South Africa

Garware Offshore Pockets $15 Million Order In Africa

Garware Offshore Services, a leading shipping firm has announced that the company has bagged a contract worth 15 million dollar (about Rs 69.29 crore) for delivering a vessel in South Africa. 

The source close to the company revealed that the proposed three-year contract has been secured for providing its new anchor handling tug cum supply vessel (AHTSV). 

While commenting on the order, Mr. Aditya Garware, Vice Chairman and Managing Director of Garware Offshore Services stated, “With the delivery of this vessel the fleet size will touch nine vessels inching us closer to our target of 13-14 vessels by FY 2010.”

The delivery of AHTSV will commence in the last quarter of this fiscal.

South Africa's Mbeki agrees to resign: spokesman

Thabo MbekiJohannesburg- South African President Thabo Mbeki will comply with a request from hi

South Africa in turmoil after ANC calls on Mbeki to resign

Thabo MbekiJohannesburg  - South Africa was thrown into turmoil Sunday after the governing African National Congress (ANC) called on President Thabo Mbeki on Saturday to resign over evidence of political interference in a case against ANC leader Jacob Zuma.

The ANC secretary general Gwede Mantashe told reporters the party's National Executive Committee had "decided to recall the president of the republic before his term of office expires".

Mbeki, who is in the final months of his second five-year term as president, has yet to indicate whether he is ready to accede to their demand.

South Africa's ANC begins meeting to decide fate of embattled Mbeki

Johannesburg  - The top decision-making body of South Africa's ruling African National Congress (ANC) party began a three- day meeting Friday that will decide the fate of President Thabo Mbeki.

Mbeki's neck has been on the ANC's chopping block since a court last week found evidence of political interference in the decision to prosecute ANC leader Jacob Zuma for corruption.

Mbeki and Zuma have been foes ever since Mbeki sacked Zuma as his deputy in 2005 on suspicion of corruption in an arms deal.

Zuma came back to trounce Mbeki as leader of the ANC last December, putting him on track to become president.

Aso determined to lead Japan to prosper with China, South Korea

Tokyo - Taro Aso, who is likely to succeed outgoing Prime Minister Yasuo Fukuda, said Friday that Japan was destined to flourish together with China and South Korea although he also foresaw continuing bumpy relations with the countries Japan occupied before and during World War II.

"There will be problems between Japan and those two nations," Aso said at a press conference. "No need to be flustered, though, because Japan, China and South Korea 
- the three nations are destined to prosper together."

Aso, who serves as secretary general of the governing Liberal Democratic Party (LDP), is seen as the front-runner in Monday's LDP presidential election after Fukuda announced his resignation September 1.

Showdown looms as state vows challenge to pro-Zuma court ruling

Johannesburg - Prosecutors in South Africa said Wednesday they would seek leave to appeal a court's ruling last week that corruption and fraud charges against African National Congress (ANC) leader Jacob Zuma were invalid.

The National Prosecuting Authority's (NPA) refusal to drop the case against Zuma is likely to add to tensions between supporters of Zuma and arch-rival President Thabo Mbeki.

Zuma is expected to take over from Mbeki as president after general elections in April that the ANC is expected to easily win.

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