The country’s main measure of business confidence, the Business Confidence Index (BCI), plummeted for a second consecutive month in January eclipsing the wishes of some economists who were hoping that the positive sentiment in car sales indicated that consumer demand may be recovering.
Harmony Gold earnings up despite a drop in gold production
By MBUYISI MGIBISA / Business Correspondent
Monday, 08 February 2010 11:17
The recent surge in the price of gold helped the local gold mining company, Harmony Gold, lift its second quarter earnings and reduce the costs amid a drop in the mining house production levels, the company reported on Monday.
Congress of the People is preparing for its elective national congress to be held in May.
Following the party’s Congress National Committee, COPE announced at the weekend that it will hold its congress in May. The congress would be preceded by a national policy conference which in turn will be preceded by provincial conferences.
The National Interfaith Leaders Council has called on Christians to forgive President Jacob Zuma for having impregnated a woman out of wedlock. The council was formed with Zuma’s approval to serve as a conduit between the Presidency and the community and to fight the morality battles on his behalf.
COPE has asked the Public Protector to investigate Communications Minister General Siphiwe Nyanda over reports of contracts between the minister’s company and some parastatals.
Juli Kilian COPE MP and member of the communications portfolio committee in parliament told the Mail & Guardian newspaper that COPE believes Gen Nyanda’s business interests are in conflict with the provisions of the Constitution and Executive Member’s Ethics Act.