Archive for April 9th, 2010

source: Mmegi
MBONGENI MGUNI
Staff Writer

Petroleum retailers pushing for an upward review of fuel prices are hoping that the next meeting of the Department of Energy Affairs scheduled for this week will result in improved profit margins for their businesses.

The Ministry of Minerals, Energy and Water Resources’ department is scheduled to hold its monthly meeting on unit rates this week. Representatives of petroleum retailers due at the meeting will be hoping to push through the first review of fuel prices since August 1, 2009.

Petrol prices in South Africa rise today by between 48 and 49 cents a litre, pushed upwards by higher international crude prices but slightly held back by the stronger Rand against the [continue reading]

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source: News24
2010-04-09 08:45

Ventersdorp – Dozens of khaki clad AWB supporters have gathered outside the Afrikaans Protestant Church in Ventersdorp on Friday morning ahead of the funeral of their murdered leader Eugene Terre’Blanche.

The funeral would start at noon but by 08:00 the road outside the church was packed with police cars and television crews from around the world.

Police spokesperson Captain Adele Myburgh said thousands were expected to attend the funeral in the North West town.

“We are expecting a very large crowd of people and we are ready for any kind of incident,” she said.

Myburgh said the police were investigating several threats that had been made.

“We have patrolling all over the town. We have officers on foot and in [continue reading]

source: Mmegi

South Africa’s Reserve Bank has again ruled out pegging the rand against the dollar despite worries over the strength of its currency, Business Report newspaper said yesterday.

Both the government and the central bank have in the last few months expressed concern that the stronger rand undermines export competitiveness and therefore economic growth, but say the need for a stable, competitive exchange rate does not translate into fixing the currency.

Business Report quoted Reserve Bank head of economic research Johan van den Heever as telling legislators that maintaining a currency peg required large foreign exchange reserves.

He used the example of China, which has amassed huge volumes of [continue reading]

source: BOPA
08 April, 2010

GABORONE – Parliament has adopted the Revised National Population Policy, which aims at improving the quality of life and standard of living in the country.

Its cardinal elements are low morbidity and mortality, managed urbanisation, population distribution and migration, improved housing and sanitation, increased access to services and resources, full employment, reduced poverty, diversified economy, sustained and more equality distributed growth.

Presenting the policy, Minister of Finance and Development Planning, Mr Kenneth Matambo, said the revised goal entailed a holistic approach that addressed population concerns within the context of national development planning.

It also addresses national aspirations outlined in Vision 2016 and the countrys commitment to the implementation of the internationally agreed compacts and policy frameworks such as [continue reading]

source: News24
2010-04-08 22:48

Ventersdorp – “A large number” of police will patrol Ventersdorp on Friday amidst fears of a possible outbreak of racial violence during the funeral of Eugene Terre’Blanche while extra locks have been added to the room where his body is being kept.

Police spokesperson Adele Myburgh said the police were prepared for anything after a shouting match between blacks and whites when the murdered Afrikaner Weerstandsbeweging (AWB) leader’s alleged killers appeared in the Ventersdorp Magistrate’s Court earlier in the week.

“The police will be keeping watch over the whole town, we are prepared for [continue reading]