SA gets relay medal #Paralympics

Pretoria – Team South Africa celebrated another golden night at the 2012 Paralympic Games in London on Wednesday. The men’s T43-44 4×100-metre track relay team consisting of Samkelo Radebe, Zivan Smith, Arnu Fourie and Oscar Pistorius dashed their way to a gold medal in a world record time of 41.78 seconds to take the country’s … Continue reading “SA gets relay medal #Paralympics”

S.Africa to meet EU over Iran oil sanctions

Pretoria – South Africa will be sending a delegation to Brussels to discuss the impact on South Africa caused by the European Union-led sanctions on Iran crude oil exports. International Relations and Cooperation Minister Maite Nkoana-Mashabane said it was important that South Africa briefs the EU on the effects of such sanctions on the economy, … Continue reading “S.Africa to meet EU over Iran oil sanctions”

Caster Semenya qualifies for 800m semi-finals

  Pretoria – Caster Semenya qualified for the semi-finals of the women’s 800 meters at the London Olympic Games on Wednesday. The Limpopo-born runner finished in second position in 2:00:71 to qualify for tomorrow night’s semi-finals (8.30pm SA time) and then for the final on Saturday night (9pm SA time). The qualifying heat was won … Continue reading “Caster Semenya qualifies for 800m semi-finals”

S.Africa “land of gold” – says president

Pretoria – President Jacob Zuma says that South Africa is the “land of gold”, after Chad Le Clos won the men’s 200 metre butterfly race at the London Olympics 2012 yesterday. Zuma said the nation was filled with pride and joy, and described Le Clos as one of South Africa’s finest and youngest athletes. “Our … Continue reading “S.Africa “land of gold” – says president”

“Van der Burgh promised me the gold” – Mbalula

Pretoria – Sport and Recreation Minister Fikile Mbalula has poured praise on Cameron van der Burgh for scooping South Africa’s first gold medal at the 2012 London Olympics. The country’s golden boy and swimming sensation Van der Burgh brought smiles and happiness to South Africans. Not only did he win gold, but he also set … Continue reading ““Van der Burgh promised me the gold” – Mbalula”

The IMF offers Haiti a $7.4mil loan

Santo Domingo – The International Monetary Fund (IMF) has offered Haiti US$7.4 million for the reconstruction of the earthquake-ravaged nation, local press said on Thursday. The fund is part of the $46.9 million from the fifth credit line set up by the IMF on July 2010, when the Fund condoned Haiti a debt of about … Continue reading “The IMF offers Haiti a $7.4mil loan”

“Mandela inspires me” – Obama

Pretoria – US President Barack Obama on Wednesday joined millions of people around the world in wishing former South African President Nelson Mandela well on his 94th birthday. “Mandela’s extraordinary life and steadfast commitment to the principles of democracy and reconciliation continues to be a beacon for people of all backgrounds who strive for dignity, … Continue reading ““Mandela inspires me” – Obama”

Pro-bailout New Democracy wins Greece elections

Athens – Greek pro-bailout conservative New Democracy party (ND) won Sunday’s critical general election, beating the anti-bailout Radical Left Syriza party with 29.66% against 26.89%, according to the Interior Ministry’s final results released on Monday. Falling below the needed threshold for an overwhelming parliamentary majority, ND still secured the 50-seat bonus granted to the first … Continue reading “Pro-bailout New Democracy wins Greece elections”

IMF welcomes Spain’s 100bn Euros bailout

Pretoria – International Monetary Fund (IMF) Managing Director Christine Lagarde has welcomed the Eurogroups’ commitment to support Spain financially. Eurozone finance ministers confirmed at the weekend that the single-currency area is ready to offer up to 100 billion euros (about 125 billion US dollars) in financial aid to rescue Spain’s ailing banking sector. “The loan … Continue reading “IMF welcomes Spain’s 100bn Euros bailout”

S.Africa still deciding on US and EU Iran sanctions

Pretoria – South Africa is working on “the most appropriate” response to the European Union (EU) and US crude oil sanctions on Iran, says the Department of Energy. “We’re looking at a range of options. Come end of May, Cabinet would have pronounced the most South African-appropriate response to the EU and US sanctions on … Continue reading “S.Africa still deciding on US and EU Iran sanctions”