Mark Madoff, the elder son of convicted swindler Bernard Madoff, was found hanged in his apartment in an apparent suicide on the second anniversary of his father’s arrest. |||
By Martha Graybow and Daniel Trotta New York – Mark Madoff, the elder…
Industry news
‘Mark Madoff took his own life’
China’s rail network is ‘bursting’
Zhu Yi used to nap on the five-hour train ride home to Wuhan from Zhuzhou in central China. Now that a fast-rail line has cut the trip to an hour and 40 minutes, he can spend more time selling information-management systems. |||
Zhu Yi used to n…
SA poor bank on communities for livelihood
Finscope finds that 10 million South Africans rely on family or friends for the money needed to survive. |||
Many South Africans only survive because of their social networks. The results of the Finscope 2010 survey, published last week by the F…
German firm to clean up dodgy notes
Technicians from one of the companies which supplies printing machines to the Reserve Bank’s printing arm had to retrain mint staff after the discovery of R100 notes which lacked the correct security features. |||
Technicians from one of t…
Egypt to build first nuclear plant
Egypt’s minister of electricity says the country plans to build its first nuclear power and have it fully operational by 2019. |||
Cairo – Egypt’s minister of electricity says the country plans to build its first nuclear power and have it fully …
Maroga loses bid for reinstatement
Ex-Eskom CEO Jacob Maroga has lost his bid in the High Court in Johannesburg to be reinstated to his position. |||
Johannesburg – Former Eskom’s chief executive officer (CEO), Jacob Maroga lost his bid in the High Court in Johannesburg to be rei…
China’s inflation rises at fastest pace
China says that inflation topped five percent for the first time in more than two years. |||
Beijing – China said on Saturday that inflation topped five percent for the first time in more than two years, a figure analysts said would lead to fres…
Botswana expands life of biggest diamond mine
Botswana President Ian Khama has announced a project to extend the lifespan of the country’s biggest diamond mine until 2024. |||
Gaborone – Botswana President Ian Khama on Friday announced a 24 billion pula (3.63 billion US dollar) project to e…
Ghana to sell first crude oil exports
Ghana’s first crude oil exports will be offered for sale on the spot market from early January as the country makes final preparations to join the region’s league of oil producers. |||
London – Ghana’s first crude oil exports will be offered fo…
France, Germany vow to defend euro
The leaders of Germany and France vowed to defend the euro with “total” determination from the turmoil of Europe’s government debt crisis. |||
JUERGEN BAETZFreiburg – The leaders of Germany and France vowed on Friday to defend the e…