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The Delamere-International Newsletter ©

Edition of 31 October 2004 #140


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This Month's Sponsor
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Welcome to the Delamere International Spanish Property Portfolio

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IN THIS ISSUE

1. Business: Arms Contract between South Africa and India
2. Business: Chinese currency reform program
3. Business: Employment in South Africa
4. Business: Sanctions against Libya are lifted
5. Business: The full price of aids in Africa
6. Business: Tourism to South Africa is Booming
7. Business: Wealthy individuals are the taxman's new targets
8. Education: Elephant Trade in Africa
9. Education: Nobel Peace Prize for Kenyan
10. Education: The Internet Public Library (IPL)
11. Global Trade: UK Prime Minister urges the world to help Africa
12. Immigration: H1-B Visa quota may increase
13. Travel: Cape Town first choice for tourists
14. Travel: Cape Town wins award from visitors
15. Travel: Tourism to the Cape, South Africa

 

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1. Business: Arms Contract between South Africa and India
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Johannesburg - A R2.5 billion contract for Denel to supply ordnance to the Indian army has been signed, according to the arms maker's Indian partners. Sapa said New Delhi Television reported on Friday that the deal for 100 tank turrets and 155mm guns had been signed. To read the full report, go to our NEWS DESK link.

 

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2. Business: Chinese currency reform program
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Washington - US Treasury Secretary John Snow urged China Friday to act more decisively to implement a flexible exchange rate hours after his department announced that Chinese officials had promised to move "firmly and steadily" toward easing their currency policy. To read the full report, go to our NEWS DESK link.

 

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3. Business: Employment in South Africa
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South Africa has started to make very meaningful strides in reducing unemployment. According to the latest Labour Force Survey (LFS) from Statistics South Africa, the country is creating around 60 000 jobs per month.

After years of adjustments and pain of transforming an economy into a global player, volatile Rand, tariff adjustments, political transformation, etc., the South African economy is starting to motor ahead - at last - in that it is creating jobs! To read the full report, go to our NEWS DESK link.

 

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4. Business: Sanctions against Libya are lifted
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The EU has agreed to lift its embargo on the sale of arms to Libya, after pressure from the Italian government. To read the full report, go to our NEWS DESK link.



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5. Business: The full price of aids in Africa
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Famine in Africa could worsen unless action is taken to tackle the continent's HIV/Aids epidemic, a senior UN official said today. "Unless urgent interventions are made, the epidemic could cause a steady fall in agricultural production which would fuel serious famine in African countries," said Peter Piot, the executive director of the joint United Nations programme to fight HIV/AIDS (UNAIDS), speaking in Ethiopia. To read the full report, go to our NEWS DESK link.


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6. Business: Tourism to South Africa is Booming
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Foreign exchange proceeds from tourism are now far higher than receipts from gold exports, reflecting the growing importance of tourism to the South African economy. In spite of the strong rand, foreign visitors contribute R54bn, new study shows. To read this full report, go to our NEWS DESK link.



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7. Business: Wealthy individuals are the taxman's new targets
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Directors of listed and large companies, and other high-earning executives and asset-rich individuals in South Africa, should make sure their tax affairs are in order - they are the taxman's new target.

The tax files of the country's "high net worth individuals" (HNWI) are to be rounded up and sent to a central department in the SA Revenue Service's (Sars) new Large Business Centre (LBC) in Johannesburg. The centre already handles large corporate taxpayers. To read the full report, go to our NEWS DESK link.


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8. Education: Elephant Trade in Africa
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BANGKOK - African nations have announced a continent-wide plan to crack down on their unregulated domestic ivory trades blamed for the deaths of up to 12,000 elephants a year. To read the full report, go to our NEWS DESK link. http://snipurl.com/elephants

Editor's Note: The Delamere Group are sponsors of the web site, http://www.BeautyWithoutCruelty.org and many supporters are opposed to the slaughter of animals solely for purposes of financial gain.


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9. Education: Nobel Peace Prize for Kenyan
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Kenyan environmentalist and human rights campaigner Wangari Maathai has won the Nobel Peace Prize. Mrs Maathai led a campaign called the Green Belt Movement to plant tens of millions of trees across Africa to slow deforestation. To read the full report, go to our NEWS DESK link.

Editor's Note: Well done Mrs Maathai, you have deservedly earned your Peace Prize.


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10. Education: The Internet Public Library (IPL)
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The IPL is the product of a graduate seminar at the School of Information and Library Studies at the University of Michigan to explore "the interconnections of libraries, librarians, and librarianship with a distributed networked environment." The website offers library services via the Internet, including digital reference service and collection management. Visit this site.

From The Scout Report, Copyright Internet Scout Project 1994-2004.


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11. Global Trade: UK Prime Minister urges the world to help Africa
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The Prime Minister today urged the international community to turn its attention towards Africa.

Mr Blair was speaking in the Ethiopian capital Addis Ababa, where later today he will chair the second session of his Commission for Africa. He told an audience:
"Armed with the evidence from the Commission for Africa about what Africa needs and what has held back progress in the past, I want to turn international attention on Africa into international action to support Africa." To read the full report, go to our NEWS DESK link.

 

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12. Immigration: H1-B Visa quota may increase
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NEW DELHI: There could be good news for H1-B hopefuls yet. The US Congress, which was to have wound up its year before the elections on November 2, will be returning to work for a few weeks from November 20, and among the crucial appropriations legislation that will dominate proceedings, there is indication that raising the cap on H1-B visas will be debated. To read the full report, go to our NEWS DESK link.

 


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13. Travel: Cape Town first choice for tourists
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Cape Town continues to collect awards and accolades having just added another jewel to her crown by being chosen as the best foreign city in the UK's 2004 Telegraph Travel Awards. To read this full report, go to our NEWS DESK link.

Editor's Note: Visit the Delamere Travel site, especially the pages on tours to Africa.

 

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14. Travel: Cape Town wins award from visitors
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Cape Town was rated the best city in the world for eating out and came second after Sydney as the best overall destination in the world in a recent poll of British Airways staff. To read the full report, go to our NEWS DESK link.

 

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15. Travel: Tourism to the Cape, South Africa
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Declaring open skies is the only way Cape Town will achieve its target of attracting 2.5 million tourists by 2013.

This is according to British Airways General Manager, Charles Forsyth, who was addressing a Cape Town Press Club lunch to mark the airline's 20th anniversary of direct flights to the Mother City. To read this informative report, go to our NEWS DESK link.


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This month's quote
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"Happiness does not depend on outward things, but on the way
we see them." ~ Leo Tolstoy, Author

 

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Disclaimer
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Although great effort has been made in compiling and checking the information contained in this Newsletter is accurate, the publisher shall not be held responsible for any errors, omissions or inaccuracies in this electronic publication, or for any consequences arising there from. Editorial materials published herein are provided for information only.

The publisher expressly disclaims any and all liability to any person, whosoever, in respect of any loss, damage, death, personal injury or other consequences, by their use of, or reliance upon in any way, the information contained in this electronic publication.


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