| Iran frees 15 British hostages; Tony Blair bears 'no ill-will'
Faye Turney, 26, foreground left, the only woman amongst the British navy personnel, seized by Iran, turns way as Arthur Batchelor, far left, waits and Andrew Henderson, center, talks with Iranian President Mahmoud Ahmadinejad, third right, in Tehran, Iran, Wednesday. (AP/Mehr News Agency, Sajjad Safari) .
Namibia: Exploit Regional Access - Malaysian PM
Malaysian Prime Minister Dato'Seri Abdullah Badawi has urged the private sectors of both Malaysia and Namibia to look at business opportunities from the context of the access that each country has to the larger regional markets. This will improve trade between the two countries and as a result expand the currently underexploited business fields. .
Kelly value beats R900m
Shares in people company, Kelly Group, opened at R9,70 today before softening to close at R9,34, as trade topped R2,37m on its first day.
The performance might have disappointed many in light of the eight times over-subscription for the shares.
This listing represents Brait's making a partial exit from the private-equity investment it made when it took Kelly off the JSE in 2001. In the listing, aimed largely at repaying shareholders' loans, Brait is being diluted from 50% to 11%.
The listing will bring in R382,5m of new cash, de-gearing the company completely but for R100m of securitised debtors. Of this amount, R300m is repayment of debt and R82,5m is new capital.
Up to 2005 Kelly was in dire financial straits with net assets R169,1m negative and debt of R343,4m.
Backlash grows over shock jock Imus' rant
Don Imus, the nationally syndicated shock jock who called members of the Rutgers University women's basketball team "nappy-headed ho's," was suspended for two weeks Monday by his employers, CBS Radio and MSNBC. But a growing chorus of civil rights leaders and media critics argue that suspension is not sufficient and that Imus should be permanently removed from his chair. Imus, whose radio show is heard locally on KVON-AM (1440), based in Napa, and is simulcast on the MSNBC cable network, is renowned for making racist, sexist and generally tasteless remarks. He unleashed a fury last week when, while watching highlights from the women's NCAA championship game, Imus and his studio cohorts riffed on the women's appearance, comparing them to tattooed, male players. "He touched every hot rail," said Harry Edwards, professor emeritus at UC Berkeley and a longtime sports consultant, who said Imus should be fired and his show canceled.
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