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Saints confident of seeing off Chelsea’s interest in youngster – report


first_imgSouthampton are confident they will keep defender Luke Shaw in spite of Chelsea’s £4m bid, The Sun on Sunday report.Chelsea are among several leading clubs to have shown an interest in the Saints prospect, 17, but have been told he is not for sale.Related West London Sport story: Chelsea to table bid for Saints prospect (2 July)Chelsea expect to complete the signing of Victor Moses from Wigan for £8.5m this week, according to the Daily Star Sunday.Wigan chairman Dave Whelan said: “I have spoken to Chelsea’s chief executive and they are easy to deal with. We have told them the price and they will agree it or not.Striker Torres reportedly has two weeks to prove himself.“We would much prefer Victor to sign a new contract but he wants to go to Chelsea. It’s a good club so we cannot stand in his way.”The Star also say Fernando Torres has two weeks to prove he can fill the boots of Didier Drogba.It is claimed that if the Spaniard doesn’t strike – starting against Manchester City today – boss Roberto Di Matteo won’t think twice about replacing him.Meanwhile, Fulham boss Martin Jol is considering a move for Sunderland’s Kieran Richardson and is making a surprise £3m bid to sign Bolton striker David Ngog, according to The People.Richardson has been tipped to leave the Stadium of Light for £2m, while Frenchman Ngog has been linked with several clubs since Bolton were relegated last season.It is also claimed that Jol is weighing up a move for Peterborough striker Paul Taylor if he misses out on Huddersfield’s Jordan Rhodes.The Mail on Sunday suggest Liverpool boss Brendan Rodgers is prepared to offer Charlie Adam to Fulham as part of an exchange deal for Clint Dempsey.Blackpool have rejected the chance to sign Joey Barton from QPR on a season-long loan, the Sunday Mirror say.It was claimed that Barton was on the verge of a move to Bloomfield Road and that Blackpool were keen to sign him to get one over neighbours Fleetwood Town, where the midfielder had been training.It is now said that Blackpool did not think it made financial sense to sign a player who is suspended for the first 12 matches of the season.QPR are ready to tempt St Etienne with a £7.5m offer for young French centre-back Kurt Zouma, according to The Sun on Sunday.Rangers supposedly face competition from Juventus, who planned to watch the 17-year-old face Lille on Saturday.And The People pick up on R’s boss Mark Hughes’ apparent interest in signing William Gallas from Tottenham.This page is regularly updated.See also:Victor Moses ‘will complete £9m move to Chelsea’Follow West London Sport on TwitterFind us on Facebooklast_img read more


Fitch upgrades SA’s credit ratings


first_img26 July 2007Fitch Ratings has revised the outlook on South Africa’s sovereign ratings from stable to positive, attributing the change to improved growth performance, increased investments and sound public finances.South Africa’s ratings for long- and short-term foreign currency issuer default (IDR) were affirmed at “BBB+” and “F3” respectively. The country’s long-term local currency IDR was affirmed at “A”, as was the country ceiling.“The change in outlook reflects South Africa’s improved growth performance and prospects as a result of rapidly rising public and private investment and ongoing micro-reforms in the economy,” Fitch sovereign team director Veronica Kalema said in a statement on Wednesday.“In addition, the country has seen a substantial improvement in its already sound public finances and strong external balance sheet.”Increased government savings and use of fiscal surpluses to increase reserves and cover the cost of sterilisation have also reduced South Africa’s external vulnerability, the agency said.Fitch said South Africa’s growth rate of 5% was sustained between 2004 and 2006 by strong consumer demand, while more recently acceleration of capital investment reflected a massive infrastructure investment by the country’s public corporations – both as part of the government’s general infrastructure programme and for infrastructure related to hosting the 2010 Fifa World Cup.The agency said it expected consumer demand to remain firm despite rising interest rates, thanks to structural changes in the economy and a rise in employment and real income.Fitch predicted that the country’s growth rate would to remain close to 5% in 2007 and potential growth would move still higher in the mediumterm. However, the agency also expects SA’s current account deficit to remain between 6% and 7% of gross domestic product.South Africa still needed to address issues such as income inequality, unemployment, HIV/Aids and crime, the agency noted, saying these could threaten future stability.“The positive outlook assumes a continuation of the current macro policy framework,” Fitch added.“It would revert to stable if there were signs of weakening in the policy framework in response to political developments, or if external shocks did not meet with an appropriate fiscal and monetary response.”SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more


Photo library: Business and industry 24


first_img{loadposition tc}Click on a thumbnail for a low-resolution image, or right-click on the link below it to download a high-resolution copy of the image.» Download Business & Industry contact sheet (1.8MB) » Download full image library contact sheet (10.5MB) Northern Cape province: The primary crusher structure at the new Kumani Mine, near Kathu.Photo: Graeme WilliamsMediaClubSouthAfrica.com » Download high-res image Hoedspruit, Limpopo province: Fruit packing at the Bavaria fruit farm where the lemons, oranges and mangoes packaged are destined mostly for the export market. Photo: Chris KirchhoffMediaClubSouthAfrica.com » Download high-res image Hoedspruit, Limpopo province: Fruit packing at the Bavaria fruit farm where the lemons, oranges and mangoes packaged are destined mostly for the export market. Photo: Chris KirchhoffMediaClubSouthAfrica.com » Download high-res image Hoedspruit, Limpopo province: Fruit packing at the Bavaria fruit farm where the lemons, oranges and mangoes packaged are destined mostly for the export market. Photo: Chris KirchhoffMediaClubSouthAfrica.com » Download high-res image Hoedspruit, Limpopo province: Fruit packing at the Bavaria fruit farm where the lemons, oranges and mangoes packaged are destined mostly for the export market. Photo: Chris KirchhoffMediaClubSouthAfrica.com » Download high-res image Hoedspruit, Limpopo province: Fruit packing at the Bavaria fruit farm where the lemons, oranges and mangoes packaged are destined mostly for the export market. Photo: Chris KirchhoffMediaClubSouthAfrica.com » Download high-res image Carletonville, North West province: Jumbo drill rig working in a development end underground at Mponeng Gold Mine, part of the west Witwatersrand operations of mining multinational Anglo Ashanti’s Western Deep Levels. Photo: Anglogold Ashanti » Download high-res image Orkney, North West province: The twin shafts – and topside headgear towers – of mining multinational Anglogold Ashanti’s Great Noligwa Gold Mine. Photo: Anglogold Ashanti » Download high-res image Orkney, North West province: Mining multinational Anglogold Ashanti’s Tau Lekoa Gold Mine, part of the company’s Vaal River operations. Photo: Anglogold Ashanti » Download high-res image BUSINESS AND INDUSTRY 24: {loadposition business}Having trouble downloading high-resolution images? Queries about the image library? Email Janine Erasmus at janinee@mediaclubsouthafrica.com.last_img read more


Music is a Great Investment for Social Cohesion and Nation Building


first_imgMusic is a great way to foster social cohesion and nation building. This is the basis upon which Music is a Great Investment (MIAGI) was established by opera singer, Robert Brooks and pianist, Ingrid Hedlund in 2001.  This is a Pretoria based Non-Profit Organisation with a vision of bringing people, particularly children and youth, together through music while creating platforms for creativity, self-expression, learning, employment, cultural exchange, social development and leadership development. The idea is that music transcends many differences and cultivates innovation.  South Africa contends with factors of racial, cultural, religious, class, gender and age differences. These factors, if not addressed in an intentional manner, can have an impact on the unity of members of society and their ability to work together towards the wellbeing of all its members; as well as the development of a common identity. MIAGI aims to address this through three main methods namely, the MIAGI Orchestra, the MIAGI Music and Community Centres and using the MIAGI international profile to attract investment for development work in South Africa.  The MIAGI Orchestra is made up of group of young South African men and women of all races. This is a classically trained orchestra that have created a unique sound by infusing elements of African Jazz into their compositions. The orchestra, in its makeup, symbolises South Africa’s diversity and through its unique sound demonstrates the country’s distinct Nation Brand to the world. The MIAGI Music and Community Centres aim to provide arts and culture education for children in informal communities. MIAGI has built, developed and managed a music centre on the premises of the Morris Isaacson High School in Soweto. The success of this Centre has inspired the development of an Arts Complex in Khayelitsha aimed at young children. Through the high level visibility of the Orchestra’s international events and the success of Music and Community Centres, MIAGI has attracted investment from the international donor community. The investment has gone a long way in propelling MIAGI’s success.  Follow MIAGI on their official website and on social media on Facebook, Twitter, Instagram and YouTube to find where you can catch the orchestra performing and how you can play your part.last_img read more


Lyceum stays unbeaten, cruises to 10th straight win


first_imgLYCEUM 96 – Perez 22, Jc. Marcelino 19, Ayaay 10, Tansingco 10, Caduyac 8, Pretta 8, Jv. Marcelino 6, Liwag 5, Nzeusseu 5, Marata 3, Baltazar 0, Cinco 0, Ibañez 0, Santos 0.MAPUA 90 – Gabo 21, Buñag 18, Victoria 16, Aguirre 11, Nieles 9, Orquina 7, Pelayo 6, Raflores 2.Quarters: 20-21, 48-43, 73-58, 96-90. Trump signs bills in support of Hong Kong protesters Lyceum lost hold of its 17-point lead, 71-54 in the third quarter as Laurenz Victoria and Leo Gabo willed Mapua to get to as close as six late in the game.Robinson said that it’s something his team needs to work on as the Pirates gear up for tougher foes ahead.“That’s the challenge for us. If we want to stay on top, there’s a lot of responsibilities that come with it. We’re the barometer. Hopefully, this will be a wake up call for us that any team can beat us if we let our guards down,” he said.Gabo paced Mapua (1-9) with 21 points and five assists, while Christian Buñag had 18 markers and 14 rebounds in the loss.The Scores:ADVERTISEMENT Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Celebrity chef Gary Rhodes dies at 59 with wife by his side Don’t miss out on the latest news and information. NATO’s aging eye in the sky to get a last overhaul Sports Related Videospowered by AdSparcRead Next LATEST STORIES View comments For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity.center_img Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Hotel says PH coach apologized for ‘kikiam for breakfast’ claim MOST READ Africa champion Cameroon misses out on World Cup Celebrity chef Gary Rhodes dies at 59 with wife by his side CJ Perez paced the Pirates with 22 points and nine rebounds, while Jaycee Marcelino got 19 markers, six boards, and two dimes.MJ Ayaay and Ralph Tansingco both chimed in 10 points apiece in Lyceum’s 10th straight win.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingCoach Topex Robinson, though, was dissatisfied with how his side reacted to the Cardinals’ challenge, as the cellar dwellers gave the Pirates everything they could handle.“I guess we didn’t play our usual game. We didn’t honor the game and it almost backfired on us. Credit to coach Atoy (Co) for preparing his team well for us,” the youthful mentor said. Lacson: SEA Games fund put in foundation like ‘Napoles case’ Lyceum didn’t look like it missed a beat as it sustained its hot streak to the second round of the NCAA Season 93 men’s basketball tournament with a 96-90 victory over Mapua Tuesday at Filoil Flying V Centre in San Juan.ADVERTISEMENT Robredo should’ve resigned as drug czar after lack of trust issue – Panelolast_img read more