Having researched tiger-training, circuses, hospitals, asylums, prisons and railroads, Hough brings the milieu to lurid, sometimes witty life. Brendan O’Neill, the chief executive, who resigned shortly after the profits warning, saw his pay increase 30 per cent to £1m in his final year.The shareholder organisation, representing investors holding around £700m of investments, is concerned that some of the targets executives must meet to be rewarded are not disclosed. Shareholders in ICI, the troubled chemicals group, are being advised to withhold support on directors’ pay at this Thursday’s annual general meeting. Would you be able to buy house insurance if your house was on fire?”The people who would be able to write emergency political repatriation are not interested in Saudi Arabia.”Last Monday’s suicide bombings targeted Western housing compounds in the Saudi capital Riyadh, killing at least 34 people Two Britons were among the dead.
The plans explain why Lonmin has hired Brian Gilbertson, the former chief executive of BHP Billiton, as a consultant. Lonmin and Impala have been talking about introducing black empowerment partners into those assets,” said Mr Brown.It is understood that the plan is for Impala to sell its 27 per cent stake in Lonplats, with black empowerment groups buying most of it. Lonmin, the mining group, is in talks with black empowerment groups in South Africa, which could see them take a large minority stake in its platinum business, Lonplats.
The operation is 73 per cent owned by Lonmin with the remaining 27 per cent held by Impala, the South African mining group. This simple image explains, if it does not justify, why political Islam, which refuses to see the world on anything but its own terms, has taken such a firm grip here. Shortly after the last elections in September the king threw a party in honour of his friend the US rapper P Diddy.
The biggest of these is the Party for Justice and Development which, with 42 seats, commands third place in the Moroccan parliament.Far more important is the group al-’Adl wal-Ihsan (Justice and Spirituality, or Justice and Charity), estimated to have more than 30,000 members, which is led by Sheikh Abdessalam Yassine, a former mystic and charismatic preacher who is often claimed as the “Khomeini of Morocco”.Yassine is based in Sale, a poor town just across the river from Rabat. Islamic terrorism’s centre of gravity may be shifting away from Afghanistan and Pakistan, back to the even more lawless lands of east Africa, where it flourished in the 1990s. Al-Adel, it is said, learnt his trade with the tribal militias that harried the US peacekeepers in Somalia.This leads to the second point. The links between the group’s parts may be less organisational than ideological.But two distinct trends are evident. Even before 11 September, al-Qa’ida was loosely structured, extending considerable autonomy to cells in the field.
