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APPOINTED. PHUMZILE MLAMBO-NGCUKA, 49, Deputy President of South Africa; by President Thabo Mbeki; in Johannesburg. The former Minerals and Energy Minister, Mlambo-Ngcuka succeeds Jacob Zuma, who was dismissed earlier this month amid a corruption scandal involving his financial advisor. As a top government official, Mlambo-Ngcuka, an anti...

Author: /time Magazine | Title: Milestones | 6/25/2005 | See Source »

The door certainly is not that far open yet; Deng's policy might be better described as an air lock through which China lets in carefully selected foreign investments. Still, more than 2,000 foreign businesses had put some money into China by the end of 1984. Most were owned...

Author: /time Magazine | Title: China: Old Wounds Deng Xiaoping | 6/21/2005 | See Source »

CITIC is an elite concern formed in 1979 on the personal order of Deng Xiaoping. He proposed a kind of Western investment banking firm to get around the ponderous Peking bureaucracy and speed China's economic development. Led by Rong, 70, a silver-haired millionaire, the organization has helped foreign...

Author: /time Magazine | Title: Breath of Fresh Air: China International Trust and Investment Corporation | 6/21/2005 | See Source »

The 30,000 blacks working at the Impala mines in Bophuthatswana, which produce about 25% of the world's platinum, seemed a natural constituency for the National Union of Mineworkers. But last week 23,000 of those miners found themselves more in need of a job than a union. The...

Author: /time Magazine | Title: World Notes: Jan. 20, 1986 | 6/21/2005 | See Source »

Soon after taking office, Anaya also began exasperating New Mexicans by barnstorming the country as head of Hispanic Force '84, an organization designed to increase Latin influence in the Democratic Party. Nor was he helped by the recession that hit New Mexico as its mining industry, notably uranium extraction, continued...

Author: /time Magazine | Title: Unfriendly Fire: Flak for New Mexico's Anaya | 6/21/2005 | See Source »

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