The strategy is still the same. We are going to buy up where the business is doing well.

Oracle kind of has the backbone to be in the hosted business, but it isn't, while Siebel already is.

The newspaper business has been in contraction for at least three years. Every facet of their business has moved away from them.

It's not a threat to any South African ports. Our ports are already quite busy.

I am satisfied with the progress of most land-based operations. Some were obviously expected to take a long time to produce profits.

The shipping markets are low and margins are narrow. That means we have to be cautious. The prices of ships are now high while charter rates are low.