Armscor and Fuchs Electronics have offered R108-million to settle an embarrassing US court case, report Paul Stober and Eddie Koch ARMSCOR is willing to pay up to R54-million in an out- of-court settlement to save its officials the embarrassment of being extradited to the United States for a trial involving charges of violating the international […]
Darren Gough is an England fast bowler looking for a wicket with every ball CRICKET: David Hopps DARREN GOUGH’s emotive walk out to bat during the Headingley test provoked the most fervent outbreak of Yorkshire pride since Geoffrey Boycott anointed his own flock with his 100th first-class century 17 years ago. In fact, the acclaim […]
Moveable Feast Marino Corazza SO what have the ducks and geese been seeing lately? All those crested white creatures, black East India beauties, pintail and teal cuties, orange beaked, web-footed relatives of Donald and Daffy that inhabit Zoo Lake — what do they see from their safe amphibious vantage point? On weekends they see the […]
GOLF: Jon Swift IF YOU are prepared to turn a blind eye to a private jet, a multi-million dollar bank account and the type of celebrity status which precludes a visit to the local steakhouse, not much has changed about Nick Price. The amiable Zimbabwean’s stunning wire-to-wire victory in the US PGA at Southern Hills […]
A Durban business project has aligned the ANC and Inkatha against the ANC’s traditional allies — union and civic organisations, writes Farouk Chothia THE ANC has found itself on the side of the Inkatha Freedom Party with its traditional allies ranged against it over its support for Durban City Council’s ostentatious building projects worth hundreds […]
Overseas investment may not all be good. Many local businesses are ripe for picking by corporate raiders, reports Jacques Magliolo The Proposed takeover of Randgold by Fraser Alexander and consortium is “significant as a precursor to other hostile takeovers”, say corporate financiers, who add that the takeover threatens to destroy complacent lifestyles of directors and […]
Anton Harber talks to Minister without Portfolio Jay Naidoo JAY NAIDOO is the official national kibbitzer. In Yiddish, a kibbitzer is the person who looks over your shoulder when you are playing cards and gives you unwanted advice. Naidoo’s job, as minister without portfolio, is to look over the shoulders of every other minister and […]
With the gold price at current lows, the age-old debate on whether to hold or trade gold shares is resurfacing. Although the trend internationally is for portfolio managers to trade all securities, in South Africa “investors tend to invest in gold shares instead of selling them like any other commodity,” says a gold analyst. “Gold […]
GREEDY, PAYDIRT, GOLDEN BALLS MONEY is probably the most powerful word in American movies and it’s the theme of three films now on circuit. In the amusing domestic comedy Greedy, Daniel (Michael J Fox) and assorted relatives badger rich old Uncle Joe (Kirk Douglas) for money — they think he’s about to die. The funny, […]
Among the midnight neck nibblers and offbeat cult classics will be movie stars and celebrity directors. Fabius Burger reports on the new South African International Film Festival It’s easy to see that the new South African International Film Festival next month is happening post- election. Among famed directors who will be appearing, introducing their films […]