OLYMPICS SUPPORT THE American-based Corporate Council on Africa, devoted to promoting US trade with Africa has come out in support of the Cape Town Olympics bid. Kase Lawal, a director of the council and CEO of a Texas energy company, made the announcement on Wednesday at a Washngton luncheon given in honour of a South […]
WEDNESDAY, 11.00AM SOUTH Africa’s trade surplus last month hit a record R4,1-billion from May’s R1,8-billion as exports experienced strong growth while import demand slowed, according to the customs and excise department. Between the first and second quarters, exports increased by 20%, while imports were up only 6% over the same period. Total exports in June […]
WEDNESDAY, 1.30PM: SANZAR has agreed to consider two more teams in rugby’s Super 12 competition in 2000, but agreed that the format should stay the same. A feasibility study, which will be conducted for 2000 and beyond, was announced on Wednesday. South Africa suggested inclusion of an extra team for the 1998 competition, and Australia […]
WEDNESDAY, 1.30PM: ITALIAN boxing trainer Roberto Agostini has tipped South Africa’s Peter Malinga to win his title fight against the WBU welterweight champion Alessandro Duran in Sicily on Wednesday night. Malinga has been working out at Agostini’s gymnasium during the week. “This Malinga is good, very good,” said Agostini. “He throws good short punches and […]
TUESDAY, 2.30PM CONSUMER inflation fell again in June, with latest Central Statistical Service figures showing the annualised inflation rate for June at 8,8%, or 0,7 percentage points lower than May (9,5%), and its lowest since the 8,4% recorded last September. The month-on-month increase in the consumer price index from May to June stood at 0,3%, […]
WEDNESDAY, 11.00AM MEDIA and communications group Primedia has snapped up most of the operation of Interleisure in a R1,5-billion deal. Primedia CEO William Kirsh said his group bought 80% of Ster-Kinekor Theatres, Ster-Moribo, Ster-Kinekor Pictures and Cinemark, as well as 85,4% of Ster-Kinekor Home Entertainment and 30% of Ster-Kinekor Jersey, giving Primedia instant dominance of […]
WEDNESDAY, 5.30PM ZAMBIAN riot police fired teargas at demonstators in Lusaka, and arrested 18 supporters of former president Kenneth Kaunda, including some senior members of his United National Independence Party (UNIP). Unip members had assembled outside their party headquarters for a march on the offices of two state-controlled newspapers, which they accuse of biased reporting. […]
WEDNESDAY, 1.30PM: SOUTH AFRICA’S US Open champion Ernie Els advanced to the final of the Andersen Consulting World Championships of golf after beating Zimbabwean Nick Price 3 and 2 in Kohler on Wednseday. Els will play against Steve Elkington, who beat defending champion Greg Norman 2 and 1 on Wednesday. The winner will pocket $200 […]
PORTUGUESE president Jorge Sampaio met Nelson Mandela in South Africa on Wednesday, and thanked him for his role as mediator in the East Timor controversy.
WEDNESDAY, 1.30PM: THE Premier Soccer League (PSL) on Wednesday released its congested fixture list for the 1997/98 season and apparently left no space for the annual Four Nations Cup tournament. PSL’s representative Andrew Dipela said the league will not change the fixture list to accommodate the Four Nations Cup. Meanwhile, South African Football Association general […]