TUESDAY, 1.30PM: SANZAR has turned down a SA Rugby Football Union request to include an extra local team in next year’s Super 12. Sanzar said on Monday it resolved in the meting in Melbourne to suspend any talks over the inclussion of an extra team until 1999. Springbok coach Carel du Plessis has expressed his […]
TUESDAY, 11.00AM GENCOR’s newly unbundled base metals group Billiton found investors eager at its Johannesburg Stock Exchange launch on Monday, with local investors grabbing the shares at a slight premium to the price on the London Stock Exchange, where Billiton also saw its first day of formal trade. Billiton shares on Monday were the third […]
TUESDAY, 3.30PM AFRICAN National Congress lawyers told the Shell House inquest on Tuesday that police might be guilty of culpable homicide for failing in their duty to prevent clashes between supporters of the ANC and the Inkatha Freedom Party during a march in Johannesburg in 1994. The inquest is probing the deaths of 19 people […]
TUESDAY, 3.30PM THE African National Congress in Mpumalanga on Tuesday nominated its chairman, provincial Premier Mathews Phosa, as its choice for the party’s deputy presidency. Phosa’s nomination, as well as the nomination of Deputy President Thabo Mbeki for ANC president, will be tabled by the Mpumalanga branch at the ANC’s national conference in North-West in […]
TUESDAY, 3.00PM THE Unted States and other countries will withhold economic aid to Democratic Republic of Congo President Laurent Kabila if he “plays games” with a United Nations investigation into allegations that Kabila’s troops massacred thousands of Rwandan Hutu refugees, according to US ambassador Bill Richardson. “Well, the jury is still out on Kabila,” Richardson […]
TUESDAY, 11.00AM THE Johannesburg Stock Exchange experienced another record day on Monday, as new highs on the financial and industrial indices saw the all share index hit a new record high of 7 490,8, up 46,8 points over the day, based somewhat on market expectations of good credit extension and money supply figures. Industrials added […]
TUESDAY, 11.00AM GOLD mines managed by Randgold & Exploration on Monday posted disastrous results for the June quarter, reporting their worst-ever aggregate performance with a taxed cash loss of R41-million, from a R55-million taxed profit in the March quarter. Apart from the declining bullion price, Randgold mines suffered setbacks from undergorund fires, seeismic activity, flooding […]
HEAD-HUNTER ACQUITTED NICHOLAS MBAMBATHO, alias ‘Chief’ Nicholas Gcaleka, the man who made a much-publicised trip to Scotland last year to retrieve the skull of Xhosa king Hintsa, was on Monday acquitted in the Umtata Magistrate’s Court of fraud involving the purchase of large amounts of liquor. A second fraud count involving the purchase of R65 […]
MONDAY, 4.00PM THE European Union on Tuesday announced it is to fund a Southern African initiative to eliminate deadly landmines from the region, and especially in Mozambique and Angola. The EU contribution of 2,07-million European Currency Units (about $2,35-million) will cover the use of satellite and other technology to locate and count the estimated 20-million […]
TUESDAY, 1.30PM: SOUTH African Football Association president Molefi Oliphant shocked his audience at a press conference on Monday when he did not know the countries where Bafana Bafana overseas based players are plying their trades. In a conference called to announce tha cancellation of Bafana Bafana’s scheduled August 6 friendly in Cape Town, Oliphant made […]