MONDAY, 11.00AM THE Development Bank of Southern Africa released a R5-billion, 30-year, zero-coupon eurorand bond issue on Friday. The deal, led by underwriters Hambros Bank and Rand Marchant Bank, is the first with an explicit guarantee by the SA government. The offer attracted strong interest, according to a syndicate official at Hambros. Zero-coupon bonds in […]
MONDAY, 2.00PM: SOUTH AFRICA’S Gary Player fired a five-metre birdie putt at the second extra hole to win the $58 330 Senior British Open at Royal Purtush on Sunday. He finished ahead of countryman John Bland. Player shot a four-under 68 for his third Senior British Open trophy. “This is one of the two best […]
MONDAY, 3.30PM A FORMER police general told the Johannesburg High Court on Monday that senior African National Congress leaders contacted police on the eve of an Inkatha Freedom Party march through central Johannesburg in 1994 to express their concern about the potential for conflict. Testifying before the inquest into the deaths of 19 marchers killed […]
MONDAY, 3.30PM AN ongoing forensic audit into financial management at the SA Tourism Board has led Pretoria police to open four separate investigations into fraud at Satour. According to Michael Farr, leader of the special management team probing the parastatal, the forensic audit has so far uncovered inefficient management systems, a virtual absence of internal […]
MONDAY, 2.00PM: SOUTH African Football Association (Safa) CEO Danny Jordaan announced on Sunday night that the planned training camp for Bafana Bafana in Cape Town has been cancelled. National coach Clive Barker was planning to take a squad of 20 home-based players for training at the Sports Science Institute in Cape Town on August 3-8. […]
PRESIDENT Nelson Mandela and Nigerian military dictator General Sani Abacha will personally resolve the latest diplomatic row between the two countries, presidential spokesman Parks Mankahlana said on Monday.
MONDAY, 11.00AM BARBROOK, a small gold mine outside the town of Barberton in Mpumalanga, closed down suddenly on Thursday, becoming the first casualty of the crisis in the local gold mining industry. Earlier this month, ERPM announced it was winding up its Benoni Gold Mine, and last week Randgold said ERPM itself might be forced […]
Wonder Hlongwa POLICE investigating the execution-style murder of five African National Congress members in a KwaZulu-Natal township this week face the grim reality that their early leads point to complicity by their own officers. The five victims, including two newly- elected ANC officials, were shot dead on Tuesday night in Isimozomeni, a township near Richmond […]
Where the big mining houses have steered clear of Liberia, Amalia has taken on the challenge, reports Madeleine Wackernagel AMALIA took a considerable risk when it signed up to develop Liberia’s mineral resources last month. Mining juniors have lost their appeal in the aftermath of the Bre-X debacle and the country’s recent political history did […]
Gustav Thiel HENNIE MARAIS, Western Cape director of the South African Narcotics Bureau, is resigned to his officers doing little more than watching the drugs coming into the city, and occasionally checking the flow. They no longer bother with dagga, or even with releasing information about their successes in drug convictions. “There are 100 000 […]