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/ 20 June 1997

Roots are for plants, not people

Rootedness leads to parochialism and xenophobia. Only by abolishing these fake map lines can one gain a sense of genuine belonging, argues Ronald Suresh Roberts ‘WHY are you in this country?” This question is a recurring oar-splash in every foreigner’s South African voyage. ”Aren’t you homesick?” ask the sympathetic. ”Bugger off back to wherever,” say […]

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/ 19 June 1997

SANDF gets corvettes, subs, but Rooivalk canned

THURSDAY, 12.30PM THE Cabinet on Wednesday finally approved the policy proposals in the Defence review, paving the way for the SA Navy acquire its long-awaited new submarines and corvette warships. The cabinet’s approval of policy proposals on defence posture, functions, force design, human resources and part-time forces gives the navy the green light to acquire […]

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/ 19 June 1997

JSE’s biggest day

THURSDAY, 8.30AM THE Johannesburg Stock Exchange celebrated the biggest trading day in its history yesterday, when just under R2,8 billion in shares were traded. Market speculation pointed to London-based SBC Warburg as the source, acting as principal in buying shares from an unknown South African institution for sale to an overseas company. Warburg refused to […]

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/ 19 June 1997

Oil fund ‘lost’ R173-million

THURSDAY, 11.00AM MINERAL and Energy Affairs Minister Penuell Maduna told Parliament yesterday that the Strategic Fuel Fund, the state-owned body that negotiated apartheid oil purchases, could not account for R173-million spent in oil deals by the National Party government. Maduna said wrongdoers will be uncovered in an investigation by private auditors Ntsaluba Nkoni Sizwe and […]

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/ 19 June 1997

Tax service to go independent

WEDNESDAY, 4.30PM A DRAFT Bill to make the SA Revenue Service autonmous from the public service was presented to parliament on Wednesday. Sars staff will become an institution outside the public service, but staff will remain members of the government pension fund. An advisory board consisting of a commissioner, two senior Sars employees and up […]

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/ 19 June 1997

PGA demads clarity on SA Open sponsorship

THURSDAY, 1.00PM: THE SA Professional Golf Association has called for clarity over broadcast sponsorship rights to the 1998 SA Open golf championship, after rival cellphone networks Vodacom and MTN both claimed exclusive rights. The PGA board has called for copies of the contracts between the SA Open and the two rival sponsors. The PGA’s executive […]

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/ 19 June 1997

Chiefs get French coach

THURSDAY, 12.30PM: KAIZER Chiefs signed on a new coach this week — Frenchman Paul Dolezar will replace Wellington Manyathi for a two-year contract from next month. Chiefs PRO Louis Tshakoane said Dolezar has been the national coach of Gabon, and has also coached in the Middle East and Ghana. “Dolezar arrives next week and we […]

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/ 19 June 1997

Luyt won’t let Mordt go

THURSDAY, 11.00AM: STAND-IN coaches Wim Hollander and Koos Ehlers took over the training of the Gauteng Lions team on Wednesday, in the wake of resignations from the senior coaching team, Ray Mordt, Tito Lupini and Hugo van As. The new coaches are there as a stopgap measure, as Gauteng president Louis Luyt turned down the […]

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/ 19 June 1997

Stals dashes early rates cut hopes again

THURSDAY, 11.00AM RESERVE Bank governor Dr Chris Stals on Wednesday once again dashed hopes of an early interest rate cut, when he said there will be no rate as long as money supply and credit growth remain high. Acknowledging that since SA’s return to global markets, interpretation of credit and money supply figures had changed, […]

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/ 19 June 1997

Small and Teichmann officially fit

THURSDAY, 11.00AM: SPRINGBOK rugby stars James Small and captain Gary Teichmann have been declared fit to play in the first Test against the British Lions at Newlands on Saturday. The two have recovered fully from the injuries they picked up during the Test against Tonga last Tuesday. They rejoined the squad for a tentative training […]