Mark Tran in Washington and Larry Elliott THE world’s financial markets could be plunged into chaos if European Monetary Union (EMU) fails to go ahead on time in 1999, the International Monetary Fund (IMF) warned this week. With the French, German and Italian governments battling to get their economies in shape for the single currency […]
privilege Ben Turok THE recent report that black corporations now control 8,6% of values at the Johannesburg Stock Exchange comes as a clear signal of the increasing pace of black advancement into the highest echelons of South African society. Until now, the most visible aspect of black advancement was in the political domain, where the […]
Durban is hosting South Africa’s first international poetry festival. HUMPHREY TYLER looked in on the preparations and spoke to Breyten Breytenbach Young women still warm to poets, especially when they are good-looking. So there are welcoming smiles for Breyten Breytenbach when he enters a tomb-like vault underneath the Sneddon Theatre at the University of Natal […]
investors Mail & Guardian Reporter Money-market funds, which will be launched this week, may sound like just another banking mouthful. But they probably represent some of the best news for consumers. Popular overseas, the funds combine some of the best elements of a current account and unit trusts. And they could be good for business. […]
Comet Hale-Bopp is a rare visitor to our solar system, writes Swapna Prabhakaran The comet Hale-Bopp has made a spectacular entry into southern skies, 4 300 years since its last visit. The first sighting in South Africa was at Sutherland Observatory, at sunset on April 21. Cape Town spotted it two days later, and now […]
Anthony Egan THE GHOST OF EQUALITY: The Public Lives of DDT Jabavu 1885-1959 by Catherine Higgs (Ohio University Press/David Philip/Mayibuye Books, R79,95) Davidson Don Tengu Jabavu was a leading educationist and liberal political figure of early 20th-century South Africa. The son of a leading black journalist and newspaper editor, John Tengo Jabavu, he grew up […]
The IBA’s 120-strong staff have issued a unanimous vote of no confidence in their boss Harris Gxaweni, reports Mungo Soggot THE Independent Broadcasting Authority’s (IBA) top officials face sacking chief executive officer Harris Gxaweni or defying the rest of their staff by keeping him. The authority’s staff representative committee, speaking for 120 staff members, this […]
Jonathan Ancer ABDI Hussein (30) grabs a fistful of spaghetti and, with great skill, swings it into his mouth. Hussein is one of the 3 000 Somali refugees who have come to South Africa since their country erupted into civil war six years ago. I meet Hussein in a hotel that is unlikely to be […]
An American billionaire plans to convert land the size of Israel in southern Mozambique into a mecca of tourism – but at what cost to the local people? Eddie Koch reports You can see it in the sadness of her eyes. Leah Shibambo would love to believe this strange American’s promises of how his new […]
FRIDAY, 2.00PM: The entire national leadership of the African National Congress from 1961 to 1994, barring President Nelson Mandela, is to apply to the truth commission for amnesty, party representative Ronnie Mamoepa confirmed today. The ANC’s military and political leadership structures will publicly accept responsibility for the actions of operatives in the field. The party […]