SARAH BULLEN, Johannesburg | Friday 5.15pm. INVESTORS pulled out of South African markets with a flood on Friday leaving the market to end the week on bear run that eroded most of the week’ earlier gains. Dealers described the day as “utterly dismal” with uncertainty in the currency market and general global market jitters pulling […]
OWN CORRESPONDENT, Cape Town | Monday 4.30pm. SOUTH African Airway’s newly-appointed chief executive officer Coleman Andrews on Monday described the airline on June 15 this year as in a “very, very fragile” position, in desperate need of a clear and compelling vision of what its future could be. Speaking before the National Assembly’s environment and […]
OWN CORRESPONDENT, Johannesburg | Monday 11.00am. LEHLOHONOLO “HANDS OF STONE” LEDWABA has moved up into the second spot in the International Boxing Federation rankings after winning a unanimous points decision against Arnel Barotillo of Australia in a 10-rounder at the Carousel on Saturday night. The judges gave the fight to Ledwaba 97-93, 97-94, 97-94, making […]
OWN CORRESPONDENT, Johannesburg | Friday 3.30pm. National Union of Metalworkers of South Africa (Numsa) on Friday announced that 220000 of its members in the motor industry are to start a nationwide strike on September 1 following a breakdown in wage negotiations on August 1. The notice to strike comes just three days after 20000 workers […]
OWN CORRESPONDENT, Johannesburg | Monday 10.45am. KENYAN athlete Simon Biwott won the men’s division of the 16th annual Mexico City International Marathon Sunday with a finishing time of 2 hours, 16 minutes, 45 seconds. Biwott ran the fourth-best finish in the race’s history and finished 28 seconds ahead of Mexican Francisco Bautista. Mexico’s Luis Reyes […]
OWN CORRESPONDENT, Luanda | Monday 6.30pm. ANGOLAN rebel movement Unita on Monday announced that it is to sever all contact with the United States, Russian and Portugese observers monitoring the crumbling peace process under the auspices of the United Nations. In a written statement issued from Unita’s central highland stronghold Bailundo, the movement said the […]
OWN CORRESPONDENT, Johannesburg | Monday 4.45pm. THE European Investment Bank on Monday granted the first private South African company a R229-million loan. The loan, granted on the strength of a new new guarantee facility provided by the Development Bank of Southern Africa, is viewed as a breakthrough for the private sector as the EIB does […]
OWN CORRESPONDENT, Dakar | Sunday 9.45pm. NIGERIA won 23 medals, including 11 golds, earning the tag of being the best athletic team on the continent at the 11th African athletics championships which ended in Dakar on Saturday. South Africa placed second with a haul of 11 medals, including seven golds. The Kenyan team did not […]
OWN CORRESPONDENT, Johannesburg | Sunday 9.45pm. BOLAND played stunning rugby to beat an uncharacteristically out of form Griqualand West side 17-13 in a Bankfin Currie Cup match played in Wellington on Sunday. A penalty in injury time of the first half gave Griquas a 8-7 lead, which they increased to 13-7 five minutes into the […]
OWN CORRESPONDENT, Cabinda | Monday 10.30PM THE Democratic Republic of Congo on Monday accused South Africa of “behind-curtains manoeuvres”. DRC justice minister Mwenze Kongolo, in SA to represent DRC President Laurent Kabila at the Southern African Development Community summit called by President Nelson Mandela at the weekend, told reporters in Pretoria that a signal from […]