PAUL RICHARDSON, Johannesburg | Monday 3.45pm. ECONOMISTS said on Monday that prospects for an uptick in business this year look moderate to distant after a record 367 South African businesses collapsed in January under the weight of punitively high interest rates. This comes after Statistics South Africa data last week showed company and closed corporation […]
NIGERIA’S president-elect, Olusegun Obasanjo, will next Saturday start a gruelling month-long world tour to renew his international contacts. Obasanjo will kick off in South Africa before moving on to Namibia, Mozambique, Tanzania and Kenya. He will then head to Asia, where he will visit China and Japan. From Asia, and after a brief stop back […]
THE Zambian government has suspended operations of the privately-owned Aero Zambia airline, the state-owned Times of Zambia reported on Saturday. The airline was recently linked by a local independent newspaper to the shipment of arms to Angolan rebels. The Times of Zambia quoted Transport Minister David Saviye as saying there was a need for an […]
ZIMBABWEAN authorities arrested three United States citizens at the weekend, allegedly trying to smuggle an array of weaponry out of the country, police said on Monday. The police officer in charge of criminal investigations, Flavian Makwara, was quoted by Ziana news agency as saying the men were arrested after a customs security baggage check at […]
NIGERIA has applied to stage next year’s African Nation’s Cup finals, originally scheduled in Zimbabwe, a top Nigerian official said late Friday. “We have asked CAF (the Confederation of African Football) to host the 2000 Nations Cup” Chief of General Staff Vice Admiral Mike Akihgbe said at the draw for the World Youth Championship here. […]
NATIONAL Council of Provinces chairman Patrick “Terror” Lekota announced on Thursday that he is to take part in the gruelling 105km Argus cycle tour in a bid to raise money for the aged. Should Lekota finish the race, his sponsor — Hollard Insurance — has agreed to donate R25000 towards programmes for the aged, and […]
NEITHER Stephen Msimanga nor Mawanda Sineko went home with the IBO mini-flyweight title Saturday night. After twelve rounds referees called a draw. Both fighters showed limited range of technique and inexperience, as Msimanga kept looking for a one-punch fight and Sineko retreated without counter-attacking. Each fighter put the other in trouble at one stage, but […]
SOUTH Africa’s new rugby boss, Silas Nkanunu, won the Herald Mayor’s Port Elizabeth Citizen of the Year award at a glittering banquet at the Feather Market Centre in PE on Saturday night. The 65-year-old attorney, who replaced controversial Louis Luyt as president of the South African Rugby Football Union (Sarfu) last year, is the 10th […]
THE army in Congo announced on Friday its recapture of the Nganga-Lingolo district from rebels just south of Brazzaville, thereby completing its control of the capital’s outskirts.Forty-two Ninja militiamen, who backed former prime minister Bernard Kolelas ousted in a 1997 civil war, were killed and many wounded in the fighting.The Ninjas have been fighting government […]
THE leaders of Ghana’s Ashantis formally announced the death of their king on Friday, more than a week after the 79-year-old monarch died.Asantehene Otumfo Opoku Ware II will be buried on March 25, one month after his death. According to tradition, the funeral will be held in private around midnight.Otumfo Opoku Ware II ruled the […]