Yearly Archives: 1999

THE property management arm of steel giant, Iscor, has raised a lower-than-expected R360-million from the sale of its properties since June 1996. Yskor Landgoed has liquidated its property holdings in Pretoria, Vanderbijlpark and Newcastle in a bid to raise an estimated R350-million for its general investment programme. Iscor expected to raise an estimated R500-million — […]

THE critically injured commander of Mozambique’s navy, Rear Admiral Pascoal Jose Nhalungo, was flown to a Johannesburg clinic for emergency treatment over the weekend after he was ambushed and shot in Maputo two weeks ago. Nhalungo was being treated at Maputo’s central hospital but was transferred to an unnamed Johannesburg clinic for specialist treatment on […]

THE Democratic Republic of Congo government repealed on Sunday a ban on political activities in force since President Laurent Kabila took power in May 1997. The government also laid down stringent requirements for the registration of parties. First, according to official television, parties now create a forum of at least 300 delegates coming from all […]

AMNESTY hearings in Nelspruit were delayed by more than five hours on Monday when key witnesses got lost on their way to Nelspruit. The hearings had still not begun by 2pm but Truth and Reconciliation Commission officials were confident that the lost witnesses would arrive in Nelspruit in time to testify. The witnesses are supposed […]

DAVID TERBRUGGE, Gauteng and South Africa’s right-arm seamer, is racing against time to be fit for South Africa’s cricket tour of New Zealand. He will see a doctor on Monday for a further assessment of his injured left ankle. With only nine days to go before the national squad go on tour, Terbrugge might have […]

CHINESE Vice President Hu Jintao opened his country’s first consulate general in South Africa at a short ceremony in Cape Town on Monday, the second day of a five-day visit to the country. Hu is to open a similar office in Johannesburg on Wednesday. Diplomatic ties between China and South Africa, which severed links with […]

AT least 11 people were killed and two soldiers seriously wounded in a clash between protesting youths and soldiers in the troubled Niger Delta at the weekend. Details of the incident were sketchy, but according to witnesses on Monday, it appeared soldiers opened fire on youths who had come to an army barracks near the […]

OWN CORRESPONDENT, Johannesburg | Monday 1.20pm. THE Inkatha Freedom Party sacked KwaZulu-Natal premier Dr Ben Ngubane and education MEC Vincent Zulu at the weekend because of poor matric results in the province. Arts, Culture, Science and Technology Minister Lionel Mtshali is expected to replace Ngubane as premier, and Public Works Deputy Minister Eileen Shandu is […]

A BRITISH court denied Julian Askin permission on Friday to sue Absa bank group for fraud. Askin, a former shareholder in Tollgate has been trying to sue the bank group over irregularities in the liquidation of Tollgate during the Absa mergers. Allegations of fraud include overvaluing Tollgate when it was sold to Askin, and hiding […]

THE World Bank advised the Tanzanian government at the weekend to completely deregulate its petroleum industry so as to curb oil smuggling. The Bank’s resident representative in Tanzania, Ron Brigish, said that deregulation should be supported by the government through providing a level playing field in which the private sector can compete. Brigish said that […]