Yearly Archives: 1999

THE University of Pretoria launched a satellite-based pilot programme on Tuesday which will link two schools via satellite to lecturers in Pretoria in the rural Northern Province. The pilot project, which has targeted 200 pupils at the Nape A Ngaato and Mkoni A Mabule high schools, hopes to boost existing matric pass-rates of roughly 20% […]

PENNY HEYNS won her second breast stroke event and the World Cup short-course swim meet on Saturday. Heyns edged two Australians in the 50-m sprint, finishing in 31:27 to Helen Denman’s 31:29 and Samantha Riley’s 31:81. Heyns beat Riley in the 100m breast stroke on Friday.

KENYAN authorities have appointed an anti-corruption advisory board, meeting a key condition for the resumption of talks on an aid package halted by the International Monetary Fund in July 1997. Attorney General Amos Wako named the new advisory board to the Kenya Anti-Corruption Authority (KACA)late on Monday. Its first task will be to nominate a […]

MAURITIUS Telecom has acquired 66% of the private Madagascar telephone company Sosaiety Misahna Varotra Sylndostria, the Mauritian national company said on Tuesday.The installation of expansion facilities will begin in April at a cost of 15 million dollars to MT, which will oversee the financial, commercial, technical and administrative management of SMVI. According to 1996 figures, […]

FORMER Zambian president Kenneth Kaunda has challenged incumbent President Frederick Chiluba to refute charges that he has helped to arm Unita rebels in Angola. “There is no smoke without fire — let them deny it convincingly and effectively because Angola keeps coming back with the same accusations,” the independent Post newspaper quoted Kaunda as saying. […]

AIR Lesotho will fold its wings on February 6. “Heavy losses from August 1997 to December 1998” were blamed by the privatisation unit of the Lesotho ministry of finance for closing the national air carrier. The firm was established in 1997 after privatising Lesotho Airways. Since then is has lost approximately R200000 per month, according […]

THE Insider Trading Act, which provides for both civil and criminal prosecutions for insider trading offences on the financial markets, kicked in at the weekend. The Act assigns control over insider trading to the Financial Services Board which will be required to publish rules governing disclosure to the authorities as well as how to deal […]

BLACK empowerment firm African Harvest, in conjunction with United States-based Risa Investment Advisers, announced on Monday a scheme to offer US investors opportunities to invest in selected businesses in South Africa. The scheme will offer investors securities or open-ended equity mutual funds as a vehicle to invest in South African firms. African Harvest CEO Leon […]

SEVEN men were killed and one was seriously wounded when an armed gang stormed into a private home in the Vaal Triangle township of Evaton, south of Johannesburg, police said on Tuesday. Police arrested four men and confiscated three pistols soon after the massacre at midnight on Monday. “The four entered the house and apparently […]

IN the latest violent storm to lash the Transkei region of the Eastern Cape, at least 21 people were killed on Monday, hundreds injured and some 50 homes flattened in the Mount Ayliff and Thabankulu area, according to Mount Ayliff police station commander Nxibe Zweladinga. At least three of the injured are reported to be […]