No image available
/ 14 July 2000

Winnie in hot water with ANC

In the latest of a string of attacks, the former first lady has accused the government of not addressing the interests of the people Jaspreet Kindra South Africa’s former first lady, Winnie Madikizela- Mandela, was clinging on to her political career in the African National Congress by a thread this week following strong, thinly veiled […]

No image available
/ 14 July 2000

Egypt, Kenya battle over trade duties

DAVID MAGERIA | Nairobi | Thursday 10.30am. EGYPT insisted it would not lift a newly introduced duty on Kenyan tea until Kenya applied preferential regional tariffs to all Egyptian exports. Egypt imposed higher duties on Kenya’s tea last week in the latest eruption of a trade dispute between the two countries. The move followed Nairobi’s […]

No image available
/ 14 July 2000

Minister fights to stem delay in cellphone deal

MARIAM ISA, Johannesburg | Thursday 10.30am. SOUTH Africa’s Communications Minister Ivy Matsepe-Casaburri said she will challenge a high court order delaying her approval of the winning bidder of the country’s third mobile phone licence. In documents set to be presented to the court on Friday, Matsepe-Casaburri will argue that an interdict preventing her from acting […]

No image available
/ 14 July 2000

Nedcor takes 26 percent stake in IT firm Aplitec

Johannesburg | Thursday 10.30am. Nedcor Bank acquired a 26.2 percent stake in IT firm Applied Technology Holdings Ltd, taking a further step in its information technology expansion strategy. Nedcor, one of South Africa’s four biggest commercial banks, said it was taking the stake to reap the benefits of spreading the use of smart-cards and would […]

No image available
/ 13 July 2000

Sugar crop looks strong

REUTERS, Johannesburg | Wednesday 12.15pm. SOUTH Africa could harvest a near-record sugar cane crop this summer and the industry has secured its important Far East markets, according to the cane growers’ association and the latest edition of the South African Sugar Journal. Quality problems and a poor ratio of cane to sucrose pointed to the […]

No image available
/ 13 July 2000

GOVERNMENT STICKS TO GDP GROWTH GUNS

Government is sticking to its growth forecast despite a low first quarter growth rate of 0.9 percent. Finance director general, Maria Ramos said the lower than expected first-quarter growth rate was largely due to the performance of agriculture although a bumper maize crop should raise the performance of this sector and allow for an overall […]

No image available
/ 13 July 2000

Toyota beefs up SA operation to tune of R180m

LUCIA MUTIKANI, Johannesburg | Wednesday 11.30am. Japan’s Toyota Motor Corporation (TMC) is to invest about R180m in a catalytic converter plant in South Africa next year. TMC President Fujio Cho said a joint venture between Toyota South Africa and Cataler Corporation would start production in the latter half of 2001 with an initial annual output […]

No image available
/ 13 July 2000

Zim gold mines at risk

REUTERS, Johannesburg | Wednesday 12.45pm. ZIMBABWE’S Chamber of Mines fear that 90 percent of the country’s gold mines were at risk due to a critical shortage of foreign exchange. The warning came as another Zimbabwean gold mine, suspended operations due to unsustainable losses. ”At least 90 percent of our gold mines are at risk if […]