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/ 19 June 2000

HANSIEGATE BROADCAST RIGHTS GOES TO COURT

THE Cape Town High Court is expected to hear arguments on Monday on whether the King Commission’s inquiry into alleged cricket matchfixing can be broadcast live on radio and television. Last week Live Africa Network News launched a court application against the commission’s ban on television and radio coverage of the inquiry. The court allowed […]

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/ 19 June 2000

CURRENT ACCOUNT SURPLUS OF R0,5bn

THE country recorded a current account surplus of R0,5-billion in the first quarter of 2000, the Reserve Bank said in its latest monetary policy statement. The surplus compares with a R1,5-billion deficit in the fourth quarter of last year. “Exports of goods continued to perform well and neutralised increases in merchandise imports and net service, […]

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/ 19 June 2000

Cronje faces grilling before King Commission

STEVEN MANN, Cape Town | Monday 1.00pm. THE King Commission continues its probe of corruption in South African cricket on Tuesday, when disgraced former captain Hansie Cronje will be cross-examined about his involvement in illicit gambling scams since 1996. Cronje admitted before the commission on Thursday to taking about $100000 in bribes and gifts, but […]

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/ 19 June 2000

2006 CUP WILL BENEFIT AFRICA — JORDAAN

SOUTH African 2006 Soccer World Cup bid chief Danny Jordaan said that the hosting of the showcase by South Africa will be of great symbolic value to the continent. Jordaan added that it makes sense from an African perspective if Brazil withdraws its candidacy. According to Jordaan talks on this issue will be held sonn […]

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/ 19 June 2000

LIBERTY DEFENDS RIVAL SHARE BID

UK PROPERTY group Liberty International has moved to resist rival British Land’s offer for 29,9% of its shares by launching a counter offer for its own shares, the Business Day reports. The move has been funded with more than 500-million in bank debt. Liberty International MD David Fischel told the paper over the weekend the […]

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/ 18 June 2000

Reserve Bank reopens probe into ‘lifeboat’ loan

OWN CORRESPONDENT, Johannesburg | Sunday 6.00pm. THE Reserve Bank has reopened investigations into the controversial R1.5-billion ($220-million) lifeline the bank threw the Bankorp banking group during the last years of apartheid. The Reserve Bank has set up a panel, to be headed by Judge Dennis Davis, to probe its own role in the biggest bank […]

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/ 18 June 2000

ELS SECOND TO CHAMPION TIGER

TIGER Woods turned in a command performance to win the US Open. Woods was at 8-under 205 and 10 strokes clear of two-time US Open champion Ernie Els, whose 3-under 68 was the only round under par all day. Els’ brilliant effort moved him from a tie for 30th to second place. That put him […]

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/ 18 June 2000

CGNU TO SHED OLD MUTUAL STAKE

CGNU, the life assurance group formed from the merger of Norwich Union and CGU, is in talks to dispose of its stake in a unit of South Africa’s biggest life insurer Old Mutual, the companies said on Friday. Mutual and Federal Insurance, in which Old Mutual has a 51% stake, said talks are taking place […]

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/ 18 June 2000

Buckley strikes as Bafana cruise into semis

OWN CORRESPONDENT, Witbank | Sunday 7.00pm. MIDFIELDER Delron Buckley ended his international goal drought by scoring twice as South Africa cruised to a 2-0 win over Swaziland here on Sunday in a Castle Cup quarter-final. German-based Buckley struck after 11 and 17 minutes of the opening half in a Southern Africa championship match that failed […]