ELLIS MNYANDU, Cape Town | Thursday 6.40pm THE Western Cape property market outperformed the rest of the country, with Cape Town property prices rising by 4,6% in real terms on an annual basis last year, while in the rest of the country they stood steady. According to Rode & Associates — a Cape-based property valuers […]
TWO main leaders of Uganda’s suicide doomsday cult left their compound before hundreds of members died there and are now at large, a witness told Thursday’s daily New Vision Newspaper. ”Cult leaders Joseph Kibwetere and Credonia Mwerinde prayed for us on Thursday night and then they left the camp. They did not attend the early […]
OWN CORRESPONDENT, Durban | Thursday 6.45pm SHARES in Iscor moved sharply higher on Thursday after the integrated metals and minerals group announced that it would go ahead with its long-awaited heavy mineral sands project. Iscor said late on Wednesday that it will go ahead in April with a long-awaited R1,9-billion project to mine and process […]
OWN CORRESPONDENT, Bloemfontein | Thursday 5.00pm STANDARD Bank Investment Corporation argued on Thursday that a R30-billion unsolicited bid from smaller competitor Nedcor should be judged in parallel by both South Africa’s Banks and Competition Acts. Stanbic was arguing on the first day of its appeal in the Bloemfontein Appeal Court against a ruling by the […]
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TWENTY-EIGHT people were burnt to death and 40 seriously injured in Tanzania when an overturned fuel tanker caught fire as villagers were stealing its petrol. Three people who initially survived the blaze died on Tuesday in hospital. Laurian Sanya, the regional police commander of Mbeya, said that one of two tankers travelling to neighbouring Malawi […]
THE military regime in the Indian Ocean republic of the Comoro Islands has put down a coup attempt. Former prime minister Abbas Djoussouf and local radio reports said on Wednesday that several members of the armed forces had been arrested, including Abderrahmane Abdallah, the son of Comoran president Ahmed Abdallah who was assassinated in 1989. […]
A CAPE man who made five death threats to President Thabo Mbeki was found guilty in the Cape regional Court on Wednesday. The man, Theo James Keown, 50, pleaded guilty, but did not say why he made the threats. Keown called Tuynhuys on May 26 last year and told a presidential staffer that he wanted […]
SHARES in BOE Ltd vaulted on Friday on rumours that the banking and financial services group would announce details of a broad-ranging restructure as early as next week. Traders said regular talk that the group could become the target of a takeover was also swirling again. BOE was not immediately available for comment. At midday […]
EDUCATION Minister Kader Asmal has won the 2000 Stockholm Water Prize for his “visionary” leadership in water resource management, the prize committee announced on Wednesday. Asmal, a former minister for water affairs and forestry, was awarded the prize “in recognition of his unprecedented efforts in the development of vision, legislation and practice in the field […]