RESERVE Bank governor Tito Mboweni earlier in the week said he is concerned that there is a worrying lack of current information available from Statistics South Africa. Business Report reports that, speaking at the first meeting of the Monetary Policy Forum on Monday, Mboweni expressed concern at the lack of up-to-date information about the level […]
PRESIDENT Thabo Mbeki has congratulated Senegalese opposition leader Abdoulaye Wade on his victory over President Abdou Diouf in the country’s general election. “The South African government is convinced that under Mr Wade’s leadership, Senegal will prosper and the relations between our two countries will grow further,” Mbeki said in a statement. Mbeki also congratulated the […]
MAIZE futures traders expect the 1999/00 maize crop to come in at 9,33-million tons, well above the first official commercial crop estimate of 8,97-million tons in February. “We have had nearly perfect weather conditions for this crop and it is looking very, very good,” said a Johannesburg-based trader. “A lot of people planted very late […]
THE Hurricanes have been forced to look at playing lock Inoke Afeaki at flank for their Super 12 clash with the Cats at Palmerston North on Saturday after replacement loose-forward Semo Sititi failed a fitness test. The Hurricanes are in serious trouble with most of their loose-forwards injured. Filo Tiatia is out for at least […]
GOLD continued to move higher on Wednesday boosted by short-covering after initial market disappointment following the Bank of England’s fifth gold auction on Tuesday. The metal was last bid at $290,05 an ounce. “We saw better international markets overnight, particularly Wall Street. Bullion is up and we had the release [on Wednesday morning) of Anglo […]
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 […]