KENYA’S shares dipped 0,63% during the week as despondent investors ignored some good corporate results. Brokers said that both foreign and institutional investors are steering clear of the market, unhappy about the prospects for economic recovery this year.
FORMER All Black captain Graham Mourie took his Hurricanes back to his home province on Saturday and they turned on a sublime show to beat the Queensland Reds 43-25. It could have been more, but the Reds put on a gutsy performance despite being 12-0 down in five minutes, 19-3 in 13 and losing 33-13 […]
GHANA’S Stock Exchange’s all-share index was marginally higher after posting its biggest gain of the year on Wednesday. However, brokers say the general outlook remains bearish. With national elections planned this year, foreign investors are adopting a wait-and-see attitude while locals are investing in Treasury bills, currently paying over 34%.
A FARMWORKER died and another was hospitalised after they were whipped by other farmworkers for allegedly stealing tomatoes, South African police said on Saturday. Police spokeswoman Sergeant Erica Roos said the two workers, both Mozambicans, were taken by colleagues on Friday into a storeroom on a farm near Brits, a rural town in South Africa’s […]
THE Congress of South African Trade Unions said on Thursday that it will, for a third year in a row boycott’s Parliament’s hearings on the budget, describing the current hearings as “a waste of taxpayers’ money.” “It serves no logical purpose to participate in budget hearings when the elected representatives cannot amend or oversee the […]
THE government raised R861,9-million through issuing government bonds, whilst short-term loans (net) increased by R3 058,9 million during February. The Department of Finance announced on Thursday that domestic loans to the amount of R10822,7-million and foreign loans to the amount of R2696,1-million were redeemed during the period 1 April 1999 to 29 February 2000.
SARAH BULLEN, Cape Town | Friday 5.15pm THE Johannesburg Stock Exchange had a late rally on Friday afternoon after its morning session was held back by a falling rand and concern over comment by Reserve Bank Tito Mboweni’s that higher oil prices are stoking local inflation. Investors showed concern in rand and government bond positions […]
DAVID SHAPSHAK, Johannesburg | Saturday 7.30pm. CHESTER Williams scored a try and made another to set up the Cats’ 22-18 win in Saturday’s rain-delayed Super 12 clash at Ellis Park in Johannesburg. Although the game was a tight, evenly matched affair, Williams sparked the two first half backline moves that resulted in tries. The Cats […]
KWAZULU-Natal seamers Ross Veenstra put on an impressive virtuoso display to dismiss Zander de Bruyn, Nic Pothas and Dean Laing with successive deliveries in the final over of a vital Standard Bank limited-overs match against Gauteng. KwaZulu-Natal went on to win the match by seven wickets after scoring 201/3 in reply to Gauteng’s 197/8. Veenstra’s […]
GRIQUALAND-West were outclassed by eight wickets at Centurion on Friday as Northerns scored 282/2, with stand-in skipper Gerald dros scoring 105 not-out. Griquas did not match the standard of play and ended their innings on 181/6, beaten by superior bowling, fielding and batting.