Yearly Archives: 2000

EMBATTLED residents of Alexandra outside Johannesburg have been evacuated to higher ground after the Jukskei river burst its banks on Tuesday. Several homes were washed away and more rain is expected to fall on Tuesday night. Emergency services and police divers are on standby to assist people, some of whom are apparently unwilling to leave […]

LEADING gold producer Harmony Gold Mining Company announced on Tuesday that it has purchased a 19,95% interest in Australian gold producer Goldfields from Hanson PLC at a price of A$1,25 per share. The deal is valued at A$41-million. Harmony, currently the third largest gold producer in SA, has expanded in the past five years from […]

THE government repaid a net R1,32-billion during January, bringing total financing for the 1999/2000 (April-December) fiscal year to R25,38-billion, according to Department of Finance figures released in Pretoria on Thursday. Revised budgeted financing figures for the full fiscal year were not provided by the department. According to provisional figures, R753,6-million was raised in January through […]

THE former boyfriend of television presenter Tracy Going, Richard Latham, has been fined R5000 in the Johannesburg Magistrate’s Court. Latham assaulted Going during their relationship and maliciously damaged her car. Latham also received a five-year suspended sentenceon condition that he agrees to drug rehabilitation and periodic urine tests. In one particular incident that was widely […]

SCORES of Egyptian girls in Kano, northern Nigeria, on Monday continued their seige of the hotel housing the Egyptian football team. The girls, autograph hunters in their teens and early twenties, lurked around the hotel’s reception hall with the hope of getting the players’ attention. Some of the Egyptian players not only granted autographs but […]

BANKS could nearly double profits and cut bank charges by 15% if they could win the battle against bank crime, The Star reports. In 1999, R68-million was stolen in bank robberies. According to the paper, crime committed at ATMs cost R55-million and fraud estimated to cost about R4-billion a year. In 1998, banks made a […]

OWN CORRESPONDENT, Lagos | Tuesday 9.35am. TEENAGER Julius Aghahowa was the two-goal hero as title favourites Nigeria overcame outsiders Senegal 2-1 after extra time on Monday in the last African Nations Cup quarter-final. This sets up Bafana Bafana with a semi-final showdown on Thursday against Nigeria, who refused to defend the cup they lifted the […]

MITCH PHILLIPS, London | Monday 10.30am. RUGBY union’s planned introduction of video referees could be delayed because of concerns about costs, a leading official has claimed. The experiment was due to begin in the southern hemisphere’s Super 12 regional competition, which kicks off later this month, and the Tri Nations. But Rian Oberholzer, head of […]

OWN CORRESPONDENT, Johannesburg | Thursday 11.15am. GOLD mining giant Gold Fields on Thursday reported higher quarterly profits on the back of a stronger gold price and a turnaround at its key Driefontein mine. The Johannesburg-based gold miner posted earnings after exceptional items of R192-million for the three months ended December 31. That compares to a […]

OWN CORRESPONDENT, Johannesburg | Wednesday 6.00pm. A POSITIVE finish on Wall Street and sturdier domestic bond and rand markets jacked up shares on the JSE for the second session in a row on Wednesday, but stocks soon gave away some opening gains. Diamond giant De Beers , the exchange’s third biggest stock by value, jumped […]