Yearly Archives: 2000

THE Kenyan Football Federation (KFF) has been plunged into a deep crisis. On Monday, five of the eight National Executive Committee (NEC) members resigned en masse and called on the government to appoint a caretaker committee to run soccer in the country. The resignation follows the KFF’s failure to hold its national elections on February […]

HYUNDAI Korea is unlikely to honour warranties and service plans for many of the 80000 Hyundai vehicles, even though a consortium of banks and creditors is due to sign a deal with the Korean company on Monday. Business Day reports that Super Group, a key contender, pulled out of bidding citing sensitive conditions put on […]

GOLD mining giant Gold Fields reported higher quarterly profits on the back of a stronger gold price and confirmed it is eyeing neighbouring gold miner Western Areas. Gold Fields also forecast a strong second half to the financial year, including a higher dividend payout for shareholders. Western Areas management said on Wednesday the company’s future […]

EGYPT’S attempt to retain the African Nations Cup received a terrible blow when star striker Hazem Emam was ruled out of the tournament with an ankle injury. Emam hurt himself in a crunching tackle with Abdel Aziz Ayman during training at the Kano Pillars’ stadium and was rushed to hospital on Saturday evening. Egypt coach […]

SARAH BULLEN, Cape Town | Monday 3.00pm STANDARD Bank Investment Corporation (Stanbic) on Monday lost its high court bid to have its proposed acquisition by smaller rival Nedcor adjudicated by the Competition Commission. Pretoria High Court Acting Judge Nico Coetzee ruled that the minister of finance has the final say about the proposed the hostile […]

OWN CORRESPONDENT, Accra | Sunday 6.30pm. FORMER champions Cameroon survived a nervous finish to defeat Algeria 2-1 in Accra on Sunday in the first quarter-final of the African Nations Cup. Early goals from Samuel Eto’o and Marc-Vivien Foe put the 1984 and 1988 winners in command only to relinquish the initiative in the second half […]

OWN CORRESPONDENT, Johannesburg | Monday 9.00am. THE Assets Forfeiture Unit threatened over the weekend to clamp down on “gentlemen’s clubs” across the country, if they don’t clean up their act. The warning follows a raid on a high-class Gauteng brothel, The Ranch, which has been provisionally attached. It is now being managed by a curator, […]

THE luxury Blue Trains are to be sold as they need international expertise and a high level of marketing required to keep them running. Spoornet CE Zandile Jakavula said that the two trains have been identified by Spoornet as assets that need international management to maintain their high profile. The 18-wagon Blue Trains travel between […]

SOUTH Africa’s under-23 soccer team were beaten 2-1 by Angola in their pre-Olympic qualifying friendly at the Orlando Stadium in Soweto on Saturday. The South Africans looked firmly in control and seemed to be heading for an easy victory, but the tide turned sharply. The visitors, who have been in South Africa for four weeks […]