FRANCE Telecom has become the majority shareholder in Egypt’s largest mobile telephone company, MobiNil, after buying $252m in shares from the US firm Motorola, the French firm said. Following the transaction, France Telecom increased its stake in MobiNil, or the Egyptian Company for Mobile Services, from 46.1% to 71.25%. Cairo-based Orascom Telecom, which has bought […]
INTERNATIONAL media watchdog Paris-based Reporters Sans Frontiers (RSF) is sending a delegation to Algeria next week to investigate the case of five missing journalists and launch a media awareness campaign to try to uncover their fate. RSF says it is practically certain that two were kidnapped by Islamic terrorists and three by the state between […]
SOUTH African pizza lovers who enjoy a generous topping of anchovy are in luck. South Africa’s anchovy population is at its highest recorded level and the government has decided to boost the total allowable catch for the 2001 season by 207% to 378_000 tonnes. The Environmental Affairs and Tourism Ministry said the rising anchovy population […]
POWER supply has been restored to two mines owned by Zambia’s Roan Antelope Mining Corporation (Ramcoz), paving the way for a resumption of copper production, the company’s receivers said. Copperbelt Energy Corporation (CEC) had reduced electricity supply to Ramcoz’s Luansya and Baluba mines in October in a dispute over a $20m debt. The state-owned Zambia […]
OWN CORRESPONDENT, Johannesburg | Tuesday POLICE have admitted that Winnie Madikizela-Mandela led a bizarre police raid on a Johannesburg pensioner’s home to search for goods she claimed had been stolen from her daughter. Madikizela-Mandela, former President Nelson Mandela’s ex-wife, raided 66-year-old Stella Kallmoka’s home in the Johannesburg suburb of Yeoville on Sunday night, accompanied by […]
A GANG of cash heist gangsters risked their lives for a mere R2 each after pension payout security guards foiled an ambush. The 10 heavily armed gangsters used three stolen vehicles to ambush a convoy of armoured vans belonging to Empilweni Pension Payout Services between Witbank and Siyabuswa, but the armoured van ferrying the money […]
REPORTS of a gold strike in Mali by Hyundai Corp. have sent the stock price of the Hyundai Group’s trading arm soaring despite the company’s efforts to downplay exuberance. Hyundai confirmed it had discovered gold in the west African state, but in a statement to the Korea Stock Exchange, denied rumours that the find contained […]
A NIGERIAN minister accused of leaving a pregnant woman to die by the roadside after a fatal collision involving his convoy has gone abroad, his office said, as the couple who died were buried. Nigeria’s minister for Africa, Dapo Sarumi, left this week for an undisclosed destination for medical attention”. Critics suggested his health concerns […]
BRENTON WILLIAMS and SIZWE SAMAYENDE, Jeffreys Bay | Monday ITS not great white sharks or even killer whales that terrify Jefferys Bays only black surfer – its racist white tourists. Jackson Jacko Pennington is still shaken after a group of aggressive white Northern Cape tourists confronted him on one of Jefferys Bays most popular beaches […]
OWN CORRESPONDENT, Pretoria | Monday TOP officials of state arms agency Armscor have gone into a huddle in Pretoria to discuss weekend reports of pending damages suits totalling more than R2bn – and accompanying allegations of shady deals at the highest levels. This follows reports at the weekend that two disgruntled military hardware companies were […]