No image available
/ 7 December 2005

Gold shares lead JSE higher

Gold stocks shone on the JSE at midday on Wednesday, boosted by the gold price, which reached a fresh 24-and-a-half year high. With a slightly weaker rand and firmer world markets also helping the local bourse, gains were seen across the board.

No image available
/ 7 December 2005

The millions of reasons why golf stars visit Asia

Asia has become a happy hunting ground for many golf stars who are paid hundreds of thousands of dollars — and in one case, millions — just to turn up. While officials refuse to discuss figures, Colin Montgomerie reportedly pocketed  000 in fees at last week’s UBS Hong Kong Open — more than his  000 dollars for winning the event.

No image available
/ 7 December 2005

Mbeki: Government BEE not enriching the few

The government’s black economic empowerment policies were not responsible for the enrichment of a few individuals in the private sector, President Thabo Mbeki said on Tuesday night. ”All the big names that you know, who are cited [as] the big black economic empowerment actors, none of them have got to that position as a result of government intervention,” he said.

No image available
/ 7 December 2005

The Force is strong with this one

Former All Blacks coach John Mitchell said on Wednesday he was not in the running to replace sacked Wallaby chief Eddie Jones, preferring to focus on building Perth’s new Super 14 team, the Western Force. Mitchell’s manager, John Fordham, said the New Zealander informed Australian Rugby Union selectors that he was not interested in the Wallabies coaching position.

No image available
/ 7 December 2005

Kenya anxiously awaits new government

Kenyan President Mwai Kibaki appeared set on Wednesday to name a new government to replace the Cabinet he fired en masse last month after the embarrassing rejection of a new Constitution he backed. The expected announcement is hoped to bring an end to a two-week crisis of authority in the East African nation.

No image available
/ 7 December 2005

South Africa thrashed in tour opener

South Africa crashed to an innings defeat in their opening tour match against Western Australia on Wednesday after losing eight wickets for 139 runs on the third and final day. The tourists had been forced to follow-on after making just 179 in their first innings in reply to Western Australia’s 391 for 8 declared.