REUTERS, Johannesburg | Monday THE Johannesburg Stock Exchange (JSE) is considering demutualising as part of a major restructuring exercise to boost liquidity and improve the market’s efficiency. The JSE is the world’s 19th largest exchange, with market capitalisation of some $250bn, but it ranks 34th in liquidity terms. It will now implement further measures from […]

All the people aboard a Saudi plane hijacked to Baghdad were freed on the weekend and the hijackers taken away by Iraqi authorities. The passengers and crew streamed off the Saudi Arabian Airlines plane, hijacked on a Jeddah-London flight, a little over three hours after they landed at Baghdad’s Saddam International Airport. The four hijackers, […]

A NEWSPAPER founded just under a century ago by Mahatma Gandhi in Durban and dormant for 40 years has been relaunched. Gandhi established the “Indian Opinion” in 1903, using it to highlight the injustices of colonialism and white domination and promote his principles of non-violence, truth and welfare for all. Now called “Opinion,” the non-profit […]

ANNA BORZELLO and VINCENT MAYANJA, Kampala | Monday HEALTH authorities in northern Uganda are fighting frantically to curb the spread of the deadly Ebola virus, which has killed at least 33 people in a densely populated town of Gulu, but the government says there is “no cause for alarm.” In the past, outbreaks have hit […]

ANGOLA will sell 49% of its shares in the commerical branch of the national oil company Sonangol – the first time private investors are allowed to buy shares in Sonangol, which has been entirely state-owned since the company was created in 1976. Sonangol coordinates oil exploration and drilling by foreign companies within Angola, and its […]

OWN CORRESPONDENT, Harare | Monday THE former editor of Zimbabwe’s main state-controlled newspaper has admitted he suppressed stories that showed President Robert Mugabe’s government in a bad light in the run-up to parliamentary elections in June. “We went out of our way and abandoned all professional ethics as you know them,” former editor of the […]

THE European Union has awarded Zambia a $26m loan facility to help small and medium scale miners, Zambian Finance Minister Katele Kalumba said this week. The loan facility, to be managed by the European Investment Bank, will be available to five Zambian banks and leasing companies, Kalumba said after signing the agreement with the European […]

OWN CORRESPONDENT, Durban | Monday AGGRIEVED staff at the KwaZulu-Natal Education and Culture department are to confront their MEC, Faith Gasa, after she branded them a “bunch of reptiles” and threatened to fire them for their part in an evil spell that her predecessor is alleged to have put on her. The nervous MEC is […]

REBEL attacks in Guinea have killed 360 people since September and many more have been wounded, an official said here at the weekend. Interior Minister Moussa Solano said 15 attacks had been carried out by rebels, destroying hundreds of homes. The minister did not identify the aggressors, but said that they “are not only Guineans.” […]

THE bad smell of match-fixing continues to hover over cricket and corruption will again take centre stage when the game’s governing body, the International Cricket Council, begins its executive board meeting this week. During the ICC Trophy tournament, one saga reached a climax while another threatened to unfold. Former South African captain Hansie Cronje was […]