THE country recorded a current account surplus of R0,5-billion in the first quarter of 2000, the Reserve Bank said in its latest monetary policy statement. The surplus compares with a R1,5-billion deficit in the fourth quarter of last year. “Exports of goods continued to perform well and neutralised increases in merchandise imports and net service, […]
A SPURNED lover was sent to a mental hospital after he plastered hundreds of photographs of his beloved on the walls of Cairo subway stations. According to press reports the man, a 46-year-old electrician who pretended he was a police officer, had asked to marry a Cairo University student he had fallen in love with, […]
STEVEN MANN, Cape Town | Monday 1.00pm. THE King Commission continues its probe of corruption in South African cricket on Tuesday, when disgraced former captain Hansie Cronje will be cross-examined about his involvement in illicit gambling scams since 1996. Cronje admitted before the commission on Thursday to taking about $100000 in bribes and gifts, but […]
SPENDING just a small amount of money to pay for HIV drugs would score instant gains in the campaign against South Africa’s Aids crisis, Canadian scientists say. “Although there are barriers to widespread HIV-1 treatment, limited use of anti-retrovirals could have an immediate and substantial impact on South Africa’s Aids epidemic,” say the researchers, from […]
SOUTH African 2006 Soccer World Cup bid chief Danny Jordaan said that the hosting of the showcase by South Africa will be of great symbolic value to the continent. Jordaan added that it makes sense from an African perspective if Brazil withdraws its candidacy. According to Jordaan talks on this issue will be held sonn […]
UK PROPERTY group Liberty International has moved to resist rival British Land’s offer for 29,9% of its shares by launching a counter offer for its own shares, the Business Day reports. The move has been funded with more than 500-million in bank debt. Liberty International MD David Fischel told the paper over the weekend the […]
TIGER Woods turned in a command performance to win the US Open. Woods was at 8-under 205 and 10 strokes clear of two-time US Open champion Ernie Els, whose 3-under 68 was the only round under par all day. Els’ brilliant effort moved him from a tie for 30th to second place. That put him […]
CGNU, the life assurance group formed from the merger of Norwich Union and CGU, is in talks to dispose of its stake in a unit of South Africa’s biggest life insurer Old Mutual, the companies said on Friday. Mutual and Federal Insurance, in which Old Mutual has a 51% stake, said talks are taking place […]
OWN CORRESPONDENT, Witbank | Sunday 7.00pm. MIDFIELDER Delron Buckley ended his international goal drought by scoring twice as South Africa cruised to a 2-0 win over Swaziland here on Sunday in a Castle Cup quarter-final. German-based Buckley struck after 11 and 17 minutes of the opening half in a Southern Africa championship match that failed […]
WORK is underway on a telecommunications network linking 54 African countries by undersea fiber optic cables encircling the continent. Proposals from potential suppliers are under consideration and construction of the 32000-kilometer-long cable will begin this year, said the statement from US company Africa One, which is overseeing the project. Laying of the cable will begin […]