OWN CORRESPONDENT, Basel | Monday 10.30am. RESERVE Bank Governor Tito Mboweni said on Sunday that local interest rates may be on the rise to beat back recent price increases and that South Africans need to fasten their seatbelts as the central bank firmly set its sights on reaching its 3% to 6% 2002 inflation target. […]
OWN CORRESPONDENT, Johannesburg | Monday 4.30pm. LOCAL stocks advanced in Monday’s dealings on the back of firmer world markets – but Central Bank Governor Tito Mboweni’s remarks about a possible interest rate hike are likely to cap the bourse. Gold shares were lifted by a rallying bullion price while a firmer rand was also supporting […]
NIGERIA has named a squad of mostly home-based players for two international friendlies against Malawi to be played on June 4 and June 6 in Kano and Port Harcourt respectively. Squad: Goalkeepers: Murphy Akanji (Julius Berger), Rotimi Sunday (Plateau United), Dele Aiyenugba (Kwara Stars) Defenders: Abubakar Mohammed, Alphonsus Ezimoha (both Kwara United), Harry Omokoh (Plateu […]
DISGRACED former Premier Soccer League chief executive Joe Ndhlela started a three-month prison sentence for contempt of court on Thursday, and will serve time in the Johannesburg prison, known as “Sun City”. Ndhlela was arrested following his hearing at the Commission for Conciliation, Mediation and Arbitration where he appealed against his dismissal from the PSL. […]
SOUTH Africa could send a first contingent of 120 troops to the Democratic Republic of Congo (DRC) as early as June 17 as part of a United Nations peacekeeping force. The foreign ministry said the government is also considering a UN request to send a second contingent of South African troops to Kisangani in the […]
AN explosion rocked the South African office of US software giant Microsoft on Friday, shattering windows but causing no injuries. “There was an explosion at around 5am this morning. Nobody was hurt,” Terry Annecke, marketing director for Microsoft’s South African operations said. She said the blast was caused by an unidentified device and occurred in […]
A GROUP of blacks strangled, beat and kicked a defenceless white man to death in Bulawayo, Zimbabwe, the Commercial Farmers Union said on Friday. The unprovoked attack on Wednesday took place in a built up residential area of Bulawayo, Zimbabwe’s second biggest city, in front of bystanders waiting for transport into some of the city’s […]
IRICHELLE Duran, daughter of legendary fighter Roberto Duran, was forced again to postpone her professional boxing debut. Duran withdrew from Friday night’s boxing bill, headlined by Zolani Petelo’s fifth defence of his IBF straw-weight world title against Mickey Cantwell in Kent because of illness. On a visit to South Africa last week to see her […]
OWN CORRRESPONDENT, Johannesburg | Saturday 5.30pm. WITH only 10 minutes remaining and their team 3-0 down, Pirates fans aimed a barrage of missiles at the referee, their own players and the Sundowns players causing this Premier Soccer League match to be halted as officials tried to restore calm. The disruption didn’t improve matters for the […]
THE truth commission on Friday granted self-confessed assassin Eugene de Kock amnesty again for apartheid-era atrocities he committed, this time for killing liberation activists in Botswana and Swaziland. De Kock and other policemen were pardoned for killing five ANC members in Swaziland — one of them the brother of South African defence force chief Siphiwe […]