Staff Reporter
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/ 31 May 2000

Zim companies squeezed by land crisis

STELLA MAPENZAUSWA, Harare | Wednesday 11.50am. ZIMBABWE companies will post weaker results for 2000 as the country grapples with an acute economic crisis seen compounded by farm invasions, analysts said on Wednesday. Over the past fortnight, firms have warned that 2000 results will not match those for the previous year, with National Foods saying on […]

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/ 30 May 2000

KIWIS WHIP SEVENS BOKS 69-10

SOUTH Africa were outpointed 69-10 by New Zealand in the inaugural World Sevens Series Cup Final in Paris on Sunday. The teams went into the break with the Kiwis leading 45-0 and although the Springboks scored two tries in the second-half it was a matter of trying to retain their self respect. “I’m just pleased […]

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/ 30 May 2000

STATS SA HEAD STEPS DOWN

SOUTH Africa’s main agency for government statistics said on Tuesday it is recruiting a new head to replace Mark Orkin, who has held the post since 1995. Orkin has been credited with turning the body around, making it a authoritative source of relevant market information reflecting a democratic South Africa. Finance Minister Trevor Manuel stressed […]

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/ 30 May 2000

INTERNET ADVERTISING BUREAU SET UP

THE country’s leading internet marketing specialists have announced the formation of the South African branch of the US-based Internet Advertising Bureau. Ronan Langford, MD of Real Media Africa, says that IAB SA will act as a collective voice representing companies engaged in selling advertising in internet-based media in South Africa and internationally. It aims to […]

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/ 30 May 2000

SAGE REPORTS 22% INCREASE IN HEADLINE

LISTED insurance and financial services company, Sage, reported headline earnings per share for the year ended March 31 of 257,7 cents, a 22% increase from the 211 cents seen in the year-earlier period. Sage said before-tax profits had risen 54% to R492,2-million from R318,6-million in the previous year, although taxes had more than trebled to […]

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/ 30 May 2000

‘Indian cops can quiz Cronje’ — Mashabane

OWN CORRRESPONDENT, New Delhi | Tuesday 10.00am. SOUTH Africa will allow Indian police detectives to question disgraced South African skipper Hansie Cronje for his alleged role in match-fixing, Pretoria’s chief diplomat in New Delhi said on Tuesday. The Asian Age newspaper quoted South African High Commissioner to India, Maite Nkoana Mashabane, as saying that Pretoria […]

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/ 30 May 2000

SA INVESTORS PLAN NIGERIAN REFINERY

STATE-run Nigerian National Petroleum Corp said on Tuesday it has begun preliminary talks with South African investors planning to set up an oil refinery in Nigeria. The investors plan to build and operate a refinery with a concession to lift Nigerian crude oil. The capacity of the plant is not yet known. The three-member South […]

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/ 30 May 2000

GLRU SINGLE FRANCHISE PLAN SLAMMED

THE Free State Rugby Union has rejected an offer by the Gauteng Lions Rugby Union to buy out its Super 12 shares even before the offer, or price, has been made. The proposed plan to combine the Cats and the Lions into a single franchise has drawn widespread criticism from the GLRU’s Super 12 partners. […]

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/ 30 May 2000

A COMBAT TROOPS FOR DR CONGO?

SOUTH Africa may send a battalion of combat troops to the Democratic Republic of Congo to protect UN military observers in the volatile city of Kisangani. The Star reports that President Thabo Mbeki may decide as early as Monday on whether or not to send the troops. South Africa’s ambassador to the UN Dumisani Kumalo […]

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/ 30 May 2000

FAIRHEAD SUSPECTS PLEAD NOT GUILTY

THE three accused in the Fairhead trial in the Circuit Court at Port Alfred have pleaded not guilty to all the charges. However one of the accused has admitted to some of the charges. The case started earlier on Monday amid huge public interest with a strong police presence, including the Public Order Policing Unit. […]