OIL prices continued to rise in early trading on Thursday following renewed concerns about tightness of supplies. In London, the price of benchmark Brent crude for July delivery edged up nine cents to $28,70 a barrel. Dealers attribute the increase mainly to the latest US data on supplies, although they add that speculative buying is […]
THE South African Chamber of Business and Standard Bank are launching a monthly trading conditions survey, which will be published as the Trade Activity Index. The index will relate current economic activity to an economic forecasts index for the next six months. The TAI will be the third economics index in South Africa, after Sacob’s […]
OWN CORRESPONDENT, Cape Town | Thursday 1.15pm. SOUTH African national soccer coach Trott Moloto has had to make some last-minute changes to the Bafana Bafana side that jets to Malta tonight. Aaron Mokoena, defensive star of the Amaglug-glugs, has been given an urgent call to join the team which will play Malta as part of […]
JOURNALISTS at the trial of Apartheid chemical expert Wouter Basson have been refused entry to the former South African National Defence Forces’ Special Forces headquarters in Pretoria on Thursday morning. That’s after the trial moved to Valhalla, where three state witnesses identified places where apartheid hits squads were conceived. Basson said he was suprised that […]
NICOLE MORDANT, Johannesburg | Thursday 1.20pm. THE country’s competition watchdog has opposed Nedcor’s hostile bid for rival Stanbic in its report to the central bank, an senior competition source said on Thursday. ”The commission has reasoned against the transaction on grounds that it could impede competition in the banking industry… One area of concern is […]
KIERAN MURRAY, Addis Ababa | Thursday 4.30pm. ETHIOPIA declared a decisive victory in its border war against Eritrea on Thursday after Eritrea’s government agreed to withdraw from the territories it occupied at the start of fighting two years ago. Ethiopia’s government said its army has routed enemy positions on the central front of the war […]
OWN CORRESPONDENT, Cape Town | Thursday 11.00am FORMER South African cricket coach Bob Woolmer said Ashley Mallett has been ”grossly unfair” in casting doubts over the integrity of the South African cricket team. Mallett, an ex-Australian Test off-spinner who was an adviser to the South Africans during their tour of Australia in 1997-98, said on […]
OWN CORRESPONDENT, London | Thursday 2.15pm ENGLAND cricket chief Lord MacLaurin believes the outcome of the Pakistani match-fixing inquiry reveals just the ”tip of the iceberg”. Former captain Salim Malik and former Test bowler Ata-ur-Rehman were banned for life on Wednesday by the Pakistan Cricket Board, acting after the release of a long-awaited judicial report […]
ELLIS MNYANDU & JEREMY LOVELL, Bulawayo | Thursday 4.50pm. ZIMBABWE’s opposition succeeded on Thursday in a last ditch attempt to win more time to nominate candidates for parliamentary elections scheduled for June 24-25. The Movement for Democratic Change has taken its case to court, arguing that a postponement is vital if it is to field […]
INDUSTRIAL group Barlow intends spend R3-billion on acquisitions as part of a worldwide expansion programme, the Business Day reports. Barlow has also won a 90-million deal with the British military to repair and maintain forklift trucks over 10 years. According to the paper the group has been on the acquisition trail over the past six […]