THE National Association of Automobile Manufacturers anticipates vehicle exports will exceed R7-billion this year. South Africa exported R10-billion worth of components and about R5-billion worth of vehicles last year. Analysts said the industry has undergone massive changes since protectionism was lifted in 1994. A report this week by national automobile group Naamsa, says that the […]
THE Post Office said on Thursday that it is setting up a pilot project that aims to sell postage stamps over the internet. It is hoped the project will be up and running by the end of the year. All the consumer will need is a computer, a printer and an internet connection to buy […]
DIPLOMATS and colleagues have praised two journalists slain in Sierra Leone as courageous men who sacrificed their lives to tell the tale of war. Reuters journalist Kurt Schork, a 53-year-old American, and Associated Press cameraman-producer Miguel Gil Moreno, 32, of Barcelona, Spain, died in an ambush on Wednesday afternoon. Four Sierra Leone Army soldiers were […]
OWN CORRESPONDENT, Cape Town | Thursday 1.25pm. WORLD Cup-winning halfback pair George Gregan and Stephen Larkham, along with rugby league convert Andrew Walker at fullback, hold the key to the ACT Brumbies breaking New Zealand’s hold on Super 12 title on Saturday. The Brumbies, in their first final since losing the 1997 final to the […]
STEVEN MANN, Cape Town | Thursday 5.30pm. THE government reaped R7,7-billion rand from privatisation in the 1999/2000 financial year, R3,7-billion more than was orginially budgeted for. Addressing Parliament, Finance Minister Trevor Manuel said this and favorable lending conditions have enabled the government to cut debt servicing costs to 5,5% of GDP, making more resources available […]
MORE than 150 people were killed in the clashes that erupted between Muslims and Christians in the northern Nigerian city of Kaduna at the start of this week. The toll has risen past 150 with dozens of bodies observed in hospital morgues and on the streets in the two main riot-affected areas in the south […]
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 […]