OWN CORRESPONDENT, Johannesburg | Wednesday 4.00pm. THE Johannesburg Stock Exchange ended on a sour note on Wednesday following the release of worse-than-expected producer price index figures, and a weaker US Nasdaq overnight. The overall finished 1,59% or 114 points down. Industrials were 2,24% or 179 points off, while financials ended down 1,56% or 137 points. […]
AJAX Cape Town are celebrating their successful debut season in the PSL by signing a Brazilian player and putting seven players on the transfer list. Ajax finished a solid fourth on the Premier Soccer League log and look to be upward-bound next season after securing the services of Brazilian striker Rodrigo Gomes of Aracatuba. The […]
TWO armed robbers have stolen two petrol tankers worth R500000 in White River in Mpumalanga. Security guard Absalom Nkosi, 28, was at his post at Shell Depot in White River when two armed men seized him. Police spokeswoman Sergeant Thabisile Gama said the men made Nkosi lie on the ground and then tied his hands […]
JAPAN has announced plans to send Asian experts to Africa to upgrade skills and help lift the continent out of poverty. Tokyo will help the United Nations develop a program for skills development in Africa, said Yasuaki Nogawa, deputy director general of the foreign ministry’s Middle East and Africa bureau. Nogawa said the world body […]
SUE PLEMING, Washington | Wednesday 10.30am. PRESIDENT Thabo Mbeki has made an impassioned plea to rich countries such as the United States to help poorer nations like South Africa that are struggling in an “ocean of entrenched poverty.” Delivering an inaugural address at Georgetown University in the United States, Mbeki referred to comments by US […]
MULTINATIONAL banking and investment group, Investec, will seek to enhance its critical mass in the UK, where it has already bought and integrated merchant banking and asset management businesses, with “one or two acquisitions”, according to the Business Report. Stephen Koseff, the bank’s chief executive, said these will be in the fund management, banking and […]
SOUTH Africa’s 1995 World Cup winning skipper, Francois Pienaar has reportedly turned down an opportunity to coach the Natal Sharks. After having left South Africa, Pienaar was rewarded with a career as player, coach and executive at Saracens one of the most ambitious clubs in England. The blonde flanker has rejected the Sharks’ offer to […]
FORMER IBF junior featherweight world champion Vuyani Bungu has ended months of speculation by saying that he will resume his boxing career. There was a lot of speculation regarding Bungu’s future after his dismal performance against Naseem Hamed in March. He was stopped in four rounds by the WBO featherweight world champion in a fight […]
ORGANISATION of African Unity chief Abdelaziz Bouteflika, the Algerian president, arrived in Addis Ababa on Wednesday and went into talks on the Horn of Africa conflict with Ethiopian Prime Minister Meles Zenawi. Bouteflika’s special envoy Ahmed Ouyahia said the OAU chairman wanted to accelerate the pan-African body’s efforts to end the war between Ethiopia and […]
NATIONAL Parks chief executive Mavuso Msimang said on Wednesday that 13 sites in the country’s national parks are to be commercialised over the next few months. Nine of these are rest camps in the Kruger National Park. Others are in the Addo Elephant National Park, the Kgalagadi Transfrontier Park and at Golden Gate. Msimang said […]