ESKOM, the state owned electricity supplier, plans to invest more than R7 billion in projects in other African countries over the next five years. More than R4.2 billion of this would be in new projects, R1,8 billion in equity investments and R1 billion in the rehabilitation of existing projects, Public Enterprises Minister Jeff Radebe said […]
ERIK DE CASTRO, Jolo | Tuesday 2.30pm. DECLARING they wanted peace, about 100 armed Islamic rebels descended from their mountain hideout in the southern Philippines on Tuesday to negotiate on the fate of 21 mostly foreign hostages. The unexpected meeting between the Abu Sayyaf guerrillas and Moslem provincial governor Abdusakur Tan in a local town […]
THE main rebel group in the Democratic Republic of Congo on Sunday denied reports from a Rome-based missionary news agency that its forces took part in an alleged massacre of around 300 civilians. Misna, the news agency, “has always falsely accused the Congolese Rally for Democracy. There was no massacre,” the movement’s military leader and […]
FORMER Ghanaian football captain Abedi Pele and fellow ex-international Tony Yeboah have rejected an invitation to re-join the national team. The Ghana Football Association invited the two to strenghten the Black Stars in their preparation for the 2002 World Cup qualifying series which will begin in June. In separate radio interviews in Accra on Monday, […]
OWN CORRESPONDENT, Cape Town | Tuessday 1.00pm. THE President of the South African Hockey Association, Claire Digby, has left for Rio de Janeiro to assist the embattled South African men’s hockey team to find a berth at the Sydney Olympics. The team’s plight will be heard on Wednesday when the International Olympic Committee meets to […]
A TEAM of Egyptian archaeologists working in the Valley of the Mummies on the outskirts of Cairo, has discovered 100 more gold-encased bodies. Team leader Zahi Hawass said the mummies have been found intact in seven newly uncovered tombs at the ancient necropolis where 200 mummies were found last year and which is expected to […]
LUKE BAKER, Johannesburg | Tuesday 3.30pm. DIMENSION Data, the country’s leading IT group, is expected to win government approval for a primary London listing “imminently”, its chairman said on Tuesday.
STOCKS of export tobacco from Zimbabwe are at their lowest level in five years, a tobacco industry official said on Tuesday. But Zimbabwe Tobacco Association marketing director Pat Davis said the sector — the country’s top foreign exchange earner — could withstand the knocks caused by current political strife provided there was a return to […]
ALAN FINLAY & Reuters, Johannesburg | Monday 4.00pm. THE JSE slipped lower on Monday on the back of weaker Asian markets, worse-than-expected first quarter gross domestic product data, and Friday’s dip in US markets. The all-share finished 0,60% or 43 points lower. Industrials closed down 1,28% or 104 points and financials ended 0,74% or 65 […]
South African top seed Amanda Coetzer beat Spain’s Cristina Torrens-Valero 4-6, 6-2, 6-3 Sunday to win the 140,000-dollar WTA tennis event in Antwerp. Coetzer, the world number 11, beat an opponent way below her in the rankings at 80th in a match interrupted by rain. On clay made slower by the moisture, the first set […]