EMELIA SITHOLE, Johannesburg | Friday 5.00pm. US equity markets and local currency blues should continue setting the pace for the South African stock market next week with portfolio managers bracing for further volatility. Portfolio managers said although local equities looked relatively cheap following recent losses and a depreciating rand, investors were slow to take the […]
MIRIAM ISA, Pretoria | Friday 5.00pm. THE Reserve Bank left interest rates unchanged after its regular six-weekly meeting on Friday, but said it would not hesitate to tighten monetary policy if inflation continued to rise. ”The Monetary Policy Committee has decided to maintain its current policy stance,” the committee said in a statement released after […]
<b>Review: Bringing Out the Dead</b>
Twenty-five years after collaborating on Taxi Driver, Martin Scorsese and Paul Schrader are together again with Bringing Out the Dead. Mark Morris welcomes back America’s greatest film-making duo.
AFRICA’S first continental rugby competition has been given the go-ahead with the first match kicking off on June 17. The inaugural African Rugby Championship will be based on a home-and-away format and will feature six teams with South Africa being represented by an under-23 side. Teams will be divided into south and north sections, with […]
NAMIBIA is setting up a fund to enable it to expropriate white-owned land for redistribution to landless blacks, a senior official told parliament. Hifikepunye Pohamba, secretary general of the ruling South West Africa People’s Organisation, said the government would pay “just compensation” as stipulated in the country’s constitution. He was speaking during a debate on […]
ACT Brumbies skipper Brett Robinson’s hopes of a glorious Super 12 swansong will depend on whether his colleagues can get through to the Super 12 rugby final without him. Flanker Robinson, who is playing his final season for the Brumbies, has been ruled out of Saturday night’s semi-final against the Cats at Canberra’s Bruce Stadium. […]
ALL Blacks prop Kees Meeuws may have recovered sufficiently to play in the Super 12 rugby semifinal for the Highlanders against the Crusaders in Christchurch on Saturday. Hiighlanders coach Peter Sloane said on Tuesday that Meeus has an outside chance of making the team. Meeuws left the field against the Waratahs last Friday with a […]
ALAN FINLAY, Johannesburg | Wednesday 4.00pm. LOCAL markets and gold were hammered on Wednesday after a fifty basis point interest rates hike to 6,5% in the US produced a demand for dollars and dampened local counters. Analysts said the negative sentiment was surprising, after the Dow Jones responded positively to the hike. The US Federal […]
ALAN FINLAY, Johannesburg | Thursday 4.00pm. THE JSE recorded losses for the second day in a row on Thursday, after the US interest rate hike of half-a-percent pushed the bourse lower on Wednesday. The overall finished 0,55% or 41 points down. The rand also weakened considerably, touching a new low of R7,18 to the dollar […]