LEADERS from eastern and southern Africa meet in Mauritius on Wednesday to discuss ambitious plans for economic integration which are threatened by conflicts across the continent. Heads of state from members of the Common Market for Eastern and Southern Africa will hold a two-day summit to discuss plans to create a free trade zone from […]

THE US Agency for International Development pledged on Tuesday $250-million in development aid to South Africa for the next five years. The money will be used to stimulate job creation, strengthen the country’s justice system, improve access to health, education and housing for its people and fight the spread of HIV/Aids, the US embassy and […]

OWN CORRESPONDENT, Pretoria | Tuesday 12.30pm. SOFT drink giant Coca-Cola is to invest $200-million in South Africa. Chairman Douglas Daft announced in Pretoria on Tuesday that this will form part of a billion dollars the company is investing in Africa as a whole over the next three years. “We are very optimistic about this company’s […]

THE 139 UN peacekeeepers freed by Sierra Leone rebels are expected to arrive in Freetown Tuesday, as international frustration rises over the situation in the country. Liberian President Charles Taylor called on Monday for a ceasefire in Sierra Leone after securing the release of 139 UN hostages being held by the rebel Revolutionary United Front. […]

ANGLO American announced on Tuesday an investment of R700-million at the Black Mountain Mine located at Aggeneys in the Northern Cape. Anglo purchased the mine from Goldfields and Phelps Dodge in July 1998. The major element of the expansion project will be the sinking and equipping of a new vertical shaft together with associated underground […]

STEVEN MANN, Cape Town | Tuesday 3.30pm. A TOP prison official has described convicted fraudster Allan Boesak as a “highly principled man” who would neither want nor receive special privileges while he is in jail. Stephen Korabie, the Western Cape correctional services commissioner, said it had been decided to transfer Boesak from Pollsmoor prison to […]

MINING giant Anglo American Corporation said on Tuesday that Tony Trahar, currently an executive director, will become chief executive of the company from July. Trahar takes over the helm from Julian Ogilvie Thompson, who was previously chairman and chief executive and who will remain in a non-executive capacity, the company said in a statement. The […]

EGYPTIAN President Hosni Mubabrak has welcomed the Israeli cabinet’s decision to transfer full control of three villages near Jerusalem to the Palestinians. “The decision to return the three villages to the Palestinian Authority is a step in the right direction,” Mubarak said in a statement published by the state-owned MENA news agency. One of the […]

AN investigation has been launched to determine the cause of the underground explosion that killed seven miners at the Beatrix gold mine near Welkom on Monday. Part of the mine was shut down on Monday evening pending the outcome of a meeting with Mineral and Energy Affairs Minister Phumzile Mlambo-Ngcuka, National Union of Mineworkers representatives […]

OWN CORRESPONDENT, Johannesburg | Tuesday 4.30pm. ALL local counters were up on Tuesday ahead of a key meeting of the US Federal Reserve’s interest rate-setting committee. There is widespread speculation the US committee will become more aggressive in the fight against inflation and boost rates by half a percentage point, making it more costly to […]