Staff Reporter
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/ 10 May 2000

TEN KILLED IN MINIBUS CRASH

TEN people have been killed in a minibus accident inthe Free State. A minibus taxi veered off a bridge and caught fire, provincial police said on Tuesday. Six people were seriously injured in the accident. The minibus was heading from Maseru, in Lesotho, to Johannesburg. All passengers are thought to be Lesotho citizens. The driver […]

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/ 10 May 2000

FIRE DESTROYS LAGOS AIRPORT

A FIRE has ripped through the domestic wing of Lagos airport, destroying dozens of buildings and property worth millions of dollars. Shocked officials said on Wednesday that the fire broke outin the early hours of the morning, during a fierce electrical storm, and first indications suggested it might have been sparked by a bolt of […]

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/ 10 May 2000

SA FIRMS LEAD NIGERIAN BIDS

SOUTH African companies have emerged as leading contenders for controlling stakes in two Nigerian firms in a move analysts said underlined the growing economic ties between Africa’s two dominant countries. The Nigerian privatisation agency said that South Africa’s Addax Holdings SA had offered 1,3 billion naira 30%, of oil marketing company Unipetrol The Bureau of […]

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/ 10 May 2000

DONORS CONCERNED ABOUT ETHIOPIA AID

DONORS are concerned about hold-ups in the delivery of emergency aid in Ethiopia, including some 16000 mt donated by the European Union which has remained in Djibouti Port for 18 days. There is “a greater need for flexibility” instead of a “tendency towards centralisation” during the present crisis, humanitarian sources said. The Ministry of Transport […]

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/ 10 May 2000

SA ANIMAL GROUP TO RESCUE ZIM PETS

AN ANIMAL welfare group has launched a mission to rescue pets left behind by families fleeing farms in the unrest in neighbouring Zimbabwe. The Wet Nose Animal Rescue Centre in Pretoria has permits to bring 100 cats and dogs from Zimbabwe, centre founder Tracey Forte said. “We will bring the animals here and will house […]

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/ 10 May 2000

DOLLAR STRENGTH IS MAKING RAND WEAK — MANUEL

FINANCE Minister Trevor Manuel said the weakening of the rand could be attributed to the US currency’s strength more than rand weakness. “There is so much uncertainty and so much turmoil, and what is often read as weakening of some currencies is inordinate strengthening of the dollar against large baskets of currencies,” Manuel told parliament’s […]

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/ 10 May 2000

OLD MUTUAL MERGES WITH UK BROKER

OLD Mutual announced that it has merged its UK stockbrokers Albert E Sharp Securities with Greig Middleton to create a new broking arm, Old Mutual Securities, to be launched later this month. The group said the creation of Old Mutual Securities is part of a strategy to expand beyond its core life assurance business in […]

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/ 10 May 2000

DICTATOR’S ACCOUNTS FROZEN

JUDICIAL authorities said on Tuesday they had frozen accounts worth over 600 million euros belonging to late Nigerian dictator Sani Abacha in a move related to a Nigerian investigation into Abacha’s finances. Eight bank accounts holding shares worth 671 million euros at the Luxembourg subsidiary of a foreign bank had been frozen, Deputy Chief Prosecutor […]

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/ 10 May 2000

NO MEHRTENS FOR BRUMBIES CLASH

THE Canterbury Crusaders will face up to the ACT Brumbies in their vital final-round Super 12 clash without the services of Andrew Mehrtens, but the All Black flyhalf is likely to play in the semi-finals. Mehrtens failed the final fitness test on Wednesday today and his place will be taken for the second week by […]

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/ 10 May 2000

BAFANA 20TH IN LATEST FIFA RANKINGS

BAFANA Bafana are rated 20th in the latest Fifa world football rankings, a jump of four places. Brazil continue to lead the rankings, with the Czech Republic remaining in second spot ahead of world champions. Egypt moved up five places to 32, and Ghana recorded the biggest improvement to jump ten places to 47th thanks […]