ABN-Amro said on Friday that it has downgraded mining groups Rio Tinto and Billiton to “hold” from “buy” and cut Anglo American to “hold” from “undervalued. In a research note, analyst David Bird at the investment bank said the move reflects limited prospects for sustained further upside in the shares on a 12-month view. “This […]
ANDY CAPOSTAGNO, Johannesburg | Sunday 7.00pm. THE weekend when South African teams rediscovered the route to the try line came too late to save their Super 12 hopes. For as well as the Stormers played at Eden Park, and as exciting as the contest was between the Sharks and Cats at ABSA Park, the fact […]
A PEAK hour pile-up on the M2 east freeway in Johannesburg has left one motorist dead and 20 people injured. About 23 cars, a minibus taxi and a luxury bus were involved in the accident, which happened around 7am on Monday morning. Traffic officials say the taxi overturned, causing cars to collide with each other. […]
SILAS Nkanunu, president of the South African Rugby Football Union has reacted to reports that Louis Luyt is preparing an attempted comeback and that moves are afoot to replace the game’s current executive. “It’s unfortunate but the fact can’t be ignored that it is the traditional, white-led unions that are involved,” Nkanunu, who succeeded Luyt […]
PRATAP CHAKRAVARTY, New Delhi | Monday 1.18pm INDIAN police on Monday said they have gathered fresh evidence to shore up their case against South African cricket skipper Hansie Cronje on match-fixing charges. “We believe we now have sufficient evidence in this case but it is for the courts to decide,” New Delhi Crime Branch chief […]
PRESIDENT Thabo Mbeki and a group of ministers are flying to the G77 group’s South Summit in Havana, Cuba, on Monday night. Foreign Affairs Minister Nkosazana Dlamini-Zuma, Trade and Industry Minister Alec Erwin, and Minister in the President’s Office Essop Pahad will also be attending the summit. Foreign affairs spokesman Ronnie Mamoepa said the South […]
THE Wellington Hurricanes scored their first win over the Canterbury Crusaders in the Super 12 when they triumphed 28-22 in a pulsating encounter in Wellington on Friday night. The Crusaders, bidding for a third Super 12 title in a row, outmuscled their opponents in the scrum but could do little to resist the power and […]
HUMAN heart transplant pioneer Professor Chris Barnard will leave South Africa, saying he has had enough of the emotional pain he has suffered there, a report said Sunday. Barnard, 77, told the Sunday Times he has decided to leave South Africa ”after a particularly difficult year.” ”I have suffered a lot of pain,” he said, […]
BLACK control of market capitalisation on the JSE fell sharply last year and could decrease further in 2000 as several firms unbundle non-core assets, an investment firm said. BusinessMap, an investment strategy group which tracks the black economic empowerment process, said in its annual report that the black share of ownership could drop to 2,1% […]
OWN CORRESPONDENT, Johannesburg | Friday 5.30pm THE Johannesburg Stock Exchange ended marginally weaker on Friday weighed by a fall in the gold index despite steady bullion and ignoring strength in some financial and information technology stocks. The all share index closed the week down 17 points or 0,22% after a quiet day’s trade ahead of […]