OWN CORRESPONDENT, Cape Town | Wednesday 2.00pm. ATHLETICS South Africa has hit back at the National Olympic Committee of South Africa after a weekend report, quoting Nocsa secretary-general Dan Moyo, claimed financial mismanagement within ASA. Banele Sindani, ASA chief executive, responded to the claims by saying that Nocsa is attempting to discredit his organisation, and […]

OWN CORRESPONDENT, Johannesburg | Wednesday 6.30pm NEDCOR Investment Bank on Wednesday posted a 25% rise in earnings, helped in part by a lower tax charge, but suggested that plans to find an international partner might have been put on the back burner. NIB, whose parent Nedcor Ltd listed 15% of its shares on the Johannesburg […]

GHANA’S troubled Ashanti Goldfields Company announced the appointment of Philip Tarsh, a senior independent director, as the acting chairman of its board of directors. This comes afer the resignation of Richard Kwame Peprah, the finance minister, as chairman of the Board with effect from 11 February. An Accra High Court last week ordered the company […]

THE United Democratic Movement on Monday said it had written to United Nations secretary-general Kofi Annan asking him to probe allegations that South Africa is fueling the war in the Congo, but chances are he won’t respond. The UDM addressed its letter to the New York-based Annan to: The Secretary-General, United Nations, Washington D.C. UDM […]

DEON POTGIETER, Johannesburg | Tuesday 11.15am. FORMER International Boxing Federation lightweight world champion Philip Holiday will attempt to recapture his lost glory when challenging for the IBC welterweight world title in Denmark on Friday night. He faces undefeated European champion Thomas Damgaard for the vacant crown. Holiday was once regarded as one of the best […]

SA’S first army equipment company led by a black woman delivered its inaugural shipment of 26 armoured vehicles to Armscor on Tuesday. Delivery was made by Nelspruit-based Bohlabela Wheels, and is part of a R1,6 million deal in February last year. The deal – for limited manufacturing – was signed immediately after the company received […]

TRANSHEX Ltd on Monday announced a number of senior management changes within the diamond mining and exploration group, including the news that group managing director Niel Hoogenhout would step down. At the same time, Transhex said that its performance was “above expectations” and that its recent announcement of a R120-million plant expansion at its flagship […]

NIGERIA has freed an aide of late dictator Sani Abacha, held on suspicion of plotting with Libyan commandos to spring Abacha’s son from jail. Kaloma Ali, a former minister, was released on Saturday after two days in detention, the independent Sunday Concord said, quoting Ali’s lawyer Mustapha Bolama. Ali was arrested in the northern city […]

DESPITE further delays due to rain, the Williams and British American Racing (BAR) teams managed to get down in earnest to Formula One testing at Kyalami on Monday. After a wet start, the sun broke through and the track dried out, allowing Williams drivers Ralf Schumacher and Jenson Button to reel off 129 laps between […]

THE Namibian government will spend close to N$28-million in the coming financial year on upgrading the Walvis Bay Airport to international standards. The Works, Transport and Communication Ministry has invited tenders for the upgrading, rehabilitation and extension of the existing runway, a new taxiway and the terminal access at the former military airport. Although the […]