Staff Reporter
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/ 14 February 2000

JSE dips on US, gold

OWN CORRESPONDENT, Johannesburg | Monday 5.30pm STOCKS on the Johannesburg Stock Exchange ended weaker on Monday, but off the day’s lows after an early dip on weak United States markets on Friday. Heavyweight financial and resource stock dragged the JSE lower shortly after opening. The financial index ended the day 2,20% lower, with the industrial […]

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/ 14 February 2000

SWAZILAND TURNS DOWN MTN

SWAZILAND’s defence force has flatly refused to share its communications tower with the country’s only cellphone network provider, MTN. The defence force fears the cellphone company might gain access to army secrets. MTN wanted to use the tower in the remote town of Siteki to extend its coverage into the south-western rural areas. But army […]

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/ 14 February 2000

INYAKA BRIDGE VICTIMS SUE

THE builders of the ill-fated Inyaka bridge that collapsed two years ago, killing 13 people, are being sued in the High Court for R1,35-million. This is despite an inquiry into the disaster that started in November 1998. Lawyer Richard Spoor is representing the families of six people who died when the 305-metre bridge collapsed, and […]

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/ 14 February 2000

STOCKS IN TALKS WITH RMB

CONSTRUCTION group Stocks and Stocks said on Monday that it was in talks to sell its building business to an unnamed consortium led by RMB Ventures Ltd. The building and construction group gave no further details, but said in a statement that various other prosposals were still being considered for its further restructuring.

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/ 14 February 2000

RAIN CLAIMS FIVE MORE

FIVE men are believed to have drowned while trying to cross swollen rivers in on Sunday, police said, bringing to 48 the number of lives lost in floods in the country in the past week. Two of the victims were swept off a bridge over the Nkondlo River in Eastern Cape. The other three are […]

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/ 13 February 2000

METAL WORKERS BOYCOTT HEARING

ALMOST 700 metal workers reportedly boycotted a disciplinary hearing at Samancor’s Ferrometal plant in Witbank on Thursday after rejecting a company appointed arbitrator. The factory workers were charged with misconduct after allegedly participating in an unprotected protest action in support of the Congress of South African Trade Union’s job loss campaign last week. The workers, […]

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/ 13 February 2000

Botswana police look into charging Bosch’s husband

OWN CORRESPONDENT, Johannesburg | Sunday 12.35pm. BOTSWANA police suspect that the husband of Mariette Bosch, the South African woman sentenced to death in Gaborone, may have helped her murder his former wife. Mariette Bosch, 49 was sentenced to death by hanging on Friday for shooting dead fellow South African Tienie Wolmarans’ wife, Maria in 1996. […]

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/ 13 February 2000

Rand falls to 17-month low

LUKE BAKER, Johannesburg | Friday 5.30pm THE rand weakened sharply on Friday, falling to its lowest level in 17 months as strong demand for the dollar battered the currency and forced those caught holding rand to ditch their positions. Traders said the move, which saw the rand slide from R6,32 early in the session to […]

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/ 13 February 2000

IFP CHAIRMAN KILLED IN AMBUSH

THE chairman of the Inkatha Freedom Party in Tin Town, Inchanga, and four family members were killed in an ambush in the area on Thursday night. IFP spokesman Velaphi Ndlovu said the ambush was the result of a division within the Tin Town branch on how to deal with the problem of youngsters involved in […]