AMPLATS announced on Tuesday that it has resolved a wage dispute at its Rustenburg Base Metals Refiners with the National Union of Mineworkers but that the dispute with the National Union of Metalworkers (Numsa) continues. The company and NUM agreed on Monday afternoon to an 8% wage increase, backdated to January 1, Amplats senior manager […]

BANKS could nearly double profits and cut bank charges by 15% if they could win the battle against bank crime, The Star reports. In 1999, R68-million was stolen in bank robberies. According to the paper, crime committed at ATMs cost R55-million and fraud estimated to cost about R4-billion a year. In 1998, banks made a […]

MORE than 400 lecturers and researchers at Zambia’s largest state-run university have gone on an indefinite strike in protest against the non-payment of their January salaries, a senior union official said on Thursday. University of Zambia lecturers and researchers union vice-president Douglas Syakalima, said, that academic staff at the institution decided to strike late on […]

OWN CORRESPONDENT, Lagos | Tuesday 9.35am. TEENAGER Julius Aghahowa was the two-goal hero as title favourites Nigeria overcame outsiders Senegal 2-1 after extra time on Monday in the last African Nations Cup quarter-final. This sets up Bafana Bafana with a semi-final showdown on Thursday against Nigeria, who refused to defend the cup they lifted the […]

THE head of the Nigerian government agency responsible for overseeing the troubled telecommunications sector has been suspended, the newspaper This Day reported on Thursday. Emma Nnama, who is chief executive officer of the Nigerian Communications Commission (NCC) was questioned by security agents for 30 minutes in his office Wednesday after his suspension, the paper said. […]

MOROCCAN coach Henri Michel resigned on Monday after his team’s disappointing showing in the African Nations Cup. Michel, the former French coach who steered Morocco in the 1998 World Cup, has been vilified by the Moroccan media for the Atlas Lion’s disappointing showing, and their elimination in the group stages. They narrowly beat lowly Congo […]

ZIMBABWE exported minerals worth Z$11,4-billion in 1999, up by 62,8% on the previous year’s total earnings of Z$7-billion, state-run Minerals Marketing Corporation of Zimbabwe said. The figure excludes earnings from gold, whose sale was handled by the central bank, and asbestos which was marketed independently by a company which mined it. Total mineral earnings in […]

ABOUT 200 visitors to the Kruger National Park were trapped by floodwaters at Skukuza camp after heavy rain on Monday. No one can get in or out of the area by road. The group has been moved to higher ground at Skukuza as a precaution. A spokesman said there is no crisis, and a helicopter […]

THE bodies of six victims in the Kenya Airways jet that crashed into the sea off Cote d’Ivoire on January 30, leaving 169 people dead or missing, arrived in Nairobi on Monday aboard a regular Kenya Airways flight. The Airbus flight, carrying other passengers, along with family members and relatives of the six victims — […]

SHARES in JCI Gold Ltd pressed firmer in early trade on Thursday as Western Areas withdrew merger plans. Western Areas said on Wednesday it has withdrawn plans for the proposed merger of companies in the JCI/Randgold Group to form a single global mining company. It said the proposal was no longer feasible due to inadequate […]