Dealers said the currency’s weakness, after a period of relative stability, has little to do with South Africa’s economic fundamentals and was mainly the result of the strength of the US dollar, particularly against the euro.

OWN CORRESPONDENT, Accra | Monday 9.20pm. CAMEROON and co-hosts Ghana scraped into the African Nations Cup quarter-finals on Monday despite both losing in a thrilling finish to Group A. Cte d’Ivoire defeated Ghana 2-0 in Accra through goals from Bonaventure Kalou and Donald Olivier Sie while an early Massamesso Tchangai goal gave outsiders Togo a […]

ENGLAND topped the triangular series standings — between themselve, South Africa and Zimbabwe — after thier eight wicket victory over Zimbabwe on Sunday: (Tabulate as played, won, lost, no result, tied, points): England 4 2 2 0 0 4 (+0.03) South Africa 3 2 1 0 0 4 (-0.24) Zimbabwe 3 1 2 0 0 […]

POLICE and soldiers launched a major crime offensive on Sunday by swooping down on Vosloorus township southeast of Johannesburg and netting a rich haul in stolen goods. Amongst other things, the dawn raid netted 12 firearms, 700kg of marijuana plants, one stolen BMW and five other vehicles that police suspect have been stolen. 16 illegal […]

CATERING company Fedics Group on Friday said it is disposing of the business of Fedics as ongoing concern, delisting and liquidating by way of members’ voluntary winding up. The company said in a statement it was disposing of its business to a consortium comprised of existing black empowerment shareholders in Fedics, Ethos and certain members […]

SARAH BULLEN Johannesburg | Monday 5.00pm. SHARES on the Johannesburg Stock Exchange pulled back from heavy earlier losses on Monday with a major boost when it was announced that the country’s December trade balance unexpectedly swung into its largest surplus for the whole year. The the country’s trade balance surged to a surplus of R3,56-billion […]

GARY Player staged the biggest comeback in the history of the Senior Skins Game this weekend with a birdie on the first playoff hole to win four skins and a $220000 jackpot. He edged Tom Watson, who won seven skins and $210000, at Maunu Lani in Hawaii.

ERNIE Els shot a 67 in the last round of the golf classic on Perth on Sunday, finishing on 12-under with 276. But he was still eight shots behind Michael Campbell of New Zealand, who won the A$1,4-million event.

THE leader of Afghanistan’s ruling Taliban militia, Mulla Mohammad Omar, has denounced a new Egyptian law making it easier for women to obtain divorces as an insult to Islam. Omar asked the Muslims around the world to protest against the decision. Under the new Egyptian law passed by parliament last Wednesday, and which takes effect […]

COMMUNICATIONS Minister Ivy Matsepe-Casaburri said on Saturday that the process of awarding the country’s third cellular telephone licence will proceed after a probe by the Auditor General found no reason for further delays. The granting of the lucrative licence had been delayed by the Auditor General’s investigation into allegations of incompetence and graft in the […]