AROUND 40 people were killed in Nigeria’s economic capital Lagos when a packed urban bus ran into a fuel tanker on a major route through the city. The bus apparently lost control and careered into the oncoming tanker, the state-run Daily Times reported. Witnesses, including fire services, said around 35 people were injured in the […]

Andrew McFall The first incarnation of Bunny Chow came and went in five months in 1997. At irregular intervals a candy-coloured sheet of social commentary, architecture, reviews and interviews would punctuate your mind with the definitive full stop. Then it disappeared, leaving hordes of Durbanites looking round in bewilderment. Nine issues of thoughts and words […]

NAMIBIA intends replacing its General Sales Tax and Additional Sales Levy systems with Value Added Tax, the Namibian Press Agency reported on Tuesday. A parliamentary committee heard on Tuesday that computer hardware for the proposed VAT system is already in place and that finance ministry staff are undergoing training to be able to train and […]

THE National Federated Chamber of Commerce (Nafcoc) on Tuesday denied claims that the organisation is on the brink of collaspe, owing over R1,8-million in taxes and wracked by internal disputes. Nafcoc’s financial state came to the fore this week when City Press reported on Sunday its president Steve Skhosana had resigned amid claims of in-fighting […]

OWN CORRESPONDENT, Rabat | Thursday 4.30pm. MOROCCO denied on Thursday that it will withdraw its 2006 World Cup bid if the African Football Confederation (CAF) opts to back South Africa as Africa’s sole candidate. Both countries are vying to bring the event to Africa for the first time but there are worries that the existence […]

MEDIA holding company Johnnic announced on Tuesday that it has acquired 100% of internet search engine Ananzi. Ananzi was bought from I-Net Bridge, the online business portal of which Johnnic owns an indirect 37,5%. I-Net Bridge CEO Neil Jacobsohn said Ananzi would immediately be redeveloped and expanded to ensure it was robust enough for these […]

THE Ghanaian government and central bank officials have been in intensive discussions since Monday on the future of the Bank for Housing and Construction and Co-operative Bank, which have been liquidated following heavy losses. The government has, meanwhile, approved a scheme to protect depositors of the two banks. Government Monday closed down the two banks […]

OWN CORRESPONDENT, Cape Town | Thursday 6.00pm. THE leading yacht in the Cape to Rio 2000 yacht race, the Californian maxi Zephyrus IV, is expected to cross the finish line in Rio de Janeiro early on Friday local time, organisers said. At 07:00 GMT Thursday, the yacht, skippered by Robert McNeil, was only 255 miles […]

FIVE people were killed on Wednesday and six were injured when gunmen attacked a bus in the north of the Somali capital, Mogadishu. The gunmen sprayed the bus with bullets without warning at the north Mogadishu Sana bus station, according to the witness, who was among the passengers. Among those killed was a wealthy businessman, […]

OWN CORRESPONDENT, Lagos | Thursday 11.00am US oil giant Texaco has struck oil off the coast of Nigeria with a find estimated at around one billion barrels, valued at $25-billion at current prices, the company confirmed Wednesday. Texaco Overseas Oil Corporation and a Nigerian partner, FAMFA Oil, made the find in a deep-water offshore field […]