MEMBERS of the advertising industry said on Thursday that they expect clients to spend around R8,5-billion this year, up 10% from last year, in accordance with hopes for an upturn in the economy. Although the final numbers are not in, the industry estimates between R7,5-billion and R8-billion was spent on advertising in 1999 when the […]

SOUTH Africa’s largest life assurer Old Mutual Plc said on Tuesday it had agreed to sell its UK life business, Old Mutual Life Assurance Co Ltd, to two companies. Once the deals are completed, the combined impact is expected to release back to Old Mutual capital of around 75-million pounds during this year, a suplus […]

SOUTH Africa, Algeria and Morocco have named squads for the African Nations Cup finals in Ghana and Nigeria from January 22 to February 13: Squads: South Africa Goalkeepers: Andre Arendse, John Tlale, Hans Vonk Defenders: Mark Fish, Pierre Issa, Papi Khomane, Lucas Radebe, Frank Schoeman Midfielders: Alex Bapela, Quinton Fortune, Steve Lekoelea, Helman Mkhalele, Thabo […]

FORMER British prime minister Margaret Thatcher met briefly with President Thabo Mbeki at the presidential guest house in Pretoria on Sunday, during a private visit to South Africa, Mbeki’s office said. Thatcher, accompanied by her businessman son Mark, had tea with Mbeki in Pretoria, spokeswoman Tasneem Carrim at Mbeki’s office said. Carrim described the meeting […]

The Nigerian Football Association on Saturday again refused permission for Arsenal striker Nwankwo Kanu to play in Sunday’s FA Cup tie against Leicester at Highbury. Kanu made a personal plea to the Nigerian FA to be allowed to turn out for his club but Arsenal have now released the player for African Nations Cup duty. […]

OWN CORRESPONDENT, Johannesburg | Monday 4.30pm INVESTORS piled into South African markets on Monday, pushing equities to fresh record highs and bond yields down to levels not seen since the emerging markets crisis of 1998, as economists predict a rosy 2000. In a massive rally that swept across the market, the financial index rocketed over […]

EMMA THOMASSON, Johannesburg | Monday 4.30pm INVESTORS piled into the Johannesburg Stock Exchange on Monday, pushing equities to fresh record highs and bond yields down to levels not seen since the emerging markets crisis of 1998, as economists predicted a rosy 2000. The Johannesburg All-Share index ended up 3,58% at 8963 points after briefly breaching […]

ENIWOKE IBAGERE, Lagos | Monday 5.30pm. NIGERIA’s national soccer team captain and Turkey-based striker Daniel Amokachi will not make the final squad for the African Nations’ Cup tournament because of injury, assistant team coach Amodu Shaibu said. Shaibu said injuries and lack of form among key players had significantly weakened the side before the contest […]

OWN CORRESPONDENT, Cape Town | Monday 3.00pm. ERNIE Els found himself on the receiving end of yet another Tiger Woods PGA Tour blitz when he lost the season-opening Mercedes Championship played at Kapalua, Hawaii in a playoff on Sunday. Woods birdied the second extra hole to beat the South Arican after a riveting final-round head-to-head […]

OWN CORRESPONDENT, Windhoek | Sunday 4.00pm NAMIBIA said on Sunday that acts of banditry of the kind that killed three French children in the far northeast of the country reflect mounting Unita desperation in the face of a successful Angolan government offensive. Windhoek has given permission for Angola’s troops to launch attacks from Namibian soil, […]