THE Nigerian stock exchange has approved the sale of government shares in two major groups under the first stage of a privatisation programme, exchange officials said on Tuesday. The shares are in the West African Portland Cement Company (Wapco), the largest cement company in the country and the fourth largest group on the exchange, and […]

HOME Affairs Minister Mangosuthu Buthelezi’s high court attempt to access Truth and Reconciliation Commission documents accusing him and the IFP of human rights violations has been dismissed. Buthelezi has criticised the report, labelling the allegations, “preposterous, false and defamatory” and denied any involvement in human rights violations.

OPPOSITION presidential candidate Afonso Dhlakama and his Renamo party had won five of Mozambique’s 11 provinces by Wednesday to four for incumbent President Joaquim Chissano and his ruling Frelimo party. Results being announced over state radio as counting continues from the elections held earlier this month show voters repeating the pattern of the Mozambique’s first […]

CHAIRMAN of the National Convention of Arms Control Committee said on Wednesday that Armscor will no longer play a dual role in the arms industry. In terms of the White Paper on Defence Related Industries, it will act only as a procurement agency, rather than also as a vendor, which is inconsistent, according to the […]

OWN CORRESPONDENT, Johannesburg | Wednesday 3.20pm. THE former boss of one of the biggest soccer clubs was shot dead during an apparent car hijacking on Tuesday. The tragedy is also considered another blow to the nation’s hopes of hosting the 2006 World Cup. Clarence Mlokoti, 69, the founder and former chairman of Premier Soccer League […]

FRENCH hotel group Accor on Tuesday signed a $5,84-million deal with Zimbabwe’s Rainbow Tourism Group (RTG) at a ceremony sealing France’s largest single investment in the country since independence. Accor became the main shareholder in RTG, taking 35% of the group’s capital, sources involved in the deal said in Harare, where RTG owns the Sheraton, […]

NICOLE MORDANT, Pretoria | Thursday 3.15pm THE government said on Wednesday that it will lift the secrecy that characterised its arms industry during the apartheid era and plot a course for the now embattled sector. Known for its clandestine nature before the 1994 elections, SA’s arms supply and service industry will now have to become […]

ARRIVE Alive on Thursday put the death toll on South African roads since December 1 at 288. It said in a statement that the fatalities were caused in 189 accidents. The North West province reported the most deaths at 45, followed by KwaZulu-Natal with 41 and the Eastern Cape with 39. Death tolls in the […]

SOUTH African Foreign Minister Nkosazana Dlamini-Zuma will travel to Rwanda on Thursday to sign a bilateral cooperation agreement between the two governments. Agriculture Minister Thoko Didiza will be in the delegation accompanying her, ministry spokesman Vincent Hlongwane said. Dlamini-Zuma will leave Rwanda for Tanzania on Friday for the two-day Ministerial Conference on Security, Stability, Development […]

ALAN FINLAY, Johannesburg | Wednesday 4.40pm. MARKETS kept low on Wednesday ahead of the futures close out and Thursday’s public holiday. The all share traded 30 points in the red by midday, only lifting its head slightly to close 0,02% or nearly 2 points up. By late afternoon industrials had made a slight comeback, the […]