Staff Reporter
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/ 1 December 1999

GOLDING RESIGNS FROM MIC

MARCEL Golding, acting CEO of Midi Television, parent company of e-tv, stepped down from the board of Mineworkers Investment Company (MIC) last week, e-tv spokesperson Kanthan Pillay said on Monday. Pillay said Golding was asked to resign at a board meeting early last week. He said he could not give details on the matter.

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/ 1 December 1999

NELSPRUIT GETS TOUGH WITH RATES DEFAULTERS

MPUMALANGA’S capital, Nelspruit, has frozen all new development projects until rates defaulters pay it the R41-million owned for basic services such as water and electricity. Nelspruit city treasurer Nantes Kruger said the council will also cut electricity to anyone owing it money before Christmas and will hand over all outstanding accounts to attorneys for prosecution. […]

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/ 1 December 1999

ENERGY AFRICA BULLISH ABOUT PROSPECTS

SOUTH African oil and gas firm Energy Africa said on Wednesday it is well positioned to ride out volatility in oil prices in the medium term by exploiting its growing exploration portfolio across Africa. The group earlier reported turnover for the 13 months to September 30 of R430,9-million compared to R340,2-million in the 12 months […]

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/ 1 December 1999

Mugabe defends Aids levy

OWN CORRESPONDENT, Harare | Wednesday 8.15pm. ZIMBABWE’s President Robert Mugabe on Thursday marked World Aids Day by defending the country’s proposed Aids levy, which has provoked a public outcry since it was announced in October. The country said it would introduce a new tax in January to be levied at three percent of individual income […]

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/ 1 December 1999

CONGO RIVER FLOODS LEAVE THOUSANDS HOMELESS

CENTRAL Africa’s Congo River, fed by unusually heavy rains, has burst its banks, flooding the Demcoratic Republic of the Congo’s capital of Kinshasa and making 10000 people homeless, government officials said. Health Minister Mashako Mamba told a news conference that 15 of Kinshasa’s 24 districts have been hit by the floods, which started on Monday. […]

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/ 1 December 1999

MOZAMBICANS SET TO RE-ELECT CHISSANO

MOZAMBICANS look set to re-elect President Joaquim Chissano at weekend elections, but he could lose the parliamentary majority that has helped him jump start the economy after a 16-year civil war. Although opinion polls are hard to come by, local political analysts see the 60-year old Chissano as a clear favourite to win the presidency, […]

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/ 1 December 1999

CARS SALES BOOST EXPORTS

MOTOR vehicle exports helped push total exports in October to a record high of R14,946-billion, according to an analyst quoted in The Star on Wednesday. Trade figures released by the South African Revenue Service Tuesday showed exports in October were 8,3% higher than in September. The advance was due mainly to a R688,6-billion in the […]

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/ 1 December 1999

More ‘prank’ bomb threats in Cape Town

SARAH BULLEN, Cape Town | Wednesday 10.30am CAPE Town on Wednesday is still feeling the after shock of the St Elmo’s bomb blast after two of its larger hotels received bomb threats on Tuesday night. No bombs, however, were found. The pipe bomb blast that destroyed St Elmo’s, a popular pizzeria in Camps Bay, injured […]

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/ 1 December 1999

ANGOLA LAUNCHES NEW CURRENCY

THE Angolan Central Bank launched a new currency, the kwanza, on Wednesday as part of a monetary reform program to simplify small transactions. “If you want to buy something small, you have to use large packets of readjusted kwanzas,” Aguinaldo Jaime, the central bank governor, said. “That is something we want to correct.” Indeed, the […]

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/ 1 December 1999

MBEKI REFERS SABC BOARD TO CABINET

PRESIDENT Thabo Mbeki on Tuesday referred the appointment of a new 12-member board for the SABC to Cabinet on Tuesday instead of mooting the choice, fuelling fuelling speculation that he is not satisfied with the candidates. The National Assembly’s communications committee’s recommendations were adopted by all parties in Parliament, except the Democratic Party, which raised […]