SASOL, the oil from coal pioneer, said it will improve its bottom line by R300-million for every sustained increase of $1 above the $16 level in the steadily rising derived crude oil price, according to the Business Report. The paper reports the derived crude oil price is now at $19 a barrel. If the derived […]

ROOKIE professional Jean Hugo won his first tournament on Southern African soil when he claimed a two-shot victory in the Vodacom Tour’s Zimbabwe Open at the Chapman Golf Club on Sunday. The win was Hugo’s first in only five tournaments as a professional, and guarantees him an exemption on the Vodacom Tour until 2002. A […]

WORLD number one gold producer AngloGold Ltd said on Monday that it bought a substantial portion of the Bank of England’s third bullion auction and used the purchase to unwind part of its hedge. “We did bid at the auction and bought 300000 ounces. We have a large hedge and it suited our purposes to […]

OWN CORRESPONDENT, Johannesburg | Tuesday 6.00pm. SOUTH Africa recorded a R911-million trade surplus in October compared to a R1,37-billion surplus in September, the country’s customs and exise department said on Tuesday. Analysts forecast a deficit of R700-million. The cumulative surplus for the first 10 months of the year amounted to R13,09-billion compared with R966-million surplus […]

THE BOB WOOLMER COLUMN: AS South Africa and England face up to each other I bet there are some people who are asking the question, what is it really like to play Test cricket and why is there such a big difference between Test matches and the game at other levels?, writes the former national […]

THE office of Public Prosecutor, Bulelani Ngcuka, raided three properties of a 72-year-old grandmother in Johannesburg, Cape Town and Durban on Friday. The elderly woman is accused of embezzling several million rand from her employer, Mercury Engineering, over five years. The woman was in a retirement home in Simons Town in the Western Cape when […]

HEAVY fighting resumed in the northwestern Equateur Province of the Democratic Republic of Congo, a rebel spokesman said by telephone on Tuesday. “Since Monday morning there has been very heavy and bloody fighting at Bokungu where we were attacked” by the men of President Laurent Kabila and allied soldiers from Namibia, Zimbabwe and the Interahamwe […]

OWN CORRESPONDENT, Harare | Tuesday 6.00pm. SRI Lanka captain Sanath Jayasuriya snapped up four wickets in 15 balls as his team won the second test against Zimbabwe by six wickets on the fifth and final day on Tuesday. Jayasuriya’s left-arm spin polished off Zimbabwe’s second innings for 292 immediatly before lunch, the last four wickets […]