Staff Reporter
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/ 28 November 1999

LOMU TO SIGN WITH WELLINGTON

ALL Black winger Jonah Lomu is expected to announce Wednesday that he has signed with the Wellington Rugby Union and will play for the Hurricanes in the Super 12 competition. Lomu’s signature is the biggest in international rugby and his transfer to Wellington will be a huge coup for the province. With fellow All Black […]

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/ 28 November 1999

HIGH COST OF LEAGUE TOO MUCH FOR SOME

BOTSWANA Defence Force (BDF) XI have withdrawn from next year’s African Champions League competition saying they cannot afford the high cost of participating in the tournament. The Botswana champions cited the cost of travel and payment of the travelling costs and expenses of the match officials as the reasons for their withdrawal. The Botswana Football […]

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/ 28 November 1999

CONDOMS PROMOTE PROMISCUITY: ARAP MOI

PRESIDENT Daniel arap Moi of Kenya, where AIDS kills 500 people every day, on Thursday declared the disease a national disaster, but declined to advocate condom use to fight the epidemic. Addressing the official opening of a four-day AIDS awareness symposium for legislators here on Thursday, Moi ordered the immediate setting up of a National […]

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/ 27 November 1999

DRAW FOR CASTLE CUP

THE draw for the first round of the Castle Cup Southern Africa championship have been made: Mar 4 – Zimbabwe v Lesotho Mar 18 – Zambia v Botswana Apr 1 – South Africa v Mauritius Apr 15 – Malawi v Mozambique Byes: Angola (holders), Namibia, Swaziland 26

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/ 26 November 1999

BANKING STOCK EXPECTED TO RISE

BANKING and financial services shares, which analysts say have languished in deeply oversold territory, are expected to launch a comeback next week,but the wider market is harder to call. Analysts said on Friday that the approach of the millennium date change and its attendant uncertainties, perceived to be more acute in emerging markets, would sap […]

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/ 26 November 1999

ANGLO MAKING HEADWAY IN ACACIA BID

ANGLOGOLD said on Friday that it has already been offered 24,6% of the issued capital of Australian gold miner Acacia Resources in terms of its takeover offer. “We are delighted with this positive early response from the Acacia shareholders,” AngloGold CEO Bobby Godsell said in a statement. AngloGold has offered 3,5 of its shares for […]

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/ 26 November 1999

Stanbic cautions shareholders

OWN CORRESPONDENT, Johannesburg | Friday 9.00am. STANDARD Bank Investment Corporation (Stanbic) remained defiant to a hostile takeover bid by Nedcor on Thursday, while revealing that Nedcor offered a far better deal to the bank in September last year. Stanbic CE Jacko Maree said on Thursday Nedcor suggested a swap ratio of 4,35 Stanbic shares for […]

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/ 26 November 1999

SCANIA WINS SA BUS ORDER

SWEDISH truck and bus maker Scania said on Friday it has won an order for 340 South African buses worth about $38-million. The deal between Scania’s South African subsidiary Scania South Africa and Great North Transport of South Africa was signed in a ceremony in Johannesburg as part of a Sweden-South Africa partnership week. Scania, […]

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/ 26 November 1999

SATRA PROBE COULD DELAY CELL TENDER

ONE of the bidders for the third mobile phone licence said on Wednesday it fears the announcement of the winner could be snagged by a probe into alleged corruption at telecoms watchdog the South Africa Telecommunications Regulatory Authority. Dutch-registered Mobile Systems International Cellular Investments Holdings (MSI) said the delay could hit the business plans of […]