THE Pretoria High Court on Thursday outlawed statutory ceilings on interest rates set by microlenders. The Business Day reports that the court also ruled that microlenders will not be allowed to retain lenders’ bank cards and PIN codes as security for debts. The court heard on Thursday that some mircolenders have been charging as much […]

MORE than 5000 people demonstrated in Kigali on Monday against the release by the UN war crimes tribunal on procedural grounds of a top former official accused of genocide. The demonstrators, responding to a call by associations of genocide survivors, accused the International Criminal Tribunal for Rwanda (ICTR) of “laxity” in ordering the release of […]

ANDREW MUCHINERIPI, Johannesburg | Monday 3.00pm. THE times they are a changing … Kaizer Chiefs failed to score in two Castle Premiership matches last week and find themselves seven points behind leaders Sundowns despite having played two matches more. It would never have happened in the success-filled days of the early 1990s when the legendary […]

SHARES in poultry company Rainbow Chicken fell sharply on Thursday after it announced poor interim results and said that it does not expect a return to profit for the full year. The broiler chicken company on Wednesday posted a 17 cents headline loss per share for the six months to September 30 compared to the […]

PRESIDENT Thabo Mbeki on Monday called on Sudanese President Omar al-Beshir to travel to South Africa for talks with his Ugandan counterpart even though he is ill. A spokesman for Mbeki said the president had arranged for Beshir and Ugandan President Yoweri Museveni to meet on Tuesday. Museveni has been in the country since Friday […]

EGYPTOLOGISTS have found limestone inscriptions they describe as the earliest known examples of the use of an alphabet, one which takes a step from hieroglyphics toward a Semitic language like Arabic or Hebrew. John Coleman Darnell, an Egyptologist at Yale University, and his wife Deborah, a doctoral student, discovered the inscriptions on cliffs west of […]

EGYPTOLOGISTS have found limestone inscriptions they describe as the earliest known examples of the use of an alphabet, one which takes a step from hieroglyphics toward a Semitic language like Arabic or Hebrew. John Coleman Darnell, an Egyptologist at Yale University, and his wife Deborah, a doctoral student, discovered the inscriptions on cliffs west of […]

INTERNET service provider M-Web Holdings Limited announced on Sunday that its revenue for the six months to September 30 grew by over 130% to R92-million. A combination of agressive marketing and its growing internet branding saw after-tax losses fall from R189-million in its year-end to March, to R133-million for the six months to September. The […]

GOLD moved towards $300 an ounce on Thursday in Europe, with dealers predicting prices could reach this level by Friday. The $300 level is the strike price for a large number of call options. Platinum and palladium continued to move higher driven by ongoing supply concerns from Russia a major producer of both precious metals […]

CELLPHONE network Vodacom on Sunday announced it is slashing the tariffs of its pre-paid package, Vodago, by almost half for calls made between 8pm and 7am — with immediate effect. “Some 1,1-million active Vodago users stand to benefit from the longest pre-paid off-peak hours in South Africa,” said Vodacom’s managing director Andrew Mthembu. The Vodago […]