DENIS BARNETT, Durban | Monday 1.00pm THE United States government’s Overseas Private Investment Corporation on Monday announced a $350-million fund for infrastructural development in sub-Saharan Africa. “We hope this will launch in this part of the world a tremendous infrastructure-building that will further attract foreign direct investment,” OPIC chief executive George Munoz told a press […]
AN unidentified Norwegian, employed by a South African mining group, booked into a luxury Pretoria hotel on Saturday, where he was killed in a massive bomb blast that completely gutted the room. Police say the 41-year-old man left notes for his family at his Pretoria home, hinting that the cause may have been suicide. The […]
OWN CORRESPONDENT, Glasgow | Monday 1.00pm. NAMIBIAN international Quinton Jacobs says he will keep his word to join lowly Partick Thistle, despite interest in the midfielder from Dutch giants Ajax and Belgian outfit Anderlecht. Jacobs, 20, is set for a debut in the Scottish League Cup tie against Alloa after refusing to go back on […]
THE head of the military junta on Grande Comore and the leader of the separatists on the island of Anjouan pledged on Saturday to work together for peace.
SOUTH Africa and Australia on Thursday signed an agreement to avoid double taxation between the two countries, the Australian High Commission said. “The agreement prevents double taxation by allocating taxing rights between Australia and South Africa in respect of all forms of income flows between the two countries,” it said in a statement. This Is […]
THE Johannesburg Stock Exchange said that that four companies face suspension of their listings because they have not submitted financial statements within six months of their financial year ends. The companies are Karos Hotels Ltd, Marlin Corp Ltd, Marlin Holdings Ltd and Mhangura Copper Mines Ltd. The companies have until July 31 this year to […]
OWN CORRESPONDENT, Canberra | Monday 2.00pm. NEW Zealand rugby officials may consider using minders to keep leading players out of trouble following a weekend nightclub incident in the Australian capital Canberra. New Zealand A team management on Monday confirmed three players — All Blacks Craig Innes, Carlos Spencer and Walter Little — were held briefly […]
FIVE thousand miners from ERPM gold mine on the East Rand are to be retrenched with immediate effect, SABC news reported on Monday. This follows government’s refusal to assist the mine with bridging finance of R18-million, the broadcaster said. ERPM has been in serious financial crisis since 1990 but the government has spent R450-million in […]
SOUTHERN Africa has the world’s fastest accelerating Aids rate and is confronting debilitating human and economic devastation with 10% of its workforce infected, the Southern African Economic Summit in Durban heard on Sunday. Martin Harvey, head of a Zimbabwean insurance company, told delegates Zimbabwe had lost one million people to Aids in six years. In […]
THE Johannesburg Stock Exchange announced on the weekend that it is extending the deadline for the introduction of the pilot phase of its new electronic settlement system, Strate, to the end of the third quarter of this year. The JSE said the extension will not impact on the Y2K projects of the JSE, or anyone […]