MICHAEL METELITS, Johannesburg | Friday 5.30pm. GOOD gold and foreign exchange reserves data failed to make much of an impact on South African financial markets on Friday, although most major indices were up. The Reserve Bank released figures showing gross gold and foreign reserves figures of R35,1-billion rand at the end of June from R34,4-billion […]
AN antique ring, set with a thumbnail-sized diamond, has gone missing from a parliamentary library. The diamond ring, bequeathed to the nation in 1917 by mining magnate Sydney Mendelssohn, was displayed in a case below a portrait of the financier and diamnond magnate in a wing of the parliamentary library housing a collection of Mendelssohn’s […]
OWN CORRESPONDENT, Dunedin | Sunday 8.00pm. JONAH LOMU will rejoin the All Black squad on Monday but is unlikely to make the starting 15 for the Tri Nations Test with South Africa next Saturday. Lomu was impressive in the New Zealand A win over the ACT Brumbies in Canberra on Saturday night. But All Blacks […]
THE “National Reconciliation Council”, Niger’s ruling military body, on Wednesday adopted a draft constitution for the Fifth Republic. It states that Niger will in future be ruled by “a president elected under universal suffrage who will be politically responsible except in cases of high treason.” The president will appoint the prime minister, cabinet ministers and […]
OWN CORRESPONDENT, Durban | Saturday 6.00pm. ARGENTINE-BRED El Picha, under jockey Robbie Hill, swept up on the outside to win Saturday’s Durban July. The 12-1 gelding is owned by former trainer Terrence Millard, six times a July winner, and trained by his son-in-law Jeff Woodruff. This was Woodruff’s first July victory. Favourite to win at […]
TELKOM reported a drop in attributable earnings and share prices, and an increase in operating costs, on Thursday. Its attributable income for the year ended March was R2,3-billion, R0,2-billion less than the previous year. Dividends per share are at 59,5c from 98,1c per share last year. There has been a sharp increase in net operating […]
GHANA, whose biggest export is cocoa, on Thursday denounced a proposed European Union directive that would allow chocolate makers to put less cocoa butter in their products and still call it chocolate. The text, once adopted, would allow chocolate with added vegetable fats. The fats would replace cocoa butter up to a limit of 5% […]
OWN CORRESPONDENT, Johannesburg | Friday 3.15pm. BANGLADESH will choose a new national cricket coach from either South Africa or Australia following the controversial departure of West Indian Gordon Greenidge, reports said on Friday. “We are expecting the new coach either from South Africa or Australia,” Bangladesh Cricket Board (BCB) president Saber Hossain Chowdhury was quoted […]
THE South African Local Government Association on Tuesday suspended its financial manager Carol Mpapele following his arrest on Monday on corruption charges. Mpapele briefly appeared in the Pretoria Magistrate’s Court on Monday afternoon after he allegedly received a bribe from an IT company that was contracted to install network cables at Salga’s new offices in […]
OWN CORRESPONDENT, Durban | Sunday 7.00pm. TRADE and Industry Minister Alec Erwin said on Sunday negotiations to create a regional free trade deal in Southern Africa are progressing but cautioned that difficulties still lay ahead. Erwin addressed the ninth annual Southern African economic summit in Durban this weekend following a meeting with Zimbabwean trade minister […]