OWN CORRESPONDENT, Johannesburg | Monday 5.00pm. FINANCIAL groups Genbel Securities (Gensec) and Real Africa Durolink Holdings (RAD) have linked up with with Stuart Rees, founder of the South African Futures Exchange (Safex), to set up a corporate debt market in South Africa. Gensec and RAD noted the lack of a formal market in corporate and […]
FARMERS in the Western Cape will import 500000 tons of yellow maize this season for animal feed, buyers said on Tuesday. A spokesman for the Western Cape Maize Buyers Association said that it has begun importing from Argentina, and is likely to ship in more than usual due to low availability locally. The Western Cape […]
THE South African Under-21 rugby team will face Western Province Under-21 at Bellville Rugby Club on Saturday as part of their preparations for the SANZAR/UAR Under-21 Tournament in Argentina in July. The match kicks off at 4pm. The 28-strong Under-21 squad has just completed an intense week-long training camp in Cape Town. The camp included […]
THE Angolan government’s recent decision to scrap the dual currency exchange rate system has not had a major impact on the lives of ordinary people, analysts in Luanda said on Wednesday. Analysts said the move may stabilise the economy in the long run, but commodity prices remain extremely high. Over the past decade the government […]
ZIMBABWEAN Duncan Fletcher, currently coach of county side Glamorgan, was confirmed on Thursday as England’s coach for the next two years, replacing David Lloyd who resigned after the World Cup. Nasser Hussain will also replace Alec Stewart as England cricket captain for this summer’s Test series against New Zealand, it was announced. The appointment of […]
The African National Congress on Saturday night bade farewell to its retired leader and former South African president Nelson Mandela.
ALL the leading contenders for this year’s World Cup have a chance to gain a psychological edge over their rivals in three fascinating clashes between the northern and southern hemisphere nations on Saturday. In the most intensive day of top-class international rugby before the World Cup in October and November, world champions South Africa play […]
BETWEEN 120 and 130 civilians held in internment camps in Kinshasa since last year are due to arrive in the Rwandan capital Kigali on Sunday evening, a Rwandan government spokesman said. Most are Democratic Republic of Congo (DRC) citizens of Rwandan origin, but some are Rwandan nationals, Nicholas Shaalita, spokesman for Rwandan Vice President and […]
SOUTH Africa’s equity markets are among the most attractive in emerging markets, according to a poll of US-based investment managers and traders. Low prices for essentially good shares make SA’s markets a better choice than comparatively expensive Latin American stocks, according to some US funds. Recent price hikes in other emerging markets have left SA […]
MOZAMBIQUE’S public rail and port company, CFM, is soliciting neighbouring countries for the US$300-million it needs to upgrade the Sena Line, linking the country’s second port of Beira to Malawi. The 600km railway through Mozambique’s central Sofala province was heavily mined and sabotaged during the country’s 16-year civil war which ended in 1992. CFM board […]