A JAPANESE businessman on Saturday escaped from kidnappers who had demanded $50000 for his release, police in Durban said. Police said in a statement that Kensuke Matsumoto (67) ran into a Japanese restaurant in a beachfront hotel about 1.30pm on Saturday. “Mr Matsumoto … does not appear to have been seriously injured,” police said. Police […]
ANGLOVAAL Mining announced on Friday that it is increasing its stake in Avgold by 15% to 60%. Avmin said following various corporate deals during the past 18 months its interest in Avgold has diluted from a holding of 50,2% to 45%. ”As Avmin regards its gold investment as core business area, the board of directors […]
ZIMBABWE’S army has been deployed in the western Matabeleland province to forestall violent protests by villages angered by the slow pace of land redistribution. The Daily News reported that tension has been rising over the re-allocation of land from several farms acquired by government from whites to resettle landless blacks. More than 1000 villagers have […]
INTERNET-based media company Moneyweb had a successful listing on the JSE’s Development Capital board on Thursday. The share opened at 180 cents (issue price 100 cents), reached a high of 208 cents and a low of 168 cents. A total of 10-million ordinary shares were issued of which 1,5-million were allocated to Moneyweb subscribers. The […]
DEON POTGIETER, Johannesburg | Sunday 3.00pm. MZUKISI Sikali lost his World Boxing Union junior bantamweight world title on a split decision in Italy on Saturday night. “Sikali practically killed their guy,” said Michau Hazleman, Sikali’s manager. “One of the judges gave the fight to Sikali by eight points and the other two gave it to […]
A UNITED STATES-based technology research firm ranks South Africa’s cellular phone service as amongst the world’s most expensive, along with Brazil, Colombia, India and Mexico. The Yankee Group’s finding is based on a comparison of purchasing power, or how expensive cellular service is compared to other standard goods and services in any particular country, rather […]
A GIANT portrait of an Egyptian Islamic militant executed for the 1981 assassination of president Anwar Sadat will be unveiled in the Iranian capital on Friday. The picture of the “great al-Islambuli martyr” — Khaled al-Islambuli — is being painted by fundamentalists in a residential street named after the assassin by Iranian authorities angry over […]
A STUDENT at Yaounde University in Cameroon has isolated an active substance, drawn from a tree native to Cameroon, that may be effective against Aids, the university said in a statement on Saturday.”The solution to problems provoked by Aids may come from Yaounde University,” rector Jacques Fame Ndongo said, adding that the substance apparently prevents […]
A DIESEL shortage in the Zambian capital Lusaka has worsened, forcing some motorists to spend nights at filling stations while some bus operators have had to reschedule their departure times. A check around Lusaka on Wednesday found most filling stations only selling a maximum of 100 litres for any vehicle, litres which bus operators felt […]
AN overloaded boat which sank two weeks ago on Ghana’s Lake Volta, where more than 60 people drowned, was not authorised or equipped to carry passengers, marine officials said on Friday. In a government-commissioned report by Ghana’s Marine Surveyors, an investigation concluded that the boat carrying an estimated 90 people was neither certified, licensed or […]