LANCE Klusener, who took South Africa within a run of the World Cup final and received four man of the match awards, was named the player of the tournament on Sunday. The soft-spoken Natalian was asked to stay behind to watch the final, won by Australia, when his team-mates returned. Klusener finished as the top […]
OWN CORRESPONDENT and Reuters, Cologne | Sunday 12noon THE Group of Seven (G7) industrial nations on Friday adopted a sweeping $71-billion debt relief package for the world’s poorest nations. Leaders said they were effectively writing off one-third of the poorest countries’ total debt, estimated at $230-billion.”We support faster, deeper and broader debt relief for the […]
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 […]
MANAGEMENT and unions at Anglo-Dutch oil group Shell in Nigeria are meeting for the second time in two days on Thursday in a bid to end a four-day-old pay strike, company officials said. A Shell official said that Shell offices in Lagos, Warri and Port Harcourt were shut by the strike which, if it is […]
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 […]
Former president Nelson Mandela flew to Mocambique on Thursday morning to fulfil a last engagement before beginning a well-deserved holiday in the west African country of Gabon.
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 […]
STRONG profits and sales gains reported on Thursday by Swiss luxury goods and tobacco group Richemont confirmed a rebound in key Asian markets and helped lift luxury goods stocks in early trading across Europe. Richemont posted a 19,6% gain in attributable profit for the year ended March 31, driven largely by higher earnings in its […]
NOT suprsingly Lance Klusener topped the batting averages at the 1999 cricket World Cup. The player of the tournament played eight innings in nine matches, and was not out in six of them. With a run total of 281 — including a two unbeatedn 50s and the highest tally of sixes — he finished with […]
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 […]