DE BEERS Consolidated Mines Limited announced on Monday it is to acquire a 21,3% stake in Anglovaal Mining Limited for a total cash consideration of R745,5-million. The deal will be carried out as a block trade through the market, at a price of R35,00 per share. De Beers said it has no intention of increasing […]
THE appeal of former president PW Botha (83) against his conviction for ignoring a Truth and Reconciliation Commission subpoena is to be heard in the Cape High Court on Friday. Botha was convicted last August for ignoring a summons to testify to the commission, thereby contravening the Promotion of National Unity and Reconciliation Act. If […]
THE Zambian government has given prison facilities for Rwandans convicted of the country’s 1994 genocide. Frederick Chiluba’s administration is about to sign a pact with the International Criminal Tribunal for Rwanda for the cells, the Times of Zambia reported. The paper said United Nations court, based in Arusha, northern Tanzania, is negotiating same facilities with […]
MORE African footballers could be playing in the English Premier League next season following the British government’s plans to relax work permit rules next month. This means the top English teams will be able tap young and talented African footballers before they are snapped up by teams in Italy, France, Belgium and Holland. There will […]
THE Malawi Electoral Commission (EC) says the country’s second multiparty general elections will now be held on June 15, the third postponement from the original election date of May 17. The EC decided on the new date following recommendations by an Extraordinary Session of Parliament held last week.
MPUMALANGA’S chambers of commerce are protesting against three toll gates erected along the 400-km highway between Witbank and Komatipoort. Two of the gates have already been opened at the towns of Middelburg and Machadodorp, costing motorists an additional R20 and R30 respectively. “A round trip Nelspruit to Gauteng will now cost the ordinary motorist R100,” […]
INKATHA Freedom Party leader Mangosotho Buthelezi signed an election pact with a group claiming to represent over 10-million unemployed South Africans at a rally in Durban on Monday night. Buthelezi signed a “Social Covenant” with the Unemployed Silent Majority Organisation (USMO) in which he pledged the IFP’s support to South Africa’s unemployed. USMO, which claims […]
SIERRA Leone’s government has expressed opposition to a rebel proposal for a four-year transition coalition, ahead of a round of peace talks on Wednesday between belligerents in the Togolese capital. The government said it “lacked the [constitutional] power” to set up a transitional authority. A call for such a regime is the key proposal made […]
UNEMPLOYMENT will be tackled by the incoming African National Congress, said President Nelson Mandela while campaigning in Sebokeng on Tuesday. Mandela promised that “A major national offensive will be launched against the scourge of unemployment and poverty,” and said “measures to combat unemployment are already in place.” Recognising that unemployment is at a 16-year low, […]
A BRITISH police chief was critically injured when his car rolled several times near Oshoek on the border between Mpumalanga and Swaziland on Monday, police said on Tuesday. Police spokesperson Inspector Sibongile Nkosi said Chief Superintendent George Balchin, 49, of the London City police appeared to have fallen asleep at the wheel of his Land […]