BAHRAIN and Egypt are a step closer toward linking their stock exchanges following talks between officials from both markets, a newspaper said on Monday. Sameh al-Turjuman, chairman of the Cairo/Alexandria stock exchange, told the Gulf Daily News that efforts to implement a $20-billion-market capital agreement reached last September in Egypt are “encouraging.” But regulatory measures […]
THE Nigerian government has decided to review a $214,98-million oil refinery maintenance contract with the French oil company Total, a government official said on Tuesday. The official, who was not named, told reporters at the refinery at Kaduna in northern Nigeria, that the government is not happy with Total’s performance at the Kaduna Refinery and […]
SOUTH Africa’s current system of phone numbers and other communication dialling codes faces over-subscription, and will therefore undergo major transformation and expansion. The South African Telecommunications Regulatory Authority (Satra) has been charged by government with the task of working out a new system and recently published a comprehensive discussion document on the topic. According to […]
LIBYAN leader Moammar Gadaffi held talks Wednesday in Tripoli with the president of the Confederation of African Football (CAF), Issa Hayatou. After the talks, Hayatou said that Libya will soon be able to host CAF games after the lifting of the international embargo against it over the Lockerbie Affair. He arrived Sunday evening in Tripoli […]
SHELL South Africa has pledged R3800 to the Nelson Mandela Children’s fund after its Ultra City in Umtata inadvertently upped the price of petrol a day early. A technical error resulted in Wednesday’s 18 cents a litre price rise coming into effect at midnight on Monday. The mistake was rectified only eight hours later when […]
ORLANDO Pirates contnued their late-season surge with 3-0 drubbing of Bush Bucks at the FNB Stadium on Wednesday night. The Buccaneers move into third place in the Castle Premiership with the win. They have now been unbeaten in 8 outings. Pirates were 2-0 up at the break, and completely dominated the first half. They wandered […]
NTSIKI Biko, the widow of anti-apartheid activist Steve Biko, is in a stable condition at the St Dominic’s Hospital in East London after she was injured in a head-on collision on the N2 between Umtata and Idutywa in the Eastern Cape late on Saturday afternoon. A minibus taxi she was travelling in collided with another […]
INJURY-plagued Graham Thorpe and Neil Fairbrother gave World Cup hosts a boost here on Friday as both came through unscathed in a tournament warm-up game against county side Kent. Thorpe, who missed the end of the recent Ashes series with back trouble, scored 55 before chipping out to short mid-wicket. Fairbrother – whose career has […]
GOVERNMENT troops in Congo have killed dozens of hostile Ninja militiamen in fighting north of the capital, where army reinforcements have been deployed, a military source said on Monday from Brazzaville. A few civilians also died in Sunday’s fighting, which took place around the military training centre at Bilolo, 25km north of Brazzaville, and on […]
GOLD Fields, born from a merger of Gold Fields Ltd and Driefontein, made a dull debut in Johannesburg on Monday as investors held shy of bullion shares after the metal’s latest tumble. Shares in the new Gold Fields, the world’s second largest gold producer, opened at a below-expectation R24,25, feeling the weight of Friday’s news […]