THE SHUFFLE at the top of New Africa Investments ltd (Nail) may put fresh life into negotiations between Nail and the Caxton publishing group for the purchase of Johnnic’s 43% stake in Caxton. Johnnic gave Nail a three-month option to purchase its stake in Caxton in early March as part of a deal to get […]
WEDNESDAY, 3.00PM: THE National Association of Automobile Manafacturers of South Africa said on Tuesday that the Easter long weekend led to a decline in the vehicle sales compared to the corresponding month last year. Figures released by Naamsa showed that new car sales dropped last month by 14,7%, or 2827 units, to 16405 units, against […]
THE South African Football Association (Safa) will hold a meeting to plan for the future of women’s soccer in South Africa after Banyana Banyana’s crash and burn in Nigeria last October. Safa GM Dennis Mumble says the meeting will focus on skill-building to provide a foundation for women’s soccer into the next millenium. International guests, […]
THE National Medical Alliance has affiliated to the South African Medical Association after nearly five years of negotiations, SAMA announced on Tuesday. The NMA, representing the SA Medical and Dental Practitioners, Society of Dispensing Family Practitioners, Family Practioners’ Association, Dispensing Family Practitioners Association, and the Eastern Cape Medical Guild, took up seats on SAMA’s board […]
THE International Monetary Fund and Ghana on Monday signed a $209-million dollar-year loan program, with a first tranche of $30-million available immediately, the Fund said. The 1999-2001 program aims to reach economic growth of 6% from 5,6% in 1998, and to beat down inflation to 5% by 2001 from 19,3% last year, the Fund said […]
PAUL RICHARDSON, Johannesburg | Thursday 4.00pm. SOUTH Africa will post higher growth this year as interest rates fall with inflation, the rand declines more gently than last year and the country’s balance of payments improves, according to a survey of economists. A quarterly poll of 23 analysts showed the economy, which grew by just 0,1% […]
THE Auckland Blues appear close to self-destruction ahead of their match with the neutered Northern Bulls. Coach Jed Rowlands denies that his players are rebelling against his tactics and leadership, but reports from New Zealand indicate otherwise. The Herald reported that players met in secret for the third time on Sunday, and called in team […]
OLD MUTUAL may have bought the 8,1% stake in pharmaceutical group Adcock Ingram sold by Johnnic last week. Industry analysts believe the financial services giant may plan to sell the stake to Tiger Oats. Reports emerged that Johnnic sold its stake in Adcock to “an unidentified financial institution”. Old Mutual may have become involved in […]
STERN John, the US-based striker for Trinidad and Tobago, will be the man to watch as Bafana Bafana face the Caribbean nation in a friendly on Thursday. The massive forward showed frightening speed in practice sessions, and in combination with Derek King and Nigel Pierre will make life difficult for Brian Baloyi. Dwight Yorke and […]
NIGERIA’S highest ruling body has approved a new constitution ahead of the May 29 handover to an elected civilian president, a member of the body said late on Tuesday.Major General Abdul Sarki Muktar told reporters in Abuja that the new document was approved by the Provisional Ruling Council after two days of deliberations.The constitution, which […]