MICHAEL METELITS, Johannesburg | Wednesday 3.00pm. MANNING RANGERS’ coach Gordon Igesund, himself the subject of speculation about switching teams, has put 12 Rangers players on the transfer list, saying he wants to change the Durban-based club’s style next season. Igesund will not name the players on the list, although in consultation with the club’s directors […]
SAMUEL Matsoso of Goldfields Striders ran to a resounding victory in the annual Bloem ultra-marathon in Bloemfontein on Saturday. Matsoso clocked four hours, five minutes 26 seconds for the 64km run in ideal weather conditions. Veteran Buti Mochesane (Bloem Achilles), who finished second in 4:21:12, was 15:46 behind the winner. Isaac Moreki (Alberton) filled third […]
WEDNESDAY, 12.30PM: BARELY a week after New Africa Investments Limited withdrew its bid for Johnnies Industrial Corporation, fast-moving media group Primedia has reportedly approached Johnnic management with a possible deal. Business Day reports that Primedia chief executive officer William Kirsh has approached Johnnic’s major shareholder, the National Empowerment Consortium, to invite it to discuss a […]
THERE are now four bidders for South Africa’s third cellular network licence with the bid of Khoroni Telecommunications Consortium, made up of smaller newcomers to the industry. The bid is sketchy, lacking discussions of which technologies it will use, no hint of competitive strategy, and not naming any technology partners. Khoroni is led by SA […]
WEDNESDAY, 12.30PM: BLACK-owned telecoms group Vula Communications, currently bidding for South Africa’s third cellular licence, on Tuesday announced it has bought a 12% stake in global satellite communications system Mobile Communications Holdings. Vula’s R170-million share places it alongside Boeing as an equity partner in the the $1,4-billion company, and positions it as the first South […]
ANDRIES Rabalao continues his build up for the Avis marathon in two weeks time with a convincing win in the Steers half marathon in Krugersdorp on Sunday in 67:34. He, Israel Moneng and James Mokoele dictated the pace up front for most of the race but with 2km to go the burly Gold Fields security […]
NEW Africa Investments Limited chairman Dr Ntatho Motlana and executive director Jonty Sandler have quit the black empowerment giant, following weeks of speculation and anger over a proposed bonus scheme. Motlana, Nail’s founder, and Sandler have also quit all their positions on the boards of Nail subsidiaries. The group is currently worth over R10-billion in […]
KENYA’S posts and telecommunications monopoly is to be split in June to facilitate liberalisation and privatisation of the country’s telecommunications and postal sector, officials said on Tuesday. A communications commission has already been established to oversee privatisation of the state-owned Kenya Posts and Telecommunications Corporation ). The Communications Commission of Kenya is expected to license […]
THE Tsogo Sun group withdrew its application against KwaZulu-Natal premier Lionel Mtshali regarding casino licences in Durban. The group will pay all court costs. No reason was given for the withdrawal. The move comes while opposition parties in the province are complaining about the Inkatha Freedom Party’s Gambling Amendment Bill and what the call the […]
MICHAEL METELITS, Johannesburg | Wednesday 6.00pm. WEAK international markets and profit-taking brought the Johannesburg Stock Exchange to its knees on Wednesday, as most major indices closed down over 1% and bonds and the rand slipped. Dealers blamed a mixture of unwinding long equity positions to reap profits and generalised caution in the markets for the […]