SHARES in New Africa Investments Ltd (Nail) continued to rally on Tuesday as speculators eyed its deep discount to net asset value amid persistent reports that it is poised to restructure. The leading black empowerment company was quoted 19 cents, or almost 5% higher. “Nail is sitting on a big discount to its net asset […]
OWN CORRESPONDENT, Cape Town | Tuesday 12.50pm. THE United States government has classified vigilante groups People Against Gangsterism and Drugs (Pagad) and Qibla as terrorist organisations. It linked the militant Pagad and the small revolutionary movement Qibla to 170 bombings and 18 other violent incidents in Western Cape in 1998, Die Burger newspaper reported on […]
OWN CORRESPONDENT, Johannesburg | Wednesday 2.00pm. GUINEA club Kaloum sprang the biggest surprise during a weekend of African action with a 3-0 Champions League victory over Shooting Stars of Nigeria, while Sundowns failed to impress and Pirates made good headway in the Cup Winners Cup. Mamadouba Bangoura dealt the first blow to the West African […]
OWN CORRESPONDENT, Dunedin | Tuesday 1.30pm. SOUTH Africa are favourites to win the World Cup in Wales later this year, according to All Black coach John Hart. Hart said he believed South Africa has more depth overall than New Zealand and the other teams in the tourney, reports the New Zealand Press Association. Hart said […]
THREE Mpumalanga politicians have accused the Sunday World newspaper of attempting to drum up support for embattled Premier Mathews Phosa and are suing it for R1,5-million. The politicians contend in a strongly worded letter of demand that Sunday World deliberately smeared and defamed them while attempting to boost Phosa’s campaign to remain in power. Provincial […]
STRIKE bowler Allan Donald said on Tuesday he had lost all respect for Brian Lara as a captain after West Indies’ 5-0 series loss in the republic this year. In an extract from his biography, published in The Express, Donald said West Indies had looked demoralised before the series began while Lara had lacked the […]
FOUR Zimbabwean soldiers are confirmed killed and 32 others injured in an accidental explosion at a military engineering camp in the capital Harare on Monday, an army spokesman said Tuesday. Lieutenant Colonel Ben Ncube said that of the surviving 32, several are in critical conditions with one still in intensive care. Ncube said the blast […]
ZIMBABWE’S former president Canaan Banana has been defrocked by the Methodist church because of his conviction on charges of homosexual assault, the head of the church in Zimbabwe said on Wednesday.Bishop Farai Chirisa said the church decided to strip Banana of the ministry after he was convicted in the High Court earlier this year on […]
THE Commonwealth announced on Tuesday that it has brokered a breakthrough in the political crisis on Tanzania’s semi-autonomous twin islands of Zanzibar and Pemba. Secretary-General Emeka Anyaoku said the ruling and opposition parties have agreed to a package of measures to promote human rights, democracy and political dialogue and “put the past behind them.” A […]
AN inquiry into why Trevor Tutu, the wayward son of Truth and Reconciliation Commission chairman Desmond Tutu, failed to appear in court last November to face reckless driving charges has been scheduled for May 17. Tutu, who was found guilty on a charge of reckless driving on April 19, will also be sentenced on that […]