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% […]
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 […]
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 […]
SOUTH African James Kingston scored an improbable victory in the Maekyung Daks Open on Sunday after beating Myanmar’s Kyi Hla Han in a sudden-death play-off. Kingston, who also won the Thailand Open last year in extra time, holed a 12-foot birdie putt to defeat Han on the fourth play-off hole, after the diminutive Myanmar golfer […]
NEIL MANTHORP, Hove | Wednesday 1.00p m. SOUTH Africa’s top two fast bowlers, Allan Donald and Shaun Pollock, believe the World Cup will not be dominated by seam bowlers to the extent that many players have predicted — and the reason is the seam itself. Speaking after the team’s first practice session in Hove on […]
BIG landmine producers and users such as the United States, China and Russia watched from the sidelines on Tuesday as the first meeting of the signatories of the 1997 Ottawa Treaty banning the production and marketing of mines entered its second day. Mozambican ambassador to the United States Carlos dos Santos said that only 15 […]
INTERNATIONAL football federation FIFA is to put in place two multi-million dollar aid packages to help develop football in Africa, Michel Platini, special advisor to FIFA president Sepp Blatter, revealed on Friday. Platini, who is heading a FIFA delegation to West Africa, said that that the organisation is committed to giving $1-million over four years […]
THE Justice Department on Tuesday denied claims that changes to section 49 of the Criminal Procedure Act, governing force used by police when making arrests, is hampering the efficacy of police work. Department spokesperson Paul Setsetse said that the new section 49, due to come into effect in August, will in no way hamper police […]
ZAMBIAN President Frederick Chiluba is expected to meet his Angolan counterpart Jose Eduardo Dos Santos in Swaziland next week to discuss allegations of gun-running by officials in Lusaka to Angola’s Unita rebels. The persistent allegations have severely strained relations between the neighbouring southern African states. Zambian state radio announced the meeting Tuesday, quoting foreign minister […]
A NORTHERN Province community of has been offered full ownership of the 10km chunk of land they have lived on for the past 120-years — but only if they agree to ban bottle stores and respect the Evangelical Presbyterian Church. They will also have to agree never to build any other places of worship to […]