INCREASED gold output and lower production costs from Minorco operations helped AngloGold return highly satisfactory results for the first quarter of the year with headline earnings up 87% at 974 cents per share compared to 521 cents/share in the December quarter. It is the first time the Johannesburg-based group — the largest gold producer in […]
OWN CORRESPONDENT, London | Tuesday 9.00am. SOUTH Africa’s cricket team flew into London on Monday to news they were favourites to win the World Cup. But captain Hansie Cronje was cautious about the 11-4 odds quoted in London, which placed them just above Australia at 3-1. ”Our team is not going to play any better […]
LUKE BAKER, Pretoria | Tuesday 2.15pm FINANCIAL markets got a boost on Tuesday after the release of encouraging central bank reserves and money supply figures which pointed to further interest rate cuts. Gold and foreign exchange reserves grew by R800-million in April to R33,7-billion and the central bank’s outstanding forward book — the amount of […]
DARYLL Cullinan, undefeated on 68, steered the World Cup XI to a hardfought three run victory over a Rest of SA XI in Gary Kirsten’s benefit match at Newlands on Tuesday. Hansie Cronje’s men posted 208/5 in 45 overs to which Peter Kirsten’s team replied with 205/9. With the Rest needing 10 runs from the […]
OWN CORRESPONDENT, Johannesburg | Monday 11.00am. HOLDERS ASEC of Cote d’Ivoire scored two late goals to crush Al-Harrach of Algeria 4-0 in an African Champions League second-round, first-leg clash in Abidjan on Sunday. The youthful Ivorian team went ahead midway through the first half through Venance Zeze and Aruna Dindane added a second after 69 […]
DAVID LE PAGE, Johannesburg | Friday 5.00pm. THE gold index was the top performer on the Johannesburg Stock Exchange on Friday, after a sudden surge in the gold price, gaining 37 points and climbing to 1020. The financial index climbed to 34 points to 9705 while the industrial index climbed 18 points to 7480. The […]
POLICE on Thursday said the car that Kaizer Chiefs midfielder Lifa Gqosha was driving when he was arrested and shot was not stolen. The Star newspaper reports that an unnamed investigating officer confirmed Gqosha’s claim that the car belongs to him, when the battered soccer star appeared before the Protea Magistrate’s Court in Soweto on […]
OWN CORRESPONDENT, Johannesburg | Saturday 9.00pm. ORLANDO Pirates pulled off a fine 3-1 win over Desporto Maxaquene 3-1 in an African Cup Winners Cup first leg, second round at the FNB Stadium in Johannesburg on Saturday. Pirates converted more chances and made better use of the field and opportunities. It took a goal by Sam […]
JEAN-CLAUDE Ganga, one of the six International Olympic Committee (IOC) members expelled in the Salt Lake City corruption scandal, was ousted as president from the Congolese National Olympic Committee (CNOC) on Friday. CNOC president for the past 10 years, Ganga will be replaced by current vice-president Raymond Ibata. Ganga’s position as head of Africa’s association […]
CONTROVERSIAL MP Patricia de Lille has been named the Pan Africanist Congress’ choice for Western Cape premier, in the party’s “wish list” for provincial premiers, released on Sunday. Former PAC secretary-general Maxwel Nemazhivhanani has been named the premier-candidate for Northern Province, Elias Ntloedibe, a founder member of the PAC, is the premier-elect for the North-West, […]