PENTOW Marine’s salvage tug John Ross left Cape Town harbour late on Thursday for the Port Elizabeth area in an attempt to tow a disabled 31000 ton chemical tanker. The Gina, carrying 28000 tons of vegetable oil, suffered major rudder failure on a voyage from Argentina to Durban and requires urgent assistance. According to salvors […]
THE Gauteng government on Thursday introduced a smart card system for commuters to use to pay taxi fares, ushering in a new phase of cashless commuting, SABC radio news reported on Thursday. Provincial transport MEC Joyce Kgoali said the new system will be introduced over the next two to three months. The smart cards will […]
FEARS that new Reserve Bank Governor Tito Mboweni will adopt populist policies are fading, Old Mutual Asset Management head of economic research Rian le Roux said on Thursday. “Financial markets are taking the view that little change is likely given the realities of the economic situation. This is reflected in the stable bond and currency […]
THE Canterbury Crusaders came back from a 31-6 deficit after 30 minutes on Sunday to beat South Africa’s Golden Cats 58-38 in a 12-try Super 12 slugfest. Both teams treated the packed Trafalgar Park, Nelson, crowd to entertaining rugby. The Cats scored four of their five tries within 30 minutes with center Conrad Stoltz, who […]
FORMER United Democratic Movement (UDM) leader in the Western Cape Johan Slabbert on Friday announced he has joined the African Christian Democratic Party. He resigned from the UDM for what he thought was the best political solution for the country and the province. He realised that the basic problem is that of relationships. “If you […]
PETRONAS’ plans to ship crude oil from its fields in the Sudan to an affiliated Engen refinery in Durban have been slated by industry ananlysts. While concurring that the new fields will produce about 150000 barrels per day, observers suggest that ongoing unrest in the Sudan will make transport difficult. The Sudan is landlocked, an […]
THE parents of a Zimbabwean airforce officer killed in the Democratic Republic of Congo are outraged that they were given only his kneecap for burial, a newspaper reported on Friday. The Independent quoted the father as saying that he was given a saucer containing what looked like part of a kneecap and told this was […]
FORMER President FW de Klerk has refused to address election rallies in support of the flagging party at whose helm he won a Nobel Peace Prize in 1993. Marthinus van Schalkwyk, head of the New National Party, told reporters on Wednesday that De Klerk, who quit politics unexpectedly in 1997, would make only low-key appearances […]
LIQUIDATIONS rose by a signficant 64,3% and insolvencies by nearly 33% in the first quarter of this year, compared with the same period last year, according to figures released on Thursday by Statistics South Africa. The number of liquidations for companies and close corporations rose in the first quarter from 649 to 1066. Compulsory liquidations […]
OWN CORRESPONDENT, Harare | Friday 12.15pm THE Zimbabwe government has abandoned the sale of Hwange power station to Malaysia’s YTL and is currently renegotiating the deal to woo the support of international financiers. The government has already communicated its decision to the International Monetary Fund and its sister institution, the World Bank. It forms part […]