GHANA have withdrawn from the race to host the 2006 World Cup tournament, a top South African football official said on Monday. South Africa World Cup bid chief executive Danny Jordaan said from Denmark he was informed that Ghana had quit while attending the world youth championships, which ended on Saturday in Nigeria. Jordaan is […]
GHANAIANS on Tuesday celebrated the enthronement of their new Ashanti king, who was officially proclaimed the new occupant of the sacred Golden Stool on Monday night in Kumasi.In a private ceremony that began at midnight, 48-year-old Nana Kwaku Dua underwent final rites to become the 16th occupant of the Stool, believed to have fallen from […]
SARAH BULLEN, Cape Town | Wednesday 3.00pm PRODUCER inflation, as measured by the change in the Producer Price Index (PPI), rose an annualised 5,5% in March, up from February’s rise of 5,0%, Statistics South Africa said on Wednesday. From February to March PPI increased by 0,3%, while the seasonally adjusted index increased by 0,9%. The […]
THE Lagos Stock Exchange has begun computerised trading on an automated trading system, ending 37 years of floor trading, officials at the exchange said on Wednesday. The introduction of computerised trading Tuesday is expected to boost trading volume on the market, which has grown sharply in recent years.
KAGISO Media has bought the Rand Easter Show, Saitex and Auto Africa, according to a group announcement made on Monday. A new subsidiary called Kagiso Exhibitions will become the holder of these companies. The National Exhibition Centre (Nasrec) cost R44,25-million and the issue of shares worth R2,3-million. Most of the purchase price was attributed to […]
ABDELAZIZ Bouteflika was sworn in as Algeria’s new president on Tuesday. Bouteflika (62) won a presidential election on April 15 in which he stood as a sole candidate — and the one favored by the military establishment — following the withdrawal of six others on allegations of fraud. The circumstances of Bouteflika’s election drew expressions […]
President Nelson Mandela arrived in Moscow.
MONDAY, 12.00NOON: ORLANDO Pirates came up against mean defence in their Premier Soccer League match against relegation-threatened African Wanderers, being held to a goalless draw at Kings Park Soccer stadium on Sunday. Pirates were in almost total control through the tense first-half, but had nothing to show for it at the break. Pirates should have […]
RESCUERS were still searching on Tuesday for the two missing miners trapped underground for five days after an earthquake in Welkom in the Free State on Friday. Matjhabeng mine Spokeswoman Pam Mongoato said there was still no sign of Lawrence Molise Tsolo, 40, and John Befile Delekile, 53. “We will, however, not give up until […]
ANGLOGOLD said on Friday that an earthquake has halted operations at its Matjhabeng mine in the Free State province but most of the workforce had been accounted for. The earthquake, measuring 4,2 on the Richter scale, hit the South African gold mining town of Welkom in the early hours on Friday causing damage to buildings […]