WEDNESDAY, 3.30PM: SOUTH Africa is to be the only African member of a new grouping of nations — the G-22 — established in the United States last week, according to Finance Minister Trevor Manuel. The grouping, established by the US Federal Reserve, consists of the G-10 (most powerful economies) and 12 other economically important countries. […]
THE South African Broadcasting Corporation on Wednesday said it will not be re-hiring Special Assignment presenter Max du Preez despite the public support the renowned journalist enjoys, and a possibility of legal action against the corporation. TV news head Phil Molefe told du Preez on Wednesday that the decision to drop his contract remains unchanged. […]
ANGLO American Platinum Corp (Amplats) said late on Wednesday that strike action at its Rustenburg and Union sections will have no immediate impact on its output. Amplats, the world’s biggest platinum producer, said some 18000 workers were affected by the strike action at the two operations which account for some 40% of the company’s platinum […]
THE Swaziland Electricity Board plans to cut ties with South African power supplier Eskom once the 400kv power line to Mozambique is complete. SEB has been importing additional electric power from ESCOM The Swaziland Environmental Authority Action Plan revealed that SEB is making arrangements to purchase electric power from Mozambique because hydro-power prices are lower […]
THE Nigerian government is preparing to dismiss tens of thousands of “dead wood” civil servants before it hands over to the incoming civilian regimes, a senior minister said on Wednesday. “There are plans for a clearout of the dead wood. We cannot afford to keep people on who do not work and cannot hand on […]
THE Health Department said on Thursday that there is no proof that the drug AZT could prevent the transmission of HIV to rape victims. The department said in a statement it has done an extensive survey of all published scientific data on the relationship between rape, HIV, and AZT. “We have not come across a […]
SABC TV news on Wednesday night reported that one of the suspects beaten by police in January, in front of BBC cameras, later died in hospital. The cause of his death has not yet been determined, but the incident is being investigated by the Independent Complaints Directorate.
UGANDAN women’s groups are protesting the proposed mock-marriage of a 13-year-old schoolgirl to the 40-year-old king of the Baganda, Ronald Mutebi, which may force her to remain a virgin for the rest of her life.The mock-wedding with the kabaka is a prelude to his real marriage later this year to Sylvia Nagginda Luswata, a US-resident […]
SHARES in integrated metals and minerals group Iscor sagged more than 6% on Tuesday on a bout of profit-taking after the share’s recent commodity cycle inspired rally. By 11.00amIscor stocks were down 15 cents or 6,67% to 210 cents, trading 2,7-million shares. Iscor shares have gained more than 78% since February 15 when it scrapped […]
THIRTEEN South African fishermen were presumed drowned off the country’s Eastern Cape coast on Tuesday after rescue services called off a two-day air and sea search for their sunken trawler. During the intensive search, the bodies of three of the 16 crew were fished out of the rough seas Monday off the small port of […]