DR WOUTER Basson, head of SA’s chemical and biological warfare programme, will be suspended from his position at the Number One Military Hospital in Pretoria, reprts the Sowetan. Following Basson’s indictment in Pretoria High Court, SANDF Chief of Staff Siphiwe Nyanda has ordered the suspension. Basson is expected to formally receive notification in the next […]
MICHAEL METELITS, Johannesburg | Tuesday 3.00pm. THE Reserve Bank reported on Tuesday that its provisional gross gold and foreign exchange reserves to the end of last month were up marginally on the February figure. In a statement issued in Pretoria, the Bank said the provisional gross gold and foreign exchange reserves amounted to R32,9-billion at […]
KWAZULU-NATAL’S ruling Inkatha Freedom Party on Tuesday voted in favour of removing the African National Congress’ Bheki Cele from the chairmanship of the provincial portfolio committee on safety and security. In a statement the IFP defended its decision saying: “In the interests of good governance and better relations between parliament (the legislature) and the executive, […]
PLATINUM futures prices fell sharply on Tuesday on the New York Mercantile Exchange amid a perception that South African production is rising and will offset a four-month delay in shipments of the metal from Russia. Platinum tumbled as the dollar strengthened against the rand. Since platinum is sold for dollars, there is an incentive to […]
STEEL and mining firm Iscor said on Wednesday that it has sold its international exploration activities to Australia’s Africawest Gold. Iscor’s gold exploration licences in Tanzania, Uganda, Kazakhstan and South Pacific will be exchanged for over 50% of the issued share capital of Africawest. In return, Iscor will receive right of first refusal on participation […]
IT took the police four attempts to record the correct version of the claims made by a woman alleging she was raped by national cricketer Makhaya Ntini, the East London Regional Court heard on Tuesday. Investigating officer Detective Sergeant Edward Ntakana said the first statement was lost when his notebook was stolen out of his […]
THE Black Empowerment Investment Consortium (BEIC) has increased its share of food and services group Fedics by purchasing another 20% from Tiger Oats, which is selling its 35% share in Fedics. Tiger got its stake in Fedics by default when it puchased ICS Holdings, and has a policy of not hanging on to minority positions […]
SOUTH Africa hauled back a feisty Irish team and overtook them 27-20 in the dying minutes to snatch third place in the World Rugby Junior Championships in Wales on Sunday. Ireland led with three penalites by centre Jeremy Staunton, before South Africa got on the score sheet with a goal from full back Conrad Jantjes. […]
PREVIOUSLY disadvantaged farmers are to receive special low-cost mortgage bond rates to help them start and maintain their farms, the Land Bank announced on Tuesday. Land Bank general manager of operations Totsie Memela said in a statement that the special interest rate will considerably reduce the interest charges emerging farmers would have to pay on […]
PRESIDENT Nelson Mandela announced on Monday he had been asked by Yugoslav President Slobodan Milosevic to intervene in the crisis in Yugoslavia, but that he had declined. “I am not keen to intervene in another issue,” Mandela told reporters in Pretoria. “It engages your full time and attention, and the problems in South Africa are […]