AUSTRIAN journalist Peter Cvetko was shot dead after his car broke down in Houghton Drive, Johannesburg on Wednesday morning. Cvetko (39) was a temporary resident in South Africa. Police spokesperson Inspector Mark Reynolds said he was on his way home from visiting friends in Hillbrow when the car broke down. He called the Automobile Association […]
AUSTRIAN journalist Peter Cvetko was shot dead after his car broke down in Houghton Drive, Johannesburg on Wednesday morning. Cvetko (39) was a temporary resident in South Africa. Police spokesperson Inspector Mark Reynolds said he was on his way home from visiting friends in Hillbrow when the car broke down. He called the Automobile Association […]
IMPALA Platinum Holdings has taken a 15% stake in Aquarius Platinum, the Australian firm said on Thursday. “Aquarius will use the funds to boost working capital for a major push to develop its 100% held Marikana Platinum Project near Rustenburg in South Africa,” Aquarius said. Aquarius will raise A$1,86-million through the share placement, which is […]
JUDGE Willem Heath’s anti-corruption unit has issued a subpoena to Absa for documents regarding the R1,1-billion Reserve Bank lifeboat to the Bankorp Group. Heath is probing the rescue package, and needs Absa’s documentation to complete its investigation. Gerhard Visagie, senior legal representative of the Heath unit, said Absa has not responded to the subpoena, but […]
WESTERN Cape political leaders on Wednesday signed a peace pledge committing their parties to a path of non-violence ahead of the general elections scheduled for May. This comes after five political leaders — four members of the United Democratic Movement and an African National Congress councillor — were murdered last week in Nyanga and KTC […]
A LIBYAN Airlines plane carrying 125 pilgrims for the hajj to Mecca left Tripoli on Thursday for Saudi Arabia, once again in violation of a United Nation flight embargo. The aircraft, dubbed the “Plane of Defiance” by the Libyan authorities, took off from Tripoli airport.Libya has been under UN sanctions since 1992 for its refusal […]
CHILD pornography, particularly on the Internet, is a booming industry, an international conference against the sexual exploitation of children in Cape Town heard on Wednesday. ”There are laws against it in all countries but it is still there. A lot must be done to make the laws work,” campaigner Christa Dammerman from the Terre des […]
MOZAMBICAN President Joaquim Chissano confirmed on Wednesday that his government will introduce a Value Added Tax (VAT) on the scheduled date of April 1, despite pleas for a nine-month postponement from virtually the entire formal business sector. Chissano, speaking through his press spokesperson Antonio Matonse, told the independent newsheet Metical that the VAT is a […]
JAPAN’S Mitsui Corporation is assessing the potential of Zambia’s Konkola Deep Mining Project with the possibility of taking an equity interest. The lead investor, Anglo American, has already stated that it wishes to work with seasoned developers on the KDMP as the resources required are enormous. Mitsui wishes to secure a long-term copper concentrates (enriched […]
THE US government has set aside an economic assistance budget of $711,3-million for Africa in 1999, a large chunk of which goes to the promotion of family planning and protection of human health. A breakdown of the 1999 budget for Africa by the US Agency for International Development (USAID) shows that $253-million has been allocated […]