Staff Reporter
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/ 15 March 1999

PLANS FOR MINIMUM WAGE

THE Labour Ministry announced on Monday that it is planning to introduce legislation laying out a minimum wages for domestic and agricultural workers. Addressing journalists after a debate on his Budget vote in Parliament, Labour Minister Membathisi Mdladlana said that government is concerned that 25% of South Africans earn less than R500 a month. Mdladlana […]

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/ 15 March 1999

BRUNO BACKS LEWIS

FORMER British heavyweight world champion Frank Bruno on Sunday put Lennox Lewis’ controversial drawn title fight with Evander Holyfield in New York down to American boxing politics and backed the Briton to easily win a rematch. Bruno, a former World Boxing Council (WBC) heavyweight champion himself, said he believes there have been stranger decisions in […]

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/ 14 March 1999

NEW LIBERTY-STANBIC MOVE

LIBERTY Life and Standard Bank Investment Corporation are considering becoming wholly subsidiaries of a single parent company, which will become the vehicle for investors, Business Day reported on Friday. Stanbic recently purchased Liblife Controlling Corporation, which heads the Liberty corporate pyramid of ownership. Negotiations between the two companies in 1998 fell apart when they could […]

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/ 14 March 1999

SISULU DISCHARGED FROM CLINIC

HAVING been admitted to hospital suffering chest pains and hypertension on Monday evening, veteran African National Congress leader Walter Sisulu (86) was discharged by Soweto’s private Lesedi clinic on Thursday afternoon. He will be under close observation for some time and has strict instructions to get lots of rest.

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/ 14 March 1999

OZ TAKES HOCKEY SERIES

AUSTRALIA’S domination of a hockey test series with SA is complete. Three goals in the space of nine minutes in the second half put Australia on course for a 6-3 win over South Africa in Cape Town on Saturday. The win clinched a 4-1 victory in the series for the tourists. They lost their opening […]

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/ 14 March 1999

COMMONWEALTH IN DURBAN

SOUTH Africa’s is to host the Commonwealth Summit from November 12 to 15 in Durban, the foreign ministry announced on Friday. The 54 member Commonwealth is marking its 50th year. It was established in 1949 when Commonwealth prime ministers adopted the London Declaration.

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/ 14 March 1999

MIH TO LIST ON NASDAQ

MIH, subsidiary of the South African company MIH Holdings (MIHH), is to be listed on the United States’s Nasdaq bourse in New York and the Amsterdam Stock Exchange in mid-April. This will give it access to international capital markets and will be the first time a subsidiary of a listed South African company will list […]

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/ 14 March 1999

NOBEL TO VISIT SA

DOCTOR Michael Nobel, great grandnephew of Swedish chemist, inventor of dynamite and Nobel prize founder Alfred Nobel, will visit South Africa next week to promote the International Non-Violence Project. The project is an international youth-based movement seeking to persuade young people to denounce violence and to promote alternative forms of conflict resolution.

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/ 14 March 1999

NEW TORNADO HITS TRANSKEI

THREE villages in the vicinity of President Nelson Mandela’s home village of Qunu were hit by a tornado on Friday, SABC radio news reports. The affected villages Mqhekezweni, Xhongora and Bityi in the Transkei region of the Eastern Cape. Several houses were damaged but no injuries were reported. Several tornados have caused deaths and damage […]