President Nelson Mandela said while visiting Finland that he is confident South Africa and the European Union will reach a deal on a free trade pact.
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 […]
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 […]
BLACK investors have to date claimed more than 5% of the market capitalisation on the Johannesburg bourse, an independent analysis unit said. Business Map, an investment analysis group, said in a report distributed on Friday that the market share controlled by black companies has grown to 5,5% from 4,8% in 1997. The unit’s annual review […]
MALAWI, one of the last few countries in the world without its own television signal, may soon have one if plans by government to launch Television Malawi materialises. TV Malawi Project Coordinator Benson Tembo said on Friday that all equipment for the project has arrived and training for technicians and anchors is completed. Secretary for […]
ORLANDO Pirates equalled the record victory margin for a South African club in Africa with a 6-0 thrashing of Botswana Defence Force, who survived only 10 minutes before Simon Makhubela triggered a Johannesburg goal avalanche. Veteran Egyptian star Hossam Hassan scored a hat-trick this weekend as Al-Ahly sounded an early warning to their African Champions […]
ANGOLAN authorities have grounded seven airlines deemed irregular and most frequently involved in accidents, officials said on Friday. This comes after an Antonov-12 plane crashed in a heavily populated area of the capital, Luanda, on February 2, killing 30 people. Since then aviation officials have clamped down on airlines and have expelled three Ukranians involved […]
A RALLY this month in shares of financial services group Sanlam refused to run out of steam on Friday as the market continued to buy in on expectations of bumper future prospects. Within the first half hour of trading on the JSE, Sanlam shares had jumped another 27 cents or nearly 5% to 597 cents […]
THE 1999 National and Open Shearing Championships kicked off in Bloemfontein on Friday. This is likely to be a trial run for the 2000 World Shearing Championships which are to be hosted in Bloemfontein. The event is expected to be attended by participants from more than 20 countries. In 1996 and 1998 South Africa teams […]
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 […]