FOLLOWING a year of considerable expansion, financial services group Fedsure on Monday announced a net increase in earnings of 77%, to R331,9-million for the year ending December. This amounts to earnings per share of R2,24, while dividends are up 48,5 cents to R1,55 a share. The group acquired Norwich Life during 1998, and group chief […]
THE four short-listed companies that are potential strategic management partners for the South African Post Office were announced on Monday by Posts and Telecoms Minister Jay Naidoo during debate on his budget vote. They are Canada Post, Deutsche Post, Italy’s La Posta and a consortium of New Zealand Post and Royal Mail. Each party has […]
THE Ugandan government has closed Bwindi National Park following the killing of eight foreign tourists by Hutu rebels last week. The Ugandan daily newspaper New Vision said the park will be off limits to tourists for one month. The Ugandan army said on Saturday it had killed ten Rwandan Interahamwe rebels inside the Democratic Republic […]
NIGERIA might rejoin the Commonwealth on May 29, when the military government is due to hand over to president-elect Olusegun Obasanjo, Commonwealth Secretary General Emeka Anyaoko said on Sunday. Anyaoko, himself a Nigerian, told the BBC: “The Commonwealth has become an association of democratically elected governments and until that is in place in Nigeria, I […]
TRADE unions in the Northern Province won an historic victory last week when they forced one of the region’s most powerful traditional leaders to reinstate his office clerk. The Zebediela tribal authority clerk, Josephine Kekane, was fired two weeks ago after joining the Union of South African Authorities (Tusaa) as its provincial secretary. Tusaa threatened […]
ORLANDO Pirates put nine goals past Olympics amateur club in the first round of the BobSave Super Bowl, winning handily 9-0. Two goals were disallowed, from Joseph Ngake and Simon Makhubela, keeping the rout from ending 11-0. Goals which were allowed came from Thabo Mngomeni (2) Phumlani Mkhize (2) and Makhubela (2). The remaining hat […]
ANOTHER Mpumamlanga official has resigned over a corruption scandal after police accused him of over R1-million in thefts last week. Revenue services deputy director Willie Steenkamp was allowed to resign quietly from government last Monday after signing a confession that he stole at least R530000 from a provincial suspense account. He was formally charged with […]
OWN CORRESPONDENT, Kinshasa | Monday 8.00pm. DEMOCRATIC Republic of Congo President Laurent Kabila said on Monday that fighting in the east of the country is “developing” in favour of government forces and that the war could be over in “several months”. He told state television: “At the front it is going well, it is developing […]
PRESIDENT Laurent Kabila of the Democratic Republic of Congo has asked Nigeria to send troops to help end the fighting in his war-torn country, the independent radio station Ray Power said on Sunday. Kabila sent a delegation of officials to Nigeria this weekend to pass on the request. They met top foreign ministry officials and […]
The Mpumalanga town of Belfast is bracing itself for the start of a sensational hearing on Monday when a 63-year-old Hungarian herbalist appears in the Belfast Magistrate’s Court on child rape and child labour charges. Charles Josef Baksai was arrested in February after allegedly bribing groups of girls with food and promises of money in […]