DEBT-forgiveness lobbyists Jubilee 2000 will reveal the names on Tuesday of the major Swiss banks deemed to have collaborated with South Africa’s apartheid regime in 1986, allowing it to reschedule its debt and effectively extend its rule. Archbishop Njongonkulu Ndungane will launch the document at his Bishopscourt residence with Mascha Madoerin, co-author of the Swiss […]
SYNTHETIC fuel producer Sasol and Malaysian oil firm Petronas are in talks on a possible alliance covering the South African market, Sasol managing director Pieter Cox said on Tuesday. Analysts said that talks are due to start between Sasol and chemicals firm AECI which owns a 40% stake in Polifin, paving the way for a […]
LIBYAN leader Moammar Gadaffi is due to arrive in Egypt on Friday for a two-day visit, sources said on Tuesday. This as President Nelson Mandela hit back Tuesday at South African political leaders who criticised his links with Gadaffi, saying these ties had borne fruit in the Lockerbie case. Gaddafi is expected to discuss with […]
SATURDAY’S presidential elections in Nigeria “broadly reflected” the people’s will despite some “irregularities,” the United States’s State Department said on Monday.”Respected American and international observers have stated that the alleged and apparent election irregularities would not have affected the final outcome of the elections,” said department spokesperson James Foley. He praised outgoing Nigerian president General […]
THE African National Congress signed a deal on Monday appointing the University of Connecticut in the United States as the sole North American repository of its liberation struggle archive. As part of the archive deal, the university which already has an extensive oral library of the World War Two Holocaust and the ensuing Nuremberg trials […]
THE top leadership of the Organisation of African Unity has welcomed last Saturday’s acceptance by Eritrea of the continental body’s framework agreement to end the nine-month border dispute with Ethiopia. In a statement issued in Addis Ababa on Sunday, OAU chairman president Blaise Compaore of Burkina Faso and Secretary General Salim Ahmed Salim urged both […]
OWN CORRESPONDENT, Cape Town | Tuesday 7.20pm. A SWISS economist named three German banks, Deutsche, Dresdner and Commerzbank, and three Swiss banks, Credit Suisse, Union Bank of Switzerland and Swiss Bank Corporation, on Tuesday as “apartheid’s major creditor banks”. The claims come in a report issued by economist Mascha Madoerin and co-author, Gottfried Wellmer, for […]
DOZENS of South African tourists were stranded in Mozambique’s coastal town of Vilankulo on Monday, waiting for an air lift after floods destroyed roads. Vilankulo district authorities said some tourists had to sell their vehicles or boats to pay for rides on chartered planes out of the town, which is opposite the popular Bazaruto archipelago. […]
STEWART BRUCE PRESTON, a plant and transport supervisor accused of defaming Zambian President Frederick Chiluba, has been deported as his case awaits judgment in a Lusaka Magistrate’s Court. Preston’s lawyer Edgar Lungu disclosed that his client was picked up by police last Thursday and detained at Lusaka Central prison pending deportation to Britain. Preston was […]
SOUTH Africa attracted significantly more foreign investment in 1998 after big multinational companies snapped up stakes in local firms, said a report released on Wednesday. Business Map estimated R17,22-billion was invested in South Africa during 1998, a 9% rise on the R15,82-billion of the previous year. Business Map said the growth had been “surprising” in […]