A DELEGATION of European Union parliamentarians is due in South Africa on Thursday in a bid to bolster trade relations between the two groups. Last week the European Parliament passed a resolution regretting the EU council’s failure to approve the draft agreement concluded between the EU Commission and South Africa. Their planned visit is at […]
SARAH BULLEN, Cape Town | Tuesday 11.10am. GROSS provisional gross gold and foreign exchange reserves amounted to R32,7-billion at the end of February, up on January’s figure of R32,6-billion, the Reserve Bank announced on Tuesday. In dollar terms, however, gross reserves declined by roughly $100-million from $5,4-billion to $5,3-billion at the end of February. The […]
SOUTH Africa’s Southern African Customs Union partners will receive a payout of some R7,2-billion this year, a 28% jump on last year’s payout from the union’s revenue pool. The payout, however, is likely to be the last one of such magnitude as pressure to restructure the revenue-sharing formula grows, Business Day reported on Thursday. The […]
A HARARE Magistrate’s Court remanded the case of Zimbabwe Mirror journalists Ibbo Mandaza and Grace Kwinjeh on Monday morning to April 30 on charges of violating the colonial Law and Order Maintenance Act. The court awaits the outcome of a Supreme Court application by the defence counsel challenging the constitutionality of Section 50 of the […]
KENYA’S national team, Harambee Stars, on Sunday fell 0-1 to Zambia’s Chipolopolo (Bullet) in an Africa Cup of Nations Group Six qualifying round at the Moi Sports Centre in Nairobi. The Kenyans, cheered by a capacity crowd which included President Daniel arap Moi, threw everything in the attack but the chase for the equaliser proved […]
NEW South Wales centre Jason Little may be on the bench for up to eight weeks after fracturing his collar bone during the 13-13 draw with South Africa’s Coastal Sharks on Saturday. Little was injured when he was tackled heavily in the final few minutes of the Super 12 match in Durban. “He will be […]
COTE d’Ivoire Finance Minister Niamien N’Goran on Monday questioned the critical findings of an investigation carried out last month by the International Monetary Fund. The IMF said after the February 9-18 mission that “all the conditions are not present for starting negotiations” on a lending program for 1999, citing difficulties managing public finances and calling […]
MINING group Rio Tinto Zimbabwe’s net profit nearly quadrupled from $57,8-million in 1997 to $208,2-million last year, largely because of the devaluation of the Zimbabwe dollar. The firm said, however, that short term outlook for the gold price remains poor with international prices likely to continue around current levels and the local price likely to […]
SOUTH Africa’s veteran offspinner Pat Symcox has in hot water for allegedly misbehaving on a flight home from Australia last week, according to press reports on Monday. South African Airways and the United Cricket Board of South Africa are conducting separate inquiries into allegations that Symcox (38) was rude and aggressive to flight staff, The […]
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 […]