Staff Reporter
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/ 15 February 1999

LEKA BAILED OUT

LEKA, the flamboyant exiled pretender to the Albanian throne, was granted R15000 bail on Monday after being arrested on arms charges. Leka was arrested with three other men at his Johannesburg home on February 5 after police found a large quantity of firearms, ammunition, anti-personnel mines and rocket launchers. Transferred from his jail cell to […]

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/ 15 February 1999

CROWD STONES DRIVER

A MAN was stoned to death in Carletonville after he ran over a two-year-old boy in his car. Police spokesperson Herman Esterhuizen said the driver hit the boy on Satuday, killing him instantly. A crowd gathered around the car, throwing stones at it. The driver got out of his car and was stoned by the […]

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/ 15 February 1999

MINING PRODUCTION SLIPS

MINING production fell 1,0% in 1998 compared to the previous year, Statistics South Africa said on Thursday. However, mining production for the fourth quarter of 1998 reflected an increase of 5,7% after seasonal adjustment compared with the third quarter of 1998. This increase was mainly due to the contribution of platinum mines. The value of […]

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/ 15 February 1999

CATS FAIL TO IMPRESS

THE Free State Cheetahs beat glamour Super 12 outfit the Cats 36-28 in their opening trial match in Bloemfontein on Friday night. The half-time score was 19-14 to Free State. The Cheetahs got home by three goals and three tries to the Cats’ four goals. The Cats lacked any type of defence and the Free […]

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/ 15 February 1999

SUN REVENUE DOWN

HOTEL group Sun International reports a 7% drop in annual revenue to R1,23-billion in 1998. Gaming revenues dropped 11%, offset to an extent by hospitality revenues, which were 5% up on the previous year. Economists said the results indicate the knock Sun International has taken as a result of a number of casino licences being […]

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/ 15 February 1999

CIGARETTE SMUGGLNG FOILED

MOZAMBICAN police foiled an attempt to smuggle 180 cartons containing over 36__000 packets of contraband cigarettes into South Africa from Maputo on the weekend. Police found the boxes of Peter Stuyvesant cigarettes hidden in the roof panels of a passenger train bound for Johannesburg from Maputo. They immediately arrested three suspected smugglers and two other […]

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/ 15 February 1999

S&P RETAINS RATING

INTERNATIONAL rating agency Standard & Poor’s on Wednesday reaffirmed South Africa’s BB+ long-term foreign currency rating and said the country’s outlook remains stable. Although the rating is one notch below investment grade, it was widely interpreted as positive by the markets as a possible downgrade had been expected. SA has investment grade ratings from Moody’s […]

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/ 15 February 1999

Red tape strangles Mozambique-SA free trade

ALFRED LIBOMBO, Maputo | Monday 1.00pm. A PILOT binational agreement to promote the free movement of people and goods between Mozambique and South Africa has become bogged down in bureaucratic red tape and budget cuts, Mozambique’s national roads director, Lucas Nhamizinga, said on Monday. Confirming that the 1997 agreement has still not been implemented, Nhamizinga […]

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/ 15 February 1999

NO PLEASURE BEFORE BUSINESS

BELGIAN Prime Minister Jean-Luc Dehaene will arrive 24 hours later than he was expected in South Africa — meaning he will miss a concert of Belgian singer Helmut Lotti in Johannesburg on Sunday. Dehaene was unable to leave Brussels on Saturday evening as scheduled because of a technical problem with the military plane on which […]

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/ 15 February 1999

SA DRUGGISTS’ BIDDERS MUST WAIT

THE JSE Securities Regulation Code could effectively prevent life assurer Fedsure, pharmaceutical company Adcock Ingram and empowerment investment group Sekunjalo from making another offer for South African Druggists shares until next February. Business Report on Sunday reported that the code will also prevent them from making another bid — acting on their own, as a […]