ALBANIA’S exiled King Leka, jailed this week pending a bail hearing, was hospitalised with a bleeding ulcer late on Tuesday. Police spokesperson Captain Francois Grobbelaar said on Wednesday that Leka (60) had complained of feeling ill and was admitted to a Johannesburg clinic. The king is being held on charges of illegal possession of firearms, […]

WESTERN Areas and Canadian mining group Placer Dome have firmed up a $235-million joint venture agreement. Western Areas is hoping that the deal will allow it to dilute its risk from South Deep, its deep level project and to explore mining projects throughout the world. Placer Dome will chair the joint-venture board and have the […]

THE Jordanian embassy in Pretoria has opened a book of condolences for King Hussein, who died suddenly at the weekend. The embassy said on Tuesday that members of the public will be able to sign the book from 10am to noon and from 2pm to 4pm on Tuesday, Wednesday and Thursday at the embassy at […]

JCI GOLD, the company that emerged from the ashes of mining house JCI Ltd, said on Tuesday it hopes to give details of its final structure by the end of February. JCI Executive Deputy Chairman Brett Kebble said the company is now focused on a proposed merger with Consolidated African Mines after a separate deal […]

SOUTH African Breweries said on Tuesday that it will publish its prospectus on Wednesday to coincide with the launch of a road show to promote its upcoming London listing. SAB, one of the world’s five biggest brewers, plans to move its primary listing to London in March. The road show begins in London on Wednesday. […]

DEPUTY Foreign Minister Aziz Pahad on Tuesday said South Africa will continue to support the peace process in Burundi, and to helping the country recover from years of internecine conflict. Pahad met with Mr Nzojibwami Augustine, Second Vice President of the Transitional Assembly of Burundi in Cape Town today. South Africa has been supporting the […]

MOZAMBIQUE’S second multiparty elections since its 16-year civil war ended in 1992 have been scheduled for October at a budget of just over $42-million. Almost half of the budget is already allocated to an extensive voter registration campaign which will reregister all potential voters from scratch following allegations by opposition parties — particularly opposition party […]

POTENTIAL bidders continue to woo SA Druggists as the likelihood of Texas company Argyll Scientific making a serious bid for the company appears to be diminishing. Black empowerment group Macmed and two pharmaceutical companies are believed to be negotiating with Fedsure, SAD’s largest shareholder. Fedsure’s proposal to buy 100% of SAD and sell Pharmacare to […]

MOZAMBIQUE’S navy commander is out of danger and recovering well from gunshot wounds to the abdomen, a spokesperson for Johannesburg’s Milpark Hospital said on Wednesday. Rear Admiral Pascoal Nhalungo was transferred to the Milpark Hospital for specialist treatment on January 31 after being ambushed and shot twice in the abdomen in the Mozambican capital Maputo.”He […]

SECURITY guards nationwide are set to strike on Wednesday to demand a shorter working week. The guards — 70000 strong — belong to the Transport and General Workers Union whose general secretary, Randall Howard, warns businesses face chaos if the strike goes ahead. Howard said on Monday that industrial action was the union’s response to […]