SOFTWARE development firm Ixchange plans to list on the New York Stock Exchange within two years, according to CEO Derek Kreunen. The company will be following Anglo American, SAB and a number of technology firms hoping to raise foreign capital. Dimension Data, Comparex (formerly PQ Holdings) and Datatec have all listed overseas. Because of the […]

SACKED Mpumalanga deputy speaker Cynthia Maropeng is scheduled to appear in the Nelspruit Magistrate’s Court on Friday on charges of defrauding the provincial government. Maropeng and her two co-accused, former legislature finance director Jomo Siboza and administration head Wilson Ngwenya, face one theft and nine fraud charges involving R1,1-million allegedly misappropriated from the provincial legislature.

THE SOUTH African Futures Exchange’s (Safex) chief executive, Stuart Rees, will resign at the end of March this year. Rees declined to give a reason for the resignation and did not say what his plans are. Rees chaired the initial working committee that founded Safex in 1988 and has been the exchange’s CE since then. […]

THE Reserve Bank is facing fresh scrutiny of its apartheid past if President Nelson Mandela grants permission for a new probe into its activites in the final days of white rule. Department of Justice Deputy Director General Deon Rudman confirmed that an official team headed by Judge Willem Heath probing state malpractice has requested a […]

THE Spanish embassy said on Thursday that the King and Queen of Spain will visit South Africa in mid February, accompanied by a Spanish business delegation. King Juan Carlos and Queen Sofia will meet President Nelson Mandela and his wife Graa Machel. Queen Sofia spent a sojourn in Cape Town during World War II. The […]

THE United Nations Educational, Scientific and Cultural Organisation has chosen the Western Cape’s Kogelberg reserve as a biosphere reserve, Cape Nature Conservation announced on Friday. The Kogelberg biosphere reserve is about 80km east of Cape Town, stretching from Gordon’s Bay to the eastern shores of the Bot River Vlei and inland to the northern foothills […]

NIGERIAN-led Ecomog intervention troops had Sierra Leonean rebels encircled in Freetown early on Thursday, depriving them of any way out of a battered city. Units of Ecomog soldiers, who have since Sunday made progress on fronts between Hastings and Waterloo on the Freetown peninsula, linked up late on Wednesday and trapped the rebels, military sources […]

MPUMALANGA Premier Mathews Phosa appointed one of the province’s most respected and proactive administrators, Coleman Nyathi, as acting provincial director general on Friday. The appointment follows the unexpected resignation of former director general Frank Mbatha in mid-January. Mbatha resigned to pursue a private-sector career after his authority began slipping, with bodies such as the Mpumalanga […]

A HAND grenade was thrown into the Kleinvlei house of a People Against Gangsterism and Drugs leader late on Thursday night. According to police, the grenade exploded outside a house in Bokmakierie Street belonging to Pagad leader Ebrahim Jeneker. Jeneker was not home at the time and no one was injured. Jeneker told Radio 702 […]

SPRINGBOK loose forward Andrew Aitken announced his retirement from rugby on Wednesday. Aitken (30), MD of the unit trusts division of a major financial institution, said: “I cannot play rugby and give 100% to my work and I cannot work full time and give 100 percent to rugby. I had to make a choice and […]