AN ALGERIAN stock exchange will open its doors on February 15 after lengthy delays says Ali Boukrami, chairman of the Algerian Securities Commission on Monday. The opening will coincide with the listing of 20% of the biggest domestic pharmaceutical firm, Saidal. The company will offer two million shares at a price of 800 dinars ($13,5) […]

President Nelson Mandela is expected to discuss the Angolan war and whether Southern African Development Conference troops may be sent.

SOCCER players of the Zambian national women’s squad blamed their coaches on Wednesday for their 15-0 defeat by South Africa in Swaziland. They claimed the coaches were more interested in sex than soccer. One of the players said that some male coaches demanded sexual favours in return for a place in the women’s national team. […]

NEDBANK on Tuesday confirmed reports that theives had tapped into its cardholder accounts and spent an estimated R1-million in a shopping spree that involved about 2000 transactions. Nedcor chief operations executive Mike Leeming confirmed that the bank will repay clients for losses as a result of the fraud. He claimed that “certain precautions” in the […]

AT least 18 people have been granted amnesty recently and five others refused by the Amnesty Committee of the Truth and Reconciliation Commission. Among those granted amnesty is an Inkatha Freedom Party member Boy Vusimuzi Gwamanda who applied for amnesty for the 1990 conspiracy to kill Mpumalanga Premier Mathews Phosa. Other people granted amnesty include […]

FOREIGNERS were net sellers of R799,3-million worth of South African government bonds on Wednesday after selling R226-million on Tuesday, according to the latest Bond Exchange data.

SUDAN has opted to use the unified European currency, the euro, in its commercial transations as an alternative to the United States dollar. The Bank of Sudan said in a circular to various banks of the country, that “we are going to concentrate in the coming period on conducting commercial transactions in the euro as […]

UNSEASONABLY good rains have filled almost all Northern Province’s dams to capacity and could spark a lucrative agricultural boom in the region. Water affairs officials said on Thursday that heavy rains over the past three months have filled the important Ebenerzer, Klaserie and Magoebaskloof dams to 100% capacity while all others in the province are […]

THE NATIONAL Minister of Health, Dr Nkosazana Zuma, has appointed a task team to investigate the organization of a national health laboratory service. The team will integrate the teaching, training and research activities currently associated with various pathology laboratories.

CNN HAS implemented a poll on whether South Africa ought to implement racial quotas for teams competing in the Currie Cup. They outline a couple of sides of the issue in their piece, and the results are unambiguously against any kind of quota. See the poll, and vote at: CNN and view the results at: […]