Staff Reporter
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/ 30 July 1998

Duff and Phelps reaffirms SA is investment grade

OWN CORRESPONDENT, Johannesburg | Wednesday 7.30PM. INTERNATIONAL rating agency Duff and Phelps Credit Rating Company (DCR) on Wednesday reaffirmed South Africa’s BBB- long-term foreign currency and A- long-term rand ratings. The London-based agency added that the outlook on rating remains solid. In its review, DCR said the ratings were reaffirmed due to the government’s “due […]

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/ 30 July 1998

SA gives weakened Essex a tough time

OWN CORRESPONDENT | Wednesday, 9.00PM A BRILLIANT unbeaten 141 by South African vice-captain Gary Kirsten set the tone for the limited overs match against England’s B&H champions, Essex, at Chelmsford on Wednesday. Essex, chasing a 50-over target of 311, were bundled out for 133 in just 31,4 overs, with veteran offspinner Pat Symcox 5/40 picking […]

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/ 30 July 1998

Mzimela quits Cabinet

OWN CORRESPONDENT Johannesburg | Thursday 2.00PM. CORRECTIONAL Services Minister Sipo Mzimela has resigned his Cabinet position with immediate effect. The embattled minister, who was last week fired by the Inkatha Freedom Party from his position as national deputy chairman, gave no reasons for resigning. Mzimela’s political future has been hanging in the balance since he […]

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/ 30 July 1998

Police absenteeism 30%

OWN CORRESPONDENT, Cape Town | Wednesday 8.00PM. SOUTH African Police Service CEO Meyer Kahn on Wednesday said police are winning the battle against crime “inch by inch”, but admitted police efficiency is seriously compromised by a daily 30% absenteeism rate. Speaking at the launch of the Western Cape west metropolitan region’s service and delivery strategy […]

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/ 30 July 1998

Richmond demands Nkabinde’s re-arrest

OWN CORRESPONDENT Durban | Thursday 10.00PM. ABOUT 1000 residents have marched on the Richmond police station to demand the re-arrest of United democratic Movement leader and local strongman Sifiso Nkabinde. The marchers also demanded the removal of certain local police from the KwaZulu-Natal midlands town where almost 40 people have died this month. In the […]

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/ 29 July 1998

Cry Freedom, cry wolf

OWN CORRESPONDENT, Pretoria | Wednesday 3.00PM. THE Truth and Reconciliation Commission heard on Wednesday how police faked a bomb at a showing of the film Cry Freedom. One of the generals who arranged the elaborate charade, Johan le Roux, told the hearing that when the Publications Appeal Board in 1988 allowed the Weekly Mail Film […]

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/ 29 July 1998

Anxiety about US markets causes local drop

OWN CORRESPONDENT, Johannesburg | Tuesday 6.30PM. LOCAL shares dropped some of their earlier gains in afternoon trade as investors started to buy futures and sell equities, thereby pressurising the stock market again. According to dealers the JSE closed nervously as traders waited to see whether the US markets will weaken overnight. The all share index […]

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/ 29 July 1998

‘Bok is mine’ – Luyt

OWN CORRESPONDENT, Cape Town | Wednesday 9.30AM. OUSTED South African Rugby Football Union president Louis Luyt on Tuesday proclaimed himself as owner of the Springbok emblem, adding that he holds no allegiance to the National Sports Congress. In a characteristically blunt and outspoken address to an extraordinary general meeting of the Sarfu executive, Luyt warned […]

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/ 29 July 1998

De Kock told to ‘shoot police’

Sarah Bullen in Pretoria | Wednesday 6.30PM. FORMER Vlakplaas commander Eugene de Kock on Wednesday told the Truth and Reconciliation Commission’s amnesty committee that he was ordered to “just shoot” any regular police who might stumble upon the clandestine operation to bomb Khotso house in 1988. De Kock testified that during a briefing before the […]

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/ 29 July 1998

Wage rises beat the inflation rate

OWN CORRESPONDENT, Johannesburg | Tuesday 4.00PM. LABOUR unions this year managed to negotiate high wage settlement despite a low inflation rate, Johannesburg-based industrial relations and labour law consultancy Andrew Levy and Associates said on Tuesday. Releasing the results of a survey polling 200 companies, the consultancy said that while the inflation rate January to May […]