Staff Reporter
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/ 29 May 1998

Fatal attraction of partners in crime

Arvind Ganesan In their search for finite resources, oil companies must partner governments who may have dismal human rights records – witness Total’s involvement with the Burmese junta in constructing the Yadana natural-gas pipeline. In Colombia the drive to develop oil fields has landed companies in the middle of a war zone. To ensure oil […]

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/ 29 May 1998

Sigcau flouts parliamentary procedure in

Aventura bid Ann Eveleth Minister for Public Enterprises Stella Sigcau came under severe criticism this week for “acting beyond her authority” in the sale of tourism parastatal Aventura. A senior government official and a member of one of four consortiums expected to lose the bid this week said Sigcau and her privatisation advisers, HSBC Investment […]

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/ 29 May 1998

Share options: blank cheques for bosses

Simon Caulkin Stock options have become the Nineties way of rewarding top managers. But as the number of options being granted has exploded, so the boom in share prices has inflated the value of those options. The sheer volume of stock options has achieved such scale that it threatens to undermine the validity of company […]

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/ 29 May 1998

Brush up your Publilius

Robert Kirby: Loose Cannon `One day you boys will find Latin phrases like these come in very useful,” alpaca-coated Brother H used to murmur as he savagely whipped our upturned hands with a thick leather whalebone-spined strap. Six hits. Three for the left, three for the right. A rider discipline to the hand- thrashings: learn […]

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/ 29 May 1998

Land wrangle in playgrounds of the rich

Ann Eveleth The development hopes of a poor rural community bordering the lucrative Sabi Sands game reserve have been delayed by bickering between conservationists vying for a slice of the community’s untapped treasure. The tiny community of Huntington in the fractious Bushbuckridge region in Mpumalanga plans to meet this weekend in an ongoing bid to […]

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/ 29 May 1998

Gains against industry odds

After nearly a decade of remaining in the doldrums, the motor sector of the Johannesburg Stock Exchange has doubled in less than two years, with some listed companies still showing upward growth potential. However, the ride to its present level of over 9 000 has been volatile. Before the 1994 election the index remained mostly […]

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/ 29 May 1998

Fabulous abs

The way to a woman’s heart is through his stomach, writes Andrew Anthony A small request to male readers: before you settle down to this article, place a hand on your stomach. Move it around, trace the girth, then clasp whatever flesh is sticking out above your belt (female readers may care to perform the […]

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/ 29 May 1998

From Russia with love of money

Stephen Bierley questions the sincerity of two potential tennis champions May in Paris and the great names are lined up for the French Open: Chiroubles, Fleurie, Morgon, Moulin-a- Vent. And then there are the tennis players. The intense heat of Melbourne, the mayhem of Flushing Meadow and the unremitting pressure of Wimbledon seem a world […]

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/ 29 May 1998

`Taxi bosses hired assasins’

Mzilikazi wa Afrika Police are investigating allegations that taxi bosses in Mpumalanga employed 40 Mozambicans as hired assassins. Investigators say taxi bosses hired the Mozambicans as the foreigners would be harder to track down than local hired assassins. “Our intelligence unit has found out that the Mozambican hit men are armed with powerful automatic rifles,” […]

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/ 29 May 1998

Patient’s penis skinned in muti murder

Mzilikazi wa Afrika A Northern Province tuberculosis patient who disappeared from his hospital bed was found dead near the doctors’ quarters on Sunday morning, with his scrotum removed and his penis skinned. Police suspect that someone working at the Mokopane hospital, near Potgietersrus, lured Malesela Joseph Tshege (52) out of the TB ward in the […]