Alex Duval Smith in Zambezi, western Zambia In the darkness of the mud-brick hut, the glint in the man’s eye was as piercing as the flashes of light from the half-dozen diamonds in his palm. “They will cost you 1,6-million kwatcha [R4 800]. At the moment, I can also sell you emeralds, gold dust and […]
Charlene Smith On March 16 1984, former president PW Botha met his Mozambican counterpart, Samora Machel, at the Nkomati River to sign an accord that effectively blackmailed Mozambique. Next month, on June 6, President Nelson Mandela and Machel’s succesor, President Jaoquim Chissano, will open the Maputo development corridor, strengthening relations between the two countries and […]
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 […]
into profit Andy Duffy A cabal of students is running the University of the North (Turfloop)as a private business, spending millions of the cash-strapped institution’s funds and extorting protection money from outside firms working on the campus. Documents leaked from the university this week, and confirmed by senior sources as accurate, claim the Student Representative […]
Neil Manthorp Cricket It has been a silly week on tour. For four years people have complained about the inability of various hosts around the world to organise a sensible itinerary. India, Pakistan, New Zealand, Sri Lanka and even Australia, who isolated the third and final test by sticking the World Series into the middle […]
Charl Blignaut investigates the fives rules for how to become a South African pop icon. (Don’t be scared to perform from the back of a truck) In 1985, six months after Lucky Dube’s fourth mbaqanga album had turned to gold – sales in excess of 25 000 units – the recording studio was again booked […]
Tim Radford United States space scientists believe they will be able to conjure up refrigerator and furnace insulation tiles out of thin air. They are experimenting with a composite material called aerogel, the lightest solid known. A lump of this “frozen smoke” the size of a man would weigh less than 0,45kg, but could bear […]
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 […]
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 […]
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 […]