Lynda Gledhill Preliminary results of a financial audit of South Africa’s largest literacy NGO – the National Literacy Co-operation (NLC) – closed the doors of the organisation last week amid allegations of mismanagement. The initial report, released to the Mail & Guardian this week, confirms a lack of proper record keeping and expenditures that were […]
Suzy Bell: Durban nightlife The cool idea of a “recovery room” and cigar lounge at Bean Bag Bohemia, installation art at Crash, capuccino chairs at Jamb Lounge, breakbeat insanity at Bedlam, and the mellow mood at Dusk till Dawn constitute a fine, fat slobbery kiss for Durban’s nightlife, which has clawed its way from the […]
Janet Smith On show in Pretoria When your eye first catches the glitter and runs over the roughness of the sand, you don’t see the exquisite miniatures occupying spaces that would otherwise reveal emptiness. On more intimate inspection, it becomes evident that there’s performance in every part of Motlhabane Mashiangwako’s The Efforts of Those Who […]
FRIDAY, 6.00PM: SHARES on the Johannesburg Stock Exchange staged a late rally after a dull day on Friday, much to the consternation of dealers who were at a loss to explain the recovery. The all gold index slipped 2,1 points to 742,7. The industrial index rose 69,9 points to 8187,2, and the financial index, 103,3 […]
Belinda Beresford There’s something sensual about the feel of a fat wad of crisp new banknotes. The rippled paper is a small piece of attempted perfection which took a month to forge and contains dozens of security devices. All South African paper money is printed by the South African Bank Note Company (SABN), although the […]
politicians It seems there may be some kind of inverse correlation between the popularity of political parties and public figures in the media on the one hand, and with the public on the other. At the very least the issue would provide fertile ground for research for a PhD thesis! During the 1994 elections, most […]
THURSDAY, 5.45PM: THE South African Chamber of Business’s Business Confidence Index (BCI) strengthened in February, on the eve of the Budget, Sacob announced on Thursday. Regardless of the economy’s slowdown and the weakness of consumer demand, the BCI improved by 1,5%, after remaining static since November last year. The falling inflation rate, expectations of lower […]
THURSDAY, 3.30PM: PRESIDENT Nelson Mandela will obey a subpoena to appear in the Pretoria High Court next week to testify in the South African Rugby Football Union’s attempt to have a judicial inquiry into its affairs declared illegal, Mandela’s lawyer Wim Trengrove said on Wednesday. However, in a conflicting statement, Mandela’s spokesman Parks Mankahlana said […]
THURSDAY, 6.00PM: WORRIES about the stability of the Asian markets, an imminent drop on Wall Street, and the weak rand and gold price, knocked the spots off all Johannesburg Stock Exchange indices on Thursday. The all gold index shed 21,9 points to 744,7, the industrial index, 187,3 points to 8117,3, and the financial index 511,7 […]
WEDNESDAY, 6.15PM: FINANCIAL shares on the Johannesburg Stock Exchange — the market’s strongest performer of late — had their bull run halted on Wednesday as they fell victim to a bout of profit taking. The industrial and all gold indices also fell on a combination of futures trade and the soft bullion price, dealers said. […]