WEDNESDAY, 1.00PM: RESERVE Bank governor Chris Stals said on Tuesday that a cut in the interest rate before the introduction of the new money market reproduction system on March 9 is unlikely, unless there is a significant change in market conditions. “With the introduction of the repo system the central bank will be forced to […]

TUESDAY, 11.30AM: PAUL Adams showed he is still in good form when he destroyed the Eastern Province batting with a haul of six wickets for 90 runs to help Western Province achieve a 123-run Supersport Series victory at Newlands on Monday. Adams’ figures would have been even more impressive, career best in fact, had ‘keeper […]

MONDAY, 12.30PM: HELLENIC beat African Wanderers 3-2 at Kings Park soccer stadium on Sunday to ease their worries of relegation. The defeat further compounded the woes of Wanderers, who are facing serious relegation trouble. Hellenic were 1-2 down at half time, but managed to score twice in the second half without reply before a paltry […]

morality Sexual scandal in politics has always been attended by hypocrisy, most frequently on the part of the media in their efforts to justify the public ventilation of private activities. When a British minister of defence, John Profumo, bedded a prostitute and was caught, the British press justified its prurient coverage of the scandal on […]

Belinda Beresford Guardian of the rand and watchdog of inflation, the Reserve Bank probably has as much impact on every South African’s finances as anything the government does. But, unlike Nelson Mandela, the bank is not national property. Unlike most of its counterparts across the globe, South Africa’s central bank is a private company which […]

Belinda Beresford Investor or tourist, gift-giver or generous parent bailing out stranded offspring, how can you best get your money out of the country? The quickest way of taking money overseas is to use your credit or debit card, although this can be expensive. Internationally, credit-card transactions are operated in dollars. A withdrawal in yen […]

Attempts at reconciling the ANC’s Gauteng region have failed dismally, writes Sechaba ka’Nkosi Fresh allegations of serious misconduct and abuse of authority hit the inner circles of the African National Congress’s Gauteng region this week, less than two months before the party holds its provincial conference. At the centre of the furore is Safety and […]

shot Andrew Muchineripi : Soccer What a difference two years makes. When South Africa hosted the 1996 African Nations Cup they had partisan support, familiar conditions, a settled team, a successful coach, and duly triumphed. While Jomo Sono, the former national star who succeeded Barker last month on a caretaker basis, speaks confidently of retaining […]

Wonder Hlongwa The South African Red Cross Society’s national executive committee is sitting on an explosive report detailing maladministration, corruption, negligence, racism and nepotism — apparently in an attempt to cover up for colleagues who are implicated in it by name. The report details the inability of the Red Cross’s national director general, Keith Gower, […]

Madelaine Wackernagel : Taking Stock Amazing how the pendulum swings. In the 1980s, the trend in business thinking was “the broader, the better”. This resulted in companies adding on, seemingly indisicriminately, diversifying all over the show. But then, with the help of the 1989 stock-market shake-out, came a new idea. Concentrate on core businesses; managing […]