Jacques Magliolo THE March 1995 Reserve Bank Bulletin outlines a number=20 of interesting South African stock market trends which=20 suggest that all major sectors have reached maturity=20 and are facing a sideways movement. Using an index of 100 for 1990, the following trends=20 were determined: * Industrial shares have reached maturity. After the=20 1987 stock […]

The parliamentary ethics subcommittee is divided=20 over MPs’ outside financial interests, write=20 Eddie Koch and Marion Edmunds STRONG pressure for South African MPs to continue=20 earning lucrative salaries on top of their pay from=20 Parliament is coming from inside an ethics subcommittee=20 set up to devise rules on the controversial issue. Six of nine MPs […]

Indian economic involvement in South=20 Africa has mushroomed. Reg Rumney reports The purchase by Indian brewery United Breweries=20 Investments (UB) of a 30 percent stake in National=20 Sorghum Breweries — reportedly for R70-million — is=20 the most visible sign of the growing economic co- operation between South Africa and India. UB had previously bought Mabula […]

Rehana Rossouw DURING the July parliamentary recess, when the nation’s=20 leaders flee from Cape Town to service their=20 constituencies or simply take a break, their seats in=20 parliament will be filled by the future leaders of=20 South Africa when the South African Youth Parliament=20 Organised by the Street Law project, the initiative is=20 bringing together […]

The products may not be warm or comfortable, but=20 Hardwear is finding a growing market for clothes made=20 of scrap. MALU VAN LEEUWEN reports AFTER four years of obscurity, the curious products of=20 a Cape Town partnership are suddenly getting plenty of=20 attention. Hardwear (real names Michelle Vyncke and=20 Chris du Toit) is a small […]

Patrick Goodenough in East London Former Transkei military strongman Bantu Holomisa took=20 a leaf out of the CIA’s book when he sent a military=20 signal to abduct a wanted man from Johannesburg in 1991=20 “like the Americans did with Noriega”. Holomisa effectively confirmed this week that=20 Vulindlela Mbotoli, the prisoner pardoned and released=20 on Monday […]

CINEMA: Stanley Peskin THE OX, which has as its background the severe drought=20 suffered by Sweden in the 1860s, is described as a true=20 story told by director Sven Nykvist. The narrative is=20 presented with the utmost clarity, but not without=20 subtlety. Although the director is self-effacing in the=20 presentation of his ostensibly simple homiletic, […]

JOHN MAJOR took a gamble with his political career=20 because his party was divided. He triumphantly won the=20 gamble — but his party remains divided nevertheless.=20 This continuing paradox will cast a long shadow over=20 what is simply a sun-drenched political achievement: a=20 midsummer campaign launched in a rose garden nearly a=20 fortnight ago, clinched […]

Jacques Magliolo DESPITE growing local and international competition in=20 the electronics market, Johannesburg Stock Exchange- listed Log-Tek produced enviable results for its=20 financial year to end-April 1995.=20 Earnings per share climbed by a spectacular 138 percent=20 to 57,5 cents a share and a dividend of 17 cents (1994:=20 eight cents) was declared. This is a […]

Marion Edmunds POLITICAL parties have launched a massive manhunt for=20 50 000 politicians. Their talent scouts are trawling=20 townships, suburbs and villages this month to find=20 ideal candidates for the local government elections.=20 All the major political parties have started screening=20 potential candidates and all want the best of local=20 talent for themselves. The exact […]