By Reg Rumney Finance Minister Chris Liebenberg this week expressed concern about the effect of so-called “private label” credit cards on the country’s savings. Liebenberg said that aside from inflation, the other factor decreasing savings was financial deregulation. “When credit is more freely available, there is less saving.” In that context he was concerned about […]

Trevor Steele-Taylor A FESTIVAL of Spanish cinema — to be attended by four leading Spanish filmmakers — will be presented as part of the fringe at the Johannesburg Biennale. The programme comprises 18 films, including two masterpieces by Luis Bu-uel, Viridiana and The Young One. Winner of the Grand Prix at Cannes in 1962, Viridiana, […]

THE withdrawal of sociologist Eddie Webster from the race for the post of vice-chancellor of Rhodes University has left a conservative as the only contender. To the dismay of Grahamstown progressive organisations and academics, Webster has chosen to stay at the University of the Witwatersrand. Academic sources said his work on proposed new labour legislation […]

Dunhill Challenge: Bland misses out as Player opts for Buhrmann GOLF: Jon Swift IT is ironic that Gary Player, the Southern African team’s non-playing captian in next week’s inaugural Dunhill Challenge at Houghton, opted for the youth of Hendrik Buhrmann ahead of the experience of John Bland in finalising his line-up. As the current holder […]

Shadley Nash in Port Elizabeth A reward has been offered for the return of Port Alfred’s mayoral solid silver chain of office, valued at R10 000. Former taxi driver Gordon Bavuma, recently elected as the chairperson of the Port Alfred Transitional Local Council, now has the dubious distinction of being the first “mayor” since the […]

Shadley Nash in Port Elizabeth South Africa’s judicial profession was still a divided and conservative one, said Cecil Somyalo, the country’s first attorney to be permanently appointed a judge in the Supreme Court. In an interview on following his appointment by President Nelson Mandela on Tuesday, Judge Somyalo said his appointment signalled a big break […]

The finance minister and the Reserve Bank governor agree on discipline, so prepare to tighten your belts. Reg Rumney reports. Finance Minister Chris Liebenberg said this week that both fiscal and monetary policy were still not strict enough for sustainable growth. Later, Reserve Bank Governor Chris Stals, also speaking at the eighteenth Frankel Pollak Vinderine […]

Justin Pearce SOUTH AFRICA’S non-govermental organisation (NGO) community is reeling from the shockwaves of the allegations of theft and fraud made against Dr Allan Boesak’s Foundation for Peace and Justice (FPJ). Last week’s revelations of the scale on which money disappeared undetected from the FPJ have prompted NGO trustees to re-examine their roles and duties […]

Perennial rivals Kaizer Chiefs and Orlando Pirates are heading for a Top 8 final clash, but their semifinal opponents have other ideas SOCCER: Clinton Asary IT is the ideal semifinal draw for a cup competition, the one soccer administrators and sponsors dream about, thus adding fuel to allegations that the draw for the BP Top […]

Gaye Davis HARD questions will be asked at next weekend’s meeting of the ANC’s national executive committee (NEC) in the wake of repeated scandals shaking the movement and the crisis wracking its Women’s League. The concern goes beyond the impact on the ANC’s image within South Africa and abroad. “It goes to the heart of […]