Staff Reporter
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/ 19 January 1999

KURDISH LEADER MAY BE IN SA

KURDISH rebel leader Abdullah Ocalan applied for a visa to South Africa before leaving Italy at the weekend, the Anatolia news agency reported on Monday. His whereabouts are at present unknown. The report quoted anonymous security sources as saying they received information that Ocalan went to Moscow after leaving Rome on Saturday and then moved […]

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/ 19 January 1999

THE WOMEN BEHIND THE BOXING

TWO women have won a prestigious South African boxing award, without ever fighting. Shona MacTaggart and Robbyn Segal are the joint winners of the 1998 King Korn/Boxing World special award — making them the first female recipients of an award in the 23-year history of the event. Boxing World magazine editor Bert Blewett said the […]

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/ 19 January 1999

AIR LESOTHO GROUNDED

AIR Lesotho will fold its wings on February 6. “Heavy losses from August 1997 to December 1998” were blamed by the privatisation unit of the Lesotho ministry of finance for closing the national air carrier. The firm was established in 1997 after privatising Lesotho Airways. Since then is has lost approximately R200000 per month, according […]

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/ 19 January 1999

FOREIGNERS BACK IN BONDS

THE Johannesburg Stock Exchange said on Monday foreigners were net buyers of nearly R1,2-billion rands’ worth of equities last week after buying only R86,7-million worth the previous week. MAJOR MANGO PULPING A MAJOR United Arab Emirates fruit processing company, Moh’d Al Oman, has begun construction a mango pulping plant in Mozambique’s central province of Sofala. […]

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/ 19 January 1999

SUNSAT DELAYED AGAIN

THE launch of South Africa’s first home-grown satellit has been delayed again, according to a statement on Tuesday by Stellenbosch University. Spokesperson Douglas Davies said the launch by the US National Aeronautics and Space Administration at Vandenberg Air Force base in California is now scheduled for 12:39:52 SAST on Wednesday. He said the latest delay […]

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/ 19 January 1999

INSIDER TRADING OUT

THE Insider Trading Act, which provides for both civil and criminal prosecutions for insider trading offences on the financial markets, kicked in at the weekend. The Act assigns control over insider trading to the Financial Services Board which will be required to publish rules governing disclosure to the authorities as well as how to deal […]

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/ 19 January 1999

ANTI-CORRUPTION BODY FOR KENYA

KENYAN authorities have appointed an anti-corruption advisory board, meeting a key condition for the resumption of talks on an aid package halted by the International Monetary Fund in July 1997. Attorney General Amos Wako named the new advisory board to the Kenya Anti-Corruption Authority (KACA)late on Monday. Its first task will be to nominate a […]

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/ 19 January 1999

HEYNS WINS 2ND EVENT

PENNY HEYNS won her second breast stroke event and the World Cup short-course swim meet on Saturday. Heyns edged two Australians in the 50-m sprint, finishing in 31:27 to Helen Denman’s 31:29 and Samantha Riley’s 31:81. Heyns beat Riley in the 100m breast stroke on Friday.

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/ 19 January 1999

AFRICAN HARVEST WOOS US FIRMS

BLACK empowerment firm African Harvest, in conjunction with United States-based Risa Investment Advisers, announced on Monday a scheme to offer US investors opportunities to invest in selected businesses in South Africa. The scheme will offer investors securities or open-ended equity mutual funds as a vehicle to invest in South African firms. African Harvest CEO Leon […]

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/ 19 January 1999

POOE WINS MARATHON

FRANK Pooe cruised to victory in the Reebok Half Marathon in Bedfordview, Johannesburg, on Sunday, finishing in 66:23. Pooe was the first of the Liberty Life/Reebok team to cross the line — and more followed. All four top places were taken by his team members and, had one runner not been disqualified, all five top […]