MICHAEL METELITS, Johannesburg | Thursday 5.00pm. THE rand continued stronger on Thursday, bringing bonds and the Johannesburg Stock Exchange along with it although gains were muted all around. Trading was spare before the holidays and dealers repeatedly suggested the markets were “looking for direction”, indicating potentially volatile swings. The rand closed at R5,95 to the […]

OWN CORRESPONDENT, Johannesburg | Tuesday 8.30pm. JOE NDHLELA, former Transnet executive director, was on Tuesday appointed the new chief executive officer of the Premier Soccer League. The announcement was made by National Soccer League chairman Leepile Taunyane at the PSL’s offices in Johannesburg. Forty-three year old Ndhlela will take over from current CEO Trevor Phillips […]

OWN CORRESPONDENT, Johannesburg | Sunday 9.00pm. NOTORIOUS heavyweight boxer Mike Tyson will fight for the first time in nearly 19 months on January 16 when he makes his return to heavyweight boxing against South Africa’s Francois Botha. The return, however, might be short-lived as Tyson may be headed back to prison after he allegedly assaulted […]

OWN CORRESPONDENT, Manama | Monday 11.00pm. A JOINT Islamic bank may be set up in South Africa in 1999 if negotiations with prospective Gulf Arab partners are finalised, a senior banker said on Monday. ”Talks with prospective Gulf partners reached an advanced stage,” Eric Hirsch, general manager of South Africa’s Absa Bank International (ASAJ.J), said. […]

OWN CORRESPONDENT, Tripoli | Sunday 9.00pm. A SETTLEMENT of the Lockerbie affair is “close,” Libya’s foreign ministry said on Sunday, one day after United Nations Secretary General Kofi Annan met with Libyan officials in a bid to put an end to the matter “once and for all.” “A settlement of what is known as the […]

OWN CORRESPONDENT, Johannesburg | Thursday 9.00pm. AMERICAN golfing sensation Tiger Woods said on Thursday he wants to spread the word about golf to South Africa’s disadvantaged black children. Woods, on his first visit to the country, made his first comments about race since arriving last Monday for the Million Dollar challenge and a 10-minute meeting […]

President Nelson Mandela, in an interview published on Sunday, categorically ruled out a blanket amnesty for human right crimes committed during the apartheid era.

OWN CORRESPONDENT , Sun City | Friday 6.30pm. SATURDAY UPDATE: LEE WESTWOOD of Britain took the lead on Saturday. He shot a record-equaling 65 on Friday, then an inspired 66 on Saturday, putting him two shots ahead of Justin Leonard, with Tiger Woods and Nick Price four shots behind him. Ernie Els is two shots […]

Donna Block Zimbabwe’s stock exchange is the latest casualty of President Robert Mugabe’s stubborn pursuit of economic policies that have savaged the local currency and plunged Zimbabwe into the worst financial crisis of its 18-year history. Since the beginning of the year Zimbabwe’s share market (ZSE), once one of Africa’s brightest rising stars, lost 18,7% […]