OWN CORRESPONDENT, Johannesburg | Tuesday 11.00am. THE government has agreed that South African Airways will take responsibility for R1-billion of Transnet’s pension fund deficit and debt, laying the groundwork for SAA’s partial privatisation and balance sheet restructuring. Business Day reported on Tuesday that the government and Transnet will absorb SAA’s remaining R3-billion portion of Transnet’s […]

OWN CORRESPONDENT, Harare | Tuesday 3.45pm. THE International Monetary Fund has suspended $55-million in aid to Zimbabwe after the government’s seizure of 841 white-owned farms last week, Western diplomats said on Tuesday. The IMF believes that the seizures contradict decisions reached during round-table talks held in Zimbabwe in September where it was agreed that an […]

OWN CORRESPONDENT, Johannesburg | Tuesday 9.15pm. RWANDAN President Pasteur Bizimungu, whose country backs rebels in the Democratic Republic of Congo, said on Tuesday that he is prepared to “reach out the hand of peace” to DRC President Laurent Kabila during this week’s Franco-African summit in Paris. “I am absolutely prepared to meet President Kabila in […]

OWN CORRESPONDENT, Johannesburg | Tuesday 7.45pm. Announcing the group’s interim results, Anglo chairman Julian Ogilivie Thompson said total net earnings, which include the surplus arising from the sale of a number of investments, including the Del Monte group, JCI and Consolidated Matallurgical Industries, fell to R3,076-billion from R3,864-billion last year. The group’s balance sheet at […]

OWN CORRESPONDENT, Bloemfontein | Monday 2.00pm. SOUTH African captain Hansie Cronje handed down a warning to the West Indies just three days ahead of the first Test here on Monday when he led his Free State provincial side to a remarkable two wicket win over the tourists. Cronje, who was unbeaten on 158, and fast […]

OWN CORRESPONDENT, Johannesburg | Sunday 11.30pm. KAIZER Chiefs once again overran their opposition on their way to the top of the Castle Premier League table when they beat Supersport United 4-2 at the Rand Stadium in Johannesburg on Sunday. Chiefs scored early in the match when Mark Batchelor blasted in a penalty after Siyabonga Nomvete […]

OWN CORRESPONDENT, Johannesburg | Sunday 1.00pm. ORLANDO Pirates suffered a disappointing defeat on Saturday at the FNB Stadium when they went down 2-1 to Mamelodi Sundowns in a somewhat one-sided Castle Premier League Soccer match. The Buccanneers took an early lead when striker Steve Lekoelea, who interchanged passes with Dumi Ngobe, scored in the eighth […]

OWN CORRESPONDENT, Johannesburg | Sunday 5.00pm. THE widow of Alan Paton, the champion of black rule and renowned author of Cry, the Beloved Country, said on Sunday that she is leaving South Africa because she is too terrified to live in such a crime-ridden environment. Anne Paton, 71, said in an article published in Britain’s […]

SARAH BULLEN, Johannesburg | Monday 5.20pm. SOUTH AFRICA’S real Gross Domestic Product fell a weighty annualised 2,3% during the third quarter of 1998, compared with the second quarter of 1998, according to the latest figures released by Statistics South Africa on Monday. The figures surprised even the most pessimistic economists, falling way below the market […]

DICKSON JERE and SAM MUJUDA, Luanda | Monday 2.45pm. Angolan rebel leader Jonas Savimbi is still receiving arms from the international community, his former secretary general and leader of the Unita splinter group, General Euginio Manuvakola, has charged. Manuvakola, speaking at the celebrations to mark the 4th anniversary of the stalled Lusaka Peace Protocol on […]