Staff Reporter
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/ 27 August 1998

Heath asked to investigate Mpuma parks board

JUSTIN ARENSTEIN, Nelspruit | Thursday 6.00pm. SOUTH Africa’s top corruption investigator, Judge Willem Heath, has been asked to investigate senior Mpumalanga Parks Board directors and officials for corruption after they allegedly issued irregular promissory notes to a series of international financial institutions. Mpumalanga Premier Mathews Phosa confirmed in a statement to African Eye News Service […]

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/ 27 August 1998

Juniors off to a flying start

OWN CORRESPONDENT, Johannesburg | Wednesday 3.30pm. THE South African under-14 tennis teams competing in the NTT World Junior Tennis Final in Nagoya, Japan got off to a good start on Wednesday, with each team managing to beat one of the seeded teams. The boys’ team of Izak van der Merwe, Craig Smith and Shaun Ellison […]

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/ 27 August 1998

Body bags stir anger in Zimbabwe

OWN CORRESPONDENT, Harare | Thursday 11.00PM. ZIMBABWEAN soldiers have started to return home from the Democratic Republic of Congo — in body bags. The state-controlled media on Thursday reported that two Zimbabwean soldiers had been killed, three were missing and 15 injured following a rebel attack on Kinshasa, the DRC capital city, this week. However […]

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/ 26 August 1998

JSE pulls back from the abyss

SARAH BULLEN in Johannesburg | Wednesday 5.30pm. THE Johannesburg Stock Exchange lost 8% of its value this morning in a massive crash — but recovered somewhat in the late afternoon to close with losses of 6,21% — still one of the year’s largest falls. At midday all indices had taken some of their worst falls […]

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/ 26 August 1998

CPI up as mortgage rates rise

SARAH BULLEN, Johannesburg | Tuesday 5.00pm. THE inflation rate — the annual rate of change in the Consumer Price Index — was 6,6% at July 1998, the latest figures from the Central Statistical Services released on Tuesday indicate. This rate is 1,4 percentage points higher than the annual rate of 5,2% calculated in June, largely […]

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/ 26 August 1998

Bomb blast crashes JSE

SARAH BULLEN in Johannesburg | Wednesday 4.00pm. THE Johannesburg Stock Exchange had lost 8% of its value by 3.50pm on Wednesday, with shares gaining downward momentum by the minute as the fall assumes crash dimensions. All indices have taken some of their worst falls on record, with the financial index plunging 8,81% (868 points) and […]

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/ 26 August 1998

Economic recovery could be a while — Stals

SARAH BULLEN in Johannesburg | Tuesday 6.00pm. SOUTH Africa is experiencing a slowdown in economic activity, with economic growth weak and the current indicator of employment in the formal sectors of the economy having declined to its lowest level in nearly twenty years, was the word from Reserve Bank governor Chris Stals on Tuesday. Announcing […]

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/ 25 August 1998

Another cash heist foiled

LEONARD NDZHUKULA, Secunda | Tuesday 11.30AM TWO Coin Security guards were rushed to hospital on Tuesday morning after they where wounded while fighting off 12 heavily armed robbers in the third unsuccessful attempted cash-in-transit heist in Mpumalanga over the past two months. The attackers, armed with AK47s and R5 assault rifles, were unable to breach […]

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/ 25 August 1998

Unita warns that it has interests in Congo, too

OWN CORRESPONDENT, Johannesburg | Tuesday 11.00PM ANGOLAN rebel group Unita has said it has interests to defend in the Democratic Republic of Congo, but has stopped short of openly giving support for the insurrection against President Laurent Kabila. The Angolan government, which fought a 20-year civil war against Unita, is providing significant military support for […]

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/ 25 August 1998

Health minister’s relatives caught for fraud

SWAPNA PRABHAKARAN, Durban | Monday 7.00PM THE brother-in-law of Health Minister Nkosasana Zuma was arrested in KwaZulu-Natal on the weekend on suspicion of large-scale misappropriation of health department funds. Sipho Ngxongo, the director of health in Empangeni on KZN’s north coast, was arrested on Saturday in connection with R3,5-million which is missing from his department’s […]