Staff Reporter
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/ 26 June 1998

`Asian contagion disguises Wall Street

madness’ As a falling yen caused stock market ripples, famous economist John Kenneth Galbraith, approaching 90, speaks to Ben Laurance and William Keegan Let’s start with Japan. What do you see as the medium-term and long-term game? Japan is still in the aftermath of one of the great speculative episodes of our time – both […]

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/ 26 June 1998

Jo’burg’s dynamo will hum in 2010

Richard Tomlinson outlines a truly African scenario for Johannesburg in the 21st century Mayivuke, an inner-city vision and development strategy for Johannesburg, was launched with fanfare and great expectations a year ago. But its vision was vague and unrealistic, probably because it was not underpinned by an examination of economic and social trends. Business leaders […]

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/ 26 June 1998

Squirms of endearment

Robert Kirby: Loose Cannon As the Cold War faltered and ended, the civilised world breathed a sigh of cautious relief. At incredible expense in lives and hope, rampant socialism had been put back in its box. Before that it had been Hitler, just as expensive to crate and pack away. And so the list goes […]

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/ 26 June 1998

Master drummer dies

Phillip Kakaza Zimbabwean master drummer Jethro Shasha, well-known on the South African music scene, died at the age 46 last Sunday, having suffered for many years from diabetes. He played with many top musicians, including Malian Salif Keita. He was due to do a live recording with pianist Paul Hamner this weekend. Touched by Shashas […]

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/ 26 June 1998

Killing off the middle class

One thing is clear amid all the uncertainty: South Africa’s economy is in big, big trouble, writes Ferial Haffajee Like emergency tow-truck drivers who rub their hands together eagerly when an accident report crackles over their citizen- band radios, the repo men are waiting. A month or so after an interest-rate hike, business picks up […]

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/ 26 June 1998

Kill the cow, ruin the farmer

A black commercial farmer in the Free State claims to have been sabotaged by some of his white counterparts, writes Ann Eveleth The vultures started descending on Isaac Khumalo’s Vredefort farm soon after he took the plunge into commercial agriculture in December 1995. Thirty-one-year-old Khumalo, the Free State vice-chair of the Emerging Red Meat Producers […]

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/ 26 June 1998

Mbuli trial continues despite cop’s

suicide Tangeni Amupadhi The bank robbery trial against Mzwakhe Mbuli got off to an inauspicious start this week when one of the officers who arrested the poet committed suicide and the probe into police actions surrounding Mbuli’s arrest continued. Prosecutor Johann Kok said this week he would not hold off until the Independent Complaints Directorate […]

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/ 26 June 1998

Paris no longer calls the shots

Gregory Mills French President Jacques Chirac’s visit to South Africa this week occurs at a moment of transformation in France’s relationship with Africa. It also comes at a particularly bad time for Africa, with a number of states moving in status from “transition” to “upheaval”. Just four years ago, Paris’s compulsion to remain engaged with […]

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/ 26 June 1998

Africas last best hope

Roy Collins World Cup As the Nigerians jump to the instructions of coach Bora Milutinovic in the shadow of their magnificent temporary home, the Chateau de Belinglise at Elincourt-Sainte Marguerite, 64km north of Paris, it is clear that one player is working in splendid isolation. The Nigerians being less happy campers than the Dutch or […]