Despite economic crises, there’s money to be made on the stock exchange, writes Mark Allix Following the plunge of the Thai baht in July last year, the volatility on global stock exchanges is starting to take on biblical proportions – particularly the hellfire-and-brimstone warnings of the Old Testament variety. The 10th Commandment on covetousness and […]
David Beresford It was one of those definitive moments in South African history, a moment that Eugene de Kock had long been waiting for. His five heavily armed bodyguards had taken up nervous positions around the courtroom. PW Botha was sitting in a well-padded chair, placed next to the dock in vague acknowledgement that he […]
ruins Amid Renamo ruins At sunrise, Chief Nchiri invokes the ancestors. Sitting with the chief around a sacred pakassa tree are seven men, barefoot and bare-chested. Nchiri has a white cloth draped around his waist. Nchiri explains to the ancestors that builders from Beira want to demolish the ruined houses of Maringu. Many people died […]
Know your Mark Hughes from your Marcuse? With the World Cup less than a week away, even the intellectuals are muscling in on the beautiful game. Peter Lennon reports Predictably French philosophers, sociologists and literary critics are muscling in on the World Cup, peddling their cinq sous worth on the origins, motivation and significance of […]
Poverty, abuse, addiction and fear drive many women to sex work, writes Swapna Prabhakaran Durban in autumn is viciously deceptive. The sun still shines as if it were summer, but the wind comes in off the ocean, picks up grit and sand, and stings like ice-cold splinters wherever it touches flesh. On Durban’s beachfront there […]
in Swapo death camp Melissa Jones and Michael Gillard Recurring nightmares of torture have haunted Emma Kambangula for the past nine years. “In one, I am naked and being beaten with bundles of sticks by three men, while two others are restraining my daughter, Freda, who is crying, screaming and trying to run to me,” […]
Peter Makurube When Allen Kwela lost his beloved Gibson, the whole nation was up in arms. The daily paper Sowetan ran an article appealing to the muggers to return that national treasure. The criminals returned the guitar to the paper’s offices – intact. Kwela had been out drinking and was staggering home when a gang […]
The Media Sector of the Johannesburg Stock Exchange has risen by 70% since the October 1997 crash, but growth has only begun. Last week’s announcement that the board of industrial giant Johnnies Industrial Corporation Limited (Johnnic) had voted to implement a strategic re-alignment of Omni Media Corporation Limited (Omnicor) sets the sector on a future […]
Mukoni T Ratshitanga The African National Congress in the Northern Province this week met one of its allies, the Congress of South African Students (Cosas), in a bid to iron out differences between Cosas and MEC of Education Joe Phaahla. Relations between Phaahla and Cosas hit an all-time low last week when the provincial chair […]
The prospect of state schools closing their doors to the nation’s children next week is undoubtedly the biggest crisis this country has faced in four years of democratic government. The signs are everywhere that education has come off the rails; should there be a strike now, this schooling year might just as well be written […]