WEDNESDAY, 1.30PM: AMALIA Gold Mining and Exploration Company was placed under liquidation on Tuesday, in an action initiated by Standard Bank, which is owed R6,8-million by Amalia. Various other creditors include Diners Club, Stannic, MDM (the company that built Amalia’s gold plant), Haptics and former legal counsel Andre Thomashausen. Amalia’s shares lost 90% of their […]
IN BRIEF PAGAD MAN’S KILLER ACQUITTED EBRAHIM SATAARDIEN has been acquitted of murdering People Against Gangsterism and Drugs national secretary Sharief Khan. Khan was shot outside the York Road mosque in Lansdowne in July last year. Sataardien pleaded not guilty and said he had thought Khan was drawing his gun, after threatening to kill him. […]
TUESDAY, 11.45AM: SPRINGBOK World Cup hero Chester Williams will captain the 10-player South African squad to play in the Hong Kong Sevens tournament from March 27-29. The team is, however, going to war without any tried and tested firepower. The Super-12 series has first choice on players and, as a result, sevens coach Dawie Snyman […]
MONDAY, 11.45AM: THE Coastal Sharks reaffirmed their position as contenders for the Super-12 crown by demolishing the Western Stormers by 32-17 at Kings Park on Saturday. The Sharks and Springbok skipper Gary Teichmann scored two tries in a thrilling performance in front of his home crowd. Heartening to see was the return to form of […]
MONDAY, 12.45PM: TWO weeks of striking by security industry employees has been ended by a settlement reached between unions and employers over the weekend. The settlement follows the Labour Court of Appeal’s judgement on Thursday upholding a previous decision deeming the strike to be legal. In both cases, the applications of employers to have the […]
MONDAY, 2.00PM: SPORTS Minister Steve Tshwete said on Sunday that the constitutional “impasse” caused on Thursday when National Council of Provinces Chairman Patrick “Terror” Lekota refused to allow Finance Minister Trevor Manuel’s Adjustments Appropiation Bill to be debated after 10 Cabinet ministers failed to attend the sitting, was “resolved” after hours of top-level government deliberations […]
FRIDAY, 12.30PM: SOUTH African Elana Meyer broke her own world 21,1km best time at the Kyoto City half marathon in Japan on Sunday, exactly a year after beating German Uta Pippig’s time in the same race. Last March the athlete from Stellenbosch ran in a time of 67minutes 36seconds. She bettered that mark by seven […]
FRIDAY, 6.30PM: PAKISTAN’S batting collapsed in their second innings on Monday, leaving them reeling at 120/7. Asked to chase 394 for victory, the tourists were always going to have a hard task but, as in the first innings, their batting could not take the South African attack’s pressure. Allan Donald picked up two wickets, with […]
MONDAY, 6.30PM: ANGOLAN rebel movement Unita on Friday declared the complete demilitarisation of its troops, bringing to an end the tortuous demilitarisation process and finally meeting the key condition in the 1994 United Nations-brokered peace accord. The long-awaited declaration, signed by Unita vice-president Antonio Sebastiao Dembo, that “Unita declares its complete demilitarisation from today, March […]
MONDAY, 12.45PM: AFRICAN Explosives and Chemical Industries (AECI) has reported a 14% drop in full-year earnings, but says it will return to a real earnings growth this year. Group managing director Mike Smith attributed the earnings drop to R187-million lost at the Kynoch fertiliser plant through production difficulties and low nitrogen prices. Most of the […]