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/ 24 February 1998
TUESDAY, 3.00PM: OUSTED Sierra Leonean President Ahmed Tejan Kabbah is reported to have arrived in Nigeria’s federal capital, Abuja, on Monday. Kabbah, who has been in exile in Conakry, Guinea, since a military junta overthrew his elected government in May last year, is expected to meet Nigerian military ruler General Sani Abacha on Tuesday. The […]
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/ 24 February 1998
TUESDAY, 6.00PM: THE Zimbabwe Stock Exchange has introduced new listing requirements to bring local listing laws in line with the rest of the Southern Africa region in order to attract foreign investment to the local bourse. ZSE Deputy Chief Executive Emmanuel Munyukwi said companies with operations in more than one country will now be able […]
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/ 24 February 1998
TUESDAY, 1.00PM: A CUT in group tax liability after the acquisition of OK Bazaars lifted Shoprite Checkers’ headline earnings by 19% to 19,7c a share for the six months to December 31. Shoprite is the largest supermarket group in the country, with a combined turnover of R17-billion. Managing director Whitey Basson said tax liability had […]
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/ 23 February 1998
MONDAY, 12.00NOON: THE government may be forced to revise its tough stance on the fiscal control and budget-deficit targets laid out in its growth, employment and redistribution (Gear) strategy, and find a balance between practising rigid fiscal control and addressing the “social deficit” highlighted by cutbacks in education, health and other social services. Commenting on […]
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/ 23 February 1998
MONDAY, 12.15PM: ZIMBABWEAN Nick Price won the R1,9-million Dimension data Pro-Am by five shots at Sun City on Sunday, successfully defending the title he won last year. Price, who said the course set-up was extremely difficult, shot a 12-under-par 276, five better than fellow Zimbabwean and runner-up Mark McNulty. South African Tjaart van der Walt […]
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/ 23 February 1998
MONDAY, 1.45PM: NEW Zealand have beaten Zimbabwe by 10 wickets and a day to spare in the first of two Tests in Wellington on Sunday. With Zimbabwe dismissed for 250 runs in their second innings, the New Zealanders needed only 20 runs for victory, and openers Bryan Young and Matthew Horne knocked these off in […]
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/ 23 February 1998
MONDAY, 1.15PM: MAMELODI activist Stanley “Stanza” Bopape was given three electric shocks by police before he died in detention in 1988, according to testimony heard by the Truth and Reconciliation Commission on Monday. “His head fell forward, and I realised there was something wrong with him,” said former policemen Lieutenant-Colonel Adriaan van Niekerk to the […]
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/ 23 February 1998
MONDAY, 10.30AM: FORMER state president PW Botha has pleaded not guilty in the George Regional Court to charges brought against him after defying a subpoena to testify before the Truth and Reconciliation Commission to explain the role of the 1980s State Security Council, which ran the apartheid government’s campaign to contain rebellion by anti-apartheid activists. […]
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/ 20 February 1998
Plans for development and foreign investment may be at the expense of the rural poor, writes Craig Bishop ‘The Eastern Cape development train is in motion – don’t be left behind” was President Nelson Mandela’s rallying cry at the International Investors Conference in East London late last year. It was designed to build confidence in […]
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/ 20 February 1998
Jay Naidoo’s bid for greater broadcasting control has caused an outcry in and out of Parliament, reports Ferial Haffajee Broadcasting minister Jay Naidoo this week fired the first salvo in a battle for greater state control of broadcasting when he rushed badly drafted legislation before Parliament to commercialise the SABC. He also came under fire […]