Staff Reporter
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/ 28 January 1998

Financials hit new high

WEDNESDAY, 5.45PM: THE financial index on the Johannesburg Stock Exchange hit a new record high on Wednesday, helping the industrial and all share indices up 2% each. Unfortunately gold sank below the $299 per ounce level, carrying gold shares down more than 2,5%. After rising 290,2 points, the financial index closed at 11 075, beating […]

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/ 27 January 1998

Markets breathe easier

TUESDAY, 5.30PM: A SOLID day’s trading helped Johannesburg Stock Exchange industrial shares better themselves. Gold stocks fell on weaker bullion prices, but not as much as they could have, said dealers. The positive mood on the markets is probably linked to fewer worries about the Asian economies and a relatively stable Wall Street, despite the […]

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/ 27 January 1998

Radical Water Bill unveiled

TUESDAY, 5.00PM: WATER Affairs and Forestry Minister Kader Asmal on Tuesday unveiled a far-reaching new Water Bill that puts an end to private ownership of water. Asmal said in terms of the proposed new law, the right to use water will no longer be allocated primarily on the basis of land ownership, with allocations to […]

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/ 27 January 1998

Mandela accused of ‘rubber-stamping’ probe

TUESDAY, 12.00NOON: THE court application by the SA Rugby Football Union to pre-empt a judicial commission of inquiry into its affairs got off to a fiery start in the Pretoria High Court on Monday when Sarfu lawyers attacked President Nelson Mandela’s approval of the commission. Senior advocate Mike Maritz, representing Sarfu, the Gauteng Lions, Mpumalanga […]

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/ 26 January 1998

SA U19 stars beat Kiwis

MONDAY, 12.30PM: SOUTH Africa’s Under-19 cricket team may well be through to the final of the MTN Under-19 World Cup, if they can beat Sri Lanka. The tenacious South Africans beat New Zealand by five wickets at Newlands on Sunday after being set a target of 195. South Africa were, however, put under quite a […]

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/ 26 January 1998

Tiger mauls Els in Thailand

MONDAY, 12.30PM: TIGER Woods’ prediction came true when he beat Ernie Els in a play-off for the Johnnie Walker Classic title after being eight shots adrift entering the last day. Woods shot a 65, and then went on to beat Els on the second hole of a play-off with a 15-foot birdie putt. Woods had […]

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/ 26 January 1998

Flower ton gives Zim hope

MONDAY, 2.30PM: ZIMBABWEAN opener Grant Flower scored his first century in one-day cricket to take Zimbabwe to an imposing total of 281 for six in their third and final one-day international against Sri Lanka in Colombo on Monday. Flower, who was dropped twice by Sanath Jayasuriya on two and 18, made full use of his […]

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/ 23 January 1998

Judges are not exempt from review

Kader Asmal : A Second Look It is becoming apparent that a wrong view prevailed when it was suggested, before the transition to democracy, that all existing judges should have to go through a process of reappointment. I was among those who opposed the idea of reappointment, which was current, for instance, in circles such […]

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/ 23 January 1998

Making poverty a priority

Charlene Smith Barely a week after the pensions crisis in the Eastern Cape, a nationwide, million- rand inquiry into poverty is to be launched, where the poor will be asked to testify about the gravity of their situation. This will follow the first government report on poverty, which will be released by Deputy President Thabo […]