There is a fundamental contradiction in the government’s economic approach. It has adopted a counter-cyclical fiscal policy with an eye to stimulating growth and development through increased spending and investment. State spending is directed in key areas to boost employment and relieve poverty.
Nedcor executives walked off with pay checks worth R109-million in 2002, having presided over the destruction of a quarter of the bank’s capital last year. Last week the bank announced a staggering R1,6-billion loss. Were Nedcor figures massaged to enrich executive carpetbaggers?
For no particular reason that I can fathom, the Dirty Duck on the Waterside in Stratford-upon-Avon is shut tight at this crucial time of the year. It is a mighty shame that this is all happening now, when my dear friend and colleague, Sello Maake kaNcube, is about to strut the Stratford boards for the first time, in the tricky role of Othello.
Tiger Woods captured his first title of 2004 when he defeated Davis Love three and two in Sunday’s 36-hole final to retain his title at the elite Match Play Championship. ”It was a tough day, but I hung in there,” said Woods, who was one down to Love at the halfway point of the match.
Rival New Zealand and South African cricket skippers will be warned to end their sledging battle, match referee Gundappa Viswanath of India said on Monday. The two sides meet in New Zealand on Tuesday in the sixth and last one-day cricket match in a series New Zealand has already won 4-1.
Kaizer Chiefs won through to the second round of the lucrative Absa Cup when they scored a hard-fought 3-1 win over Sundowns at the Odi stadium on Sunday. Chiefs led 1-0 at half-time. The first half was electric. Both sides produced quality soccer that saw the action swing from end to end.
”In a recent personal opinion piece Rob Turrell makes certain allegations and claims about the system of higher education in this country, students’ use of the right of access to information, and teaching and learning in the faculty of law at the University of Cape Town. His personal account, which purports to be of general significance, must be corrected by the facts, which I set out below”, writes Hugh Corder.
While he may have lost his appetite for dabbling with sinister weapons and rubbing shoulders with politically colourful characters, Libya’s Colonel Moammar Gadaffi has not lost his penchant for keeping everyone guessing.
Middlesbrough won a major trophy for the first time in their history on Sunday when they beat Bolton Wanderers 2-1 in the League Cup Final at the Millennium Stadium in Cardiff. Boro, who now qualify for the Uefa Cup, stung Bolton with two goals within seven minutes of the kick-off.
Moroka Swallows swept Hellenic aside in the first round of the Absa Cup competition at PAM Brink Stadium in Springs on Sunday and booked a place in the last 16 of the lucrative showpiece. The Beautiful Birds, as Swallows are popularly known, beat the Greek Gods 2-0.