PHILIPPE BERNES-LASSERRE, Johannesburg | Wednesday THE economy in South Africa, as other emerging markets, has taken knocks after last year’s attacks in the United States and amid fears of global recession, but the worries here are stagnation in growth and employment rather than an Argentina-style crisis. The rand sharply depreciated against key world currencies in […]

Copenhagen, Harare | Thursday AS Denmark signalled it’s intention to cut aid to Zimbabwe, and other nations maintained by ‘dictators’, Zimbabwe’s Foreign Minister Stan Mudenge slammed the European Union and the Commonwealth for threatening sanctions, accusing the bodies of perpetuating “an archaic colonial relationship”. Mudenge’s comments were the first official government reaction to an EU […]

IRAQ and Sudan aim to set up a free trade zone, Iraqi Trade Minister Mohammed Mahdi Saleh said Monday at the start of a visit by Sudanese Foreign Trade Minister Abdel Hamid Mussa. “The creation of a free trade zone between Iraq and Sudan and the means to expand commercial cooperation between the two brotherly […]

The Inkatha Freedom Party appealed to the Northern Cape government on Wednesday to supply the anti-retroviral drug Nevirapine to state hospitals in the province. “It is morally unjustifiable to withhold anti-retrovirals from pregnant mothers and their unborn children. “Withholding can be seen as a crime against humanity and our future generation,” provincial IFP leader Hennie […]

GHANA’S national flag-carrier Ghana Airways, facing mounting debts and an inability to break even, is on the brink of collapse, the company’s acting chief executive has said. Ghana Airways, which employs 1 400 people, is saddled with $150-million worth of debt, Kofi Kwakwa told the state-owned Daily Graphic in an interview published on Monday. He […]

TONGAAT-Hullett’s Sugar Personnel Services offices outside Tongaat north of Durban have been gutted by a fire, SABC radio reported on Tuesday. The fire broke out just after 5pm on Monday afternoon. It was brought under control, but debris was still falling from the ceiling on Tuesday morning. Parts of the building was also still smouldering. […]

Johannesburg | Thursday Anglogold headline earnings were up by 16% to $88-million (R924-million) for the quarter ended 31 December, the company announced on Thursday. Addressing reporters in Johannesburg, company chairman and chief executive Bobby Godsell said although gold production was down four percent to 1,7-million ounces for the quarter, well contained costs and a higher […]