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/ 30 August 2001

July M3 surge doesn’t worry analysts

MARIAM ISA, Johannesburg | Thursday SOUTH Africa’s broad M3 measure of money supply surged by 17,77% in the year to July, data on Thursday showed, but analysts said the outlook for rate cuts was intact. The central bank said the main reason for the sharp increase which surpassed forecasts of a 15,5% rise was the […]

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/ 30 August 2001

Peeved arms contrator had two deep throats

Johannesburg | Thursday DISGRUNTLED defence contractor Richard Young had more than one ”deep throat” feeding him with classified inside documents he used to raise doubts about South Africa’s arms deal. Not all the information he received was authentic, the public hearings into the deal revealed in Pretoria on Wednesday. Young was being cross-examined by Shane […]

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/ 30 August 2001

‘TEARGAS CAUSED ELLIS PARK PANIC’

TEARGAS fired into the crowd in the north-eastern stand of Ellis Park on the night of the soccer stampede in April had caused the crowd to panic, an Orlando Pirates supporter said on Tuesday. Johannes Mofokeng was testifying at the commission of inquiry into the April 11 stampede at a Premier League Soccer match between […]

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/ 30 August 2001

TWO QUESTIONED OVER MAGISTRATE’S MURDER

TWO men were detained for questioning on Tuesday night in connection with the murder of Pinetown magistrate Tony Hofert on Monday, Durban police said. Hofert, who died on his 46th birthday, was shot dead shortly after dropping his child off at a local high school. Captain Vishnu Naidoo said on Wednesday that a vehicle believed […]

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/ 29 August 2001

A misty tumulus

The colonial belief that Africa was a continent without a history has given way, in some quarters, to the contention that it once harboured technologically advanced cultures aplenty. While there is still puzzlement about how the pyramids were built there is, in parallel, argument about exactly how African the ancient Egyptians were.

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/ 29 August 2001

Zimbabwe opposition unveils economic recovery plan

Harare | Wednesday ZIMBABWE’S main opposition, the Movement for Democratic Change (MDC), vowed on Tuesday to revive the collapsing economy if voted into the presidency next year, and unveiled a 1 000-page scheme on how it would run the economy through 2004. The economic scheme was the most specific proposal yet of how the two-year-old […]

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/ 29 August 2001

UNREST, CHOLERA DENTS SWAZI TOURISM

POLITICAL turmoil and a cholera outbreak scared international tourists away from the small southern African kingdom of Swaziland last year, a new Central Bank report indicates. The disruptions sparked a flood of cancellations in the second half of 2000, resulting in a 4% drop in bed nights sold at major hotels. The Central Bank report […]

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/ 29 August 2001

GIRLFRIEND MAY HAVE PASSED PRISONER A GUN

AN Mpumalanga convict who shot and killed a prison warder and escaped last Friday may have been given the gun by a girlfriend. Witbank police are trying to trace the woman who was seen speaking to escapee Francois Johannes Bloem (36) outside the Germiston Magistrate’s Court on Friday. Bloem then got into a car with […]