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/ 14 December 2000

ANC councillors defy national leadership

SIZWE SAMAYENDE and JUSTIN ARENSTEIN, Middelburg | Thursday AFRICAN National Congress (ANC) councillors in Middelburg, Mpumalanga, have ousted the city’s proposed executive mayor in a clear show of defiance against the party’s national leadership. The revolt is the most extreme protest yet by disgruntled provincial ANC members who are campaigning against the party’s national executive […]

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/ 14 December 2000

Africa’s debt ‘due to bad management’

BRIAN LIGOMEKA, Grahamstown | Wednesday AFRICA’S growing debt burden is largely due to poor or corrupt political leadership and reckless economic management, the International Monetary Fund (IMF) said this week. IMF programme co-ordinator for southern Africa, El Tigani Ibrahim, said increasing numbers of African countries were struggling to service debt repayments because their political leaders […]

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/ 14 December 2000

94 000 FLEE FIGHTING IN GUINEA

RENEWED heavy fighting between government troops and insurgents has driven at least 94 000 desperate people to flee the Kissidougou region of southern Guinea in two days, the UN refugee agency said. The desperate plight of hundreds of thousands of local people and refugees caught up in the conflict in Guinea’s border area was a […]

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/ 14 December 2000

3 DROWN AS SA FLOODS AGAIN

THREE people have drowned and four others are missing after heavy rains and floods in the eastern and northern parts of South Africa at the weekend, police said. In KwaZulu-Natal a policeman was washed away while trying to wade through the swollen Qwasha river, witnesses said, while rescue workers found the bodies of three taxi […]

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/ 14 December 2000

African countries shelter genocide suspects

OWN CORRESPONDENT, Arusha, Tanzania | Thursday THE United Nations’ chief war crimes prosecutor says two African countries – suspected to be Kenya and the Democratic Republic of Congo – are sheltering some of the most wanted suspects of Rwanda’s 1994 genocide. Carla Del Ponte, the Chief Prosecutor for the International Criminal Tribunals for Rwanda and […]

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/ 14 December 2000

Bizarre broadsides from Batty Bob

OWN CORRESPONDENTS, Harare | Thursday ZIMBABWEAN president Robert Mugabe has lashed out at his country’s courts, the British government and South Africa opposition leader Tony Leon in a belligerent display preceding his ruling ZANU-PF party’s convention. Mugabe vowed to press ahead with his controversial land seizure plan, attacking the judiciary for trying to protect ”white […]

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/ 14 December 2000

LIBERTY SECURES MASSIVE LOAN

LONDON based property and financial services firm Liberty International has secured a 730m pound 15 year non-recourse term and revolving loan facility. The facility will allow it to retire some short-term debt and invest more in the shopping centre portfolio of its subsidiary Capital Shopping Centres Plc. – Reuters

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/ 14 December 2000

Namibia switches gears on land reform

OWN CORRESPONDENT, Windhoek | Thursday NAMIBIAN President Sam Nujoma has announced plans to repossess under-utilised commercial land to resettle thousands of landless blacks, but his government has ruled out Zimbabwe-style land grabs. ”Land that is not being effectively utilised must be repossessed by the state in accordance with the law,” Nujoma said in an address […]

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/ 14 December 2000

OBASANJO’S JOY OVER DEBT RESTRUCTURING

PRESIDENT Olusegun Obasanjo has welcomed the decision by the Paris Club of creditors to restructure Nigeria’s foreign debt as a victory for his diplomacy. Foreign governments agreed to reschedule payments due on $21bn in debt arrears and to offer concessions in interest and loan repayments of $2.4bn due between August 2000 and July 2001. Since […]

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/ 14 December 2000

REMBRANDT MEMBER QUITS GOLD FIELDS

SOUTH Africa’s Gold Fields said this week that Emil Buhrmann had resigned from the company’s board of directors. Buhrmann had represented the Rembrandt Group on the board of Gold Fields, the country’s second biggest gold producer. His resignation followed Rembrandt’s agreement last week to swap an 11.3% stake in Gold Fields and 7.1% interest in […]