Worlds apart, both the Havanna Biennial and AREA 2000 in Iceland interrogated the politics of space Koulla Xinisteris The theme of the seventh Havana Biennial was “Communication and Dialogue”. An engaging response to this theme was South African artist Willem Boshoff’s fragile sand installation, Writing in the Sand, which drew much attention from artists and […]

NIGERIA?S government says it is aiming for a GSM mobile phone licence price of over $300m as bidding for three licences heads for a third day with all five bidders – including South African-owned MTN Nigeria and Johnnic?s M-Cell – still in contention. In a country where telecommunications are normally abysmal, the Nigerian Communications Commission […]

TROUBLED South African gold miner Durban Roodepoort Deep Ltd has convinced the market it will soon return to profit and forecast a sharp rise in output this year, boosting its share price. The company kicked off South Africa’s gold reporting season with an after-tax loss of R8.9m in the three months to December 31, significantly […]

SOUTH Africa’s fund managers believe their country will escape the global economic slowdown unscathed, with 83% surveyed by Merrill Lynch predicting stronger growth this year. The poll also found that a net 96% predicted a favourable corporate earnings outlook over the next 12 months. The fund managers said they remained strong buyers of financial stocks […]

NORTHAM Platinum has launched a bid for Kroondal Platinum, a move aimed at growing its business and lifting its profile in the metals industry. Northam, South Africa’s fourth largest platinum miner, said it would consider a R40 per share offer for Kroondal, a significant increase on rival Australian miner Aquarius’ R32 a share bid. Aquarius […]