By David McKay The appointment of mining entrepreneur Tokyo Sexwale to the board of Absa, South Africa’s third-largest bank, is another step in the former politician’s climb up the South African business ladder. It is further evidence of Absa’s resource-banking ambitions. The bank is reputed to be heavily under-lent by between R6-billion and R13-billion, and […]
Paul Kirk Following a Mail & Guardian expos of claims of cruelty, sadism and sexual assault at the Pretoria Police Dog School last week, one of the most senior female police officers in South Africa has been tasked with investigating allegations against the school. Until this week the investigation into brutality against female and black […]
THE South African bourse started weaker on Friday pressured by gold stocks on a retreating bullion price, but IT shares provided support, dealers said. By 0730 GMT, the benchmark all share index had lost 0.43% or 40.2 points to 9,411.9, weighed by the world’s largest gold miner AngloGold and parent company Anglo American. AngloGold fell […]
PRESIDENT Vladimir Putin said Russia had no plans to sell gold to raise funds to help victims of floods in Siberia’s Yakutiya region. Russian news agencies on Thursday quoted Putin as saying he intended to sign a decree on gold and diamond sales if a clear scheme was presented to him ”to help people now […]
A PYTHON swallowed a baby minutes after it was born near the central Zambian town of Serenje, state television reported. Heavily pregnant Joyce Mibenge was on her way to plough fields one mile from her home when she went into labor, ZNBC reported. Halfway home, she was overwhelmed by labour pains and retreated into a […]
AN orphan kidnapped in June 2000 by Angola’s main rebel group has escaped and managed to make his way to the town of Kuito, the aid agency that was caring for him said this week. ”We can confirm that the child has arrived in Kuito, but we have not yet had any contact with him,” […]
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A third South African police officer has been arrested for his apparent involvement in a group that are said to have raped young girls, The Star reports. The arrest this week follows investigations of at least 15 members of Pretoria’s Flying Squad. By Monday, four girls had already made statements to the investigating officers, and […]
THE Rwandan army killed 35 rebels and took into custody 21 others, most of them minors, after they launched an attack in a town in northwestern Rwanda, the deputy army chief said this week. The attack in Nyamutera, near Ruhengeri, was launched early on Sunday and continued until Monday morning, according to Brigadier General James […]
US Secretary of State Colin Powell left Washington late on Tuesday for his first African tour, a five-day trip that ends on Sunday. The trip is seen as an effort by the new administration to maintain US interest in Africa, building on the personal attention lavished on the troubled continent by former president Bill Clinton, […]