ELLIS MNYANDU, Johannesburg | Saturday SHARES in South African Breweries (SAB), the world’s fifth-largest beermaker, rose sharply on Friday amid expectations of either a merger or a takeover involving a major European peer. ”There are expectations that we may soon see some kind of a merger or some partnership deal coming through. That is putting […]

SOUTH Africa’s Sea Harvest Corporation has delisted from the Johannesburg bourse because 90% of its shares are held by controlling shareholders and employees, the company said. ”The amount of shares being traded no longer justified the cost of retaining the listing,” Sea Harvest chairman Chris Nissen said in a statement. Minority shareholders have been offered […]

BRITISH American Tobacco South Africa, which holds the lion’s share of the market in the country, said it would end advertising on December 31, four months before a legal ban comes into force. The ban would mean the end of sponsorship for events such as the Rothmans Cup soccer tournament, the Peter Stuyvesant Music Spectaculars […]

PARANOIA, professional jealously and conspiracy theories have made normal management at the University of the North impossible, a national education department probe found this week. Education Minister Kader Asmal said in a statement that government was left with little choice but to appoint an independent management team headed by a handpicked administrator to try and […]

OWN CORRESPONDENT, Johannesburg | Sunday FORMER South African president Nelson Mandela has told a trade union rally that no white party can run South Africa, attacking the opposition Democratic Alliance in a bid to win votes for the ANC in Tuesday’s municipal elections. “You must not be misled by a party that only cares for […]

OWN CORRESPONDENT, Addis Ababa | Sunday MORE than 1500 key Africans are gathering here for a four-day forum to forge consensus on an African-owned, African-led response against the Aids pandemic on the continent. The organisers of the Addis Ababa “interactive forum” say the gathering aims to break a wall of silence and rejection around the […]

BARRY STREEK, Cape Town | Friday OUSTED Western Cape MEC and former member of the Democratic Alliance, Freda Adams, has upped the stakes in her sexual harassment battle with DA mayoral candidate Peter Marais, providing details of his raunchy and unsolicited advances. She has now signed a sworn affidavit giving particulars and dates of her […]

ALLAN SECCOMBE, Johannesburg | Saturday SOUTH African consumers could be hit by meat shortages and price hikes this festive season after the government banned livestock imports from Namibia because of a new outbreak of foot-and-mouth disease, officials said. ”It’s a worry for us because that is a big supply source. Abattoirs and feedlots face a […]

MARIAM ISA, Johannesburg | Friday SOUTH Africa’s stock exchange has unveiled plans for an electronic link to the London Stock Exchange in a bid to boost disappointing trading volumes and stem a recent tide of offshore listings. The Johannesburg bourse’s Securities Exchange Executive President, Russell Loubser, said the coveted link to the LSE could be […]