SOUTH African IT group Datatec CEO Jens Montanana says he expects an surge in Logical’s business after restructuring of the UK-based e-business integration subsidiary, as well as a sharp rise in Datatec’s US unit Westcon’s sales of Cisco products. ”We have been busy with the restructuring of Logical…the pain is over,” he told reporters. ”We […]

SOUTH Africa’s largest sugar producer Illovo Sugar has posted a 27% drop in interim headline earnings per share and said it expected a 30% fall in full-year earnings per share. It blamed the fall in headline earnings per share, which strip out exceptional items and their tax effect, to 31.5 cents from 43.4 cents previously […]

JEREMY LOVELL, Cape Town | Thursday A ROW over land ownership between the South African government and tribal leaders is threatening to derail local elections due next month. ”We do not want to force a postponement, but we are now at a crisis,” said Nkosi Mzimela, chairman of the National House of Traditional Leaders. ”Until […]

NAMIBIA spent 100 million Namibian dollars in allowances for over 2 000 troops deployed in the Democratic Republic of Congo (DRC) in the past seven months, Finance Minister Nangolo Mbumba said this week. Tabling the revised budget for 2000/2001 in the National Assembly, Mbumba said the unbudgeted expenditure was approved in terms of the Namibia […]

OWN CORRESPONDENT, Johannesburg | Thursday LONDON-listed minerals explorer Randgold Resources returned to the red in the quarter ended September 30 and said it had narrowed its options for the troubled Syama gold mine. Randgold reported a loss of $6.9m in the September period compared to a $70.5m profit in the previous quarter to June. The […]

OWN CORRESPONDENT, Durban | Wednesday PHARMACEUTICAL companies are fuelling the myth that anti-retroviral drugs are the only way forward in the fight against HIV/Aids because “they have a vested interest in doing so”, says Health Minister Manto Tshabalala-Msimang. Speaking at the launch of the South African Mayors’ Chapter Launch on HIV/Aids, Tshabalala-Msimang said there was […]

OWN CORRESPONDENT, Johannesburg | Wednesday SIX South African policemen have been arrested after shocking video footage of police dogs being set on suspected illegal immigrants was aired on nationwide television, police Commissioner Jackie Selebi said. At least six police officers, all of them attached to the Northeast Rand dog unit, participated in the gruesome game, […]

FIVE foreign airlines have been listed as future investors in Nigeria Airways, the struggling national air carrier slated for privatisation, a senior official said. The airlines are KLM, British Airways, Virgin Atlantic, Singapore Airways and South African Airways. The government has agreed to offer 40% of the airline’s shares to the foreign investors, 20% to […]

OWN CORRESPONDENT, Johannesburg | Wednesday IN a massive black empowerment deal, Anglo Coal and Ingwe have sold coal interests worth R360m to Eyesizwe Coal to create the fourth-largest coal producer in South Africa. The transaction, initiated by Anglo Coal and Ingwe, involved selling coal interests previously held by these two companies and known provisionally as […]

TANZANIAN health authorities this week launched a probe into the country’s first suspected Ebola case. National health secretary Mariam Mwaffisi confirmed that government had dispatched a team of experts to Kagera, on Tanzania’s border with Uganda. Tanzania began taking precautionary measures to contain and treat Ebola immediately after an outbreak was reported in neighbouring Uganda’s […]