SASOL Chemical Industries is to buy chemical group AECI’s 50% interest in Fedmis Phalaborwa, a manufacturer and seller of phosphoric acid, the companies said this week. The sale is subject to approval by the Competition Commission, AECI and Sasol said in a statement. AECI said the sale was in line with its intention to refocus […]

MARIAM ISA, Cape Town | Tuesday SOUTH African Finance Minister Trevor Manuel has painted a rosy picture for the economy, predicting a sharp pickup in growth and lower inflation, which he said would allow interest rates and taxes to fall once again. ”The underlying economy is strong. That is exceedingly important to understand,” Manuel said […]

ZIMBABWE war veterans’ leader Chenjerai Hunzvi has told a court he suffered injuries to his head, back and legs during the 1970s independence war, as his trial resumed for making fraudulent compensation claims. Hunzvi, a member of parliament for President Robert Mugabe’s ruling ZANU-PF party, is accused of falsely claiming Z$476,265 from the National War […]

NATIONAL Director of Public Prosecution Bulelani Ngcuka and London’s Commissioner of Metropolitan Police John Stevens have produced a formal draft agreement on closer co-operation following last week’s four day visit by members of Scotland Yard to South Africa. They also met with the elite investigation unit, the Scorpions, and SA Police Service senior officers in […]

THE Angola Supreme Court said this week it had slapped suspended prison sentences on three journalists for defamation earlier this year. Two journalists were convicted of insulting President Jose Eduardo dos Santos, while a third was found guilty of defamation of an aide to the president, the court said. Rafael Marques, known for his human […]

A BI-NATIONAL police task team recovered almost 200 stolen South African vehicles from Mozambican motorists in the capital of Maputo last week. Interior ministry spokesman Abilio Quive said a joint team of police, customs and Attorney General officials from both countries seized 90 vehicles on Tuesday alone. “Word immediately spread about the operation and people […]

TWO Malawians were killed and three others seriously injured when a suspected anti-personnel mine exploded near the border trading town of Muloza at the weekend. Witnesses told police the men were fishing in the Muloza river near Malawi’s border with Mozambique, when one of the younger men netted a “strange metal object”. The device exploded […]

TWO civil servants in Mpumalanga have been arrested in connection with fraudulently using a government order form to order 1 000 boxes of A4 paper. The two men allegedly collected 500 of the boxes, worth over R30 000, from Corridor Stationery on October 19. But they were caught out when the company phoned to remind […]