DIMENSION Data Plc is to take over US information technology group TimeBridge Technologies in a R972m cash deal in its fourth takeover in the US this year, business daily Sake-Beeld reported. The group says it will invest another R108m in TimeBridge to redeem R35m of debt and boost operating capital. Didata will pay R484.65m initially […]

Own Correspondent, Johannesburg | Thursday IN a ruling which could have major repercussions on labour policies, the Constitutional Court has ordered that a man denied employment by South African Airways because he was HIV positive be offered the job as a cabin attendant with immediate effect. Judge Sandile Ngcobo, who read extracts of the judgment, […]

ESKOM is to become a fully fledged company in the first quarter of next year in terms of a draft Bill debated in Parliament recently. Stakeholders have long been aware that Eskom will be converted from a commission to a company, but enabling legislation has been delayed because of union opposition based on fear of […]

THE former Sierra Leone rebel leader Foday Sankoh has been diagnosed with prostate cancer, a prison official said. Sankoh, who has been in custody since May, reportedly took ill some three weeks ago and his condition has been described as “critical”. Sankoh, who is believed to be around 70 years old, launched a bush war […]

CLUTCHING their meagre possessions and clinging to their mothers, five Ugandan children set foot on home soil years after rebels abducted their mothers and took them to Sudan. The mothers and children were the second group to arrive at Entebbe Airport this week following the Sudanese government’s promise at a conference in Canada earlier this […]

DARREN SCHUETTLER, Johannesburg | Thursday MINING giant Anglo American Plc says fundamental changes are needed to reverse eroding investor confidence in Zimbabwe, where it has put a platinum project and new investments on hold. Anglo Chief Executive Tony Trahar said he had confidence in Zimbabwe’s long-term future, but of prime concern was the country’s economic […]

ANGLO American Plc Chief Executive Tony Trahar says there is ”no particular logic” anymore for Anglo’s cross-holding with sister company, diamond giant De Beers. Trahar said diamonds would continue to play a key role in Anglo’s future, but declined to be more specific. ”Both businesses are performing extremely well and they contribute to each other’s […]

FRANCE Telecom is in talks with Motorola Inc to buy the US firm’s stake in mobile phone operator Egyptian Company for Mobile Services (MobiNil), a source said. MobiNil is one of two current mobile operators in Egypt. Motorola holds an 18% stake in MobiNil, while France Telecom holds 23.5% and regional mobile phone operator Orascom […]

THE Nigerian government has begun talks with oil industry monitors to avert a planned strike by the workers over pay, industry officials said. The white-collar PENGASSAN oil workers union of the Department of Petroleum Resources (DPR) last week gave the government until September 29 to effect the payment of a 10% increase in salary and […]

ZAMBIA’S ruling Movement for Multiparty Democracy won all eight parliamentary by-elections contested this week, electoral officials said. The by-elections were called after the expulsion of former environment minister Ben Mwila and his supporters from the MMD two months ago after Mwila said that he would be a candidate in next year’s presidential election. Neither Mwila […]