OWN CORRESPONDENT, Johannesburg | Tuesday 4.20pm. RESERVE Bank deputy governor Gill Marcus called for greater clarity on the country’s new competition laws to prevent costly delays on mergers and acquisitions. Toothless two-decade-old competition legislation was overhauled last September but parts of the new Act have been criticised for leaving gaps and creating confusion. Most recently […]
OWN CORRESPONDENT, Cape Town | Tuesday 11.45am. SOUTH African soccer league officials will meet in Johannesburg on Tuesday to discuss match-fixing allegations that threaten the country’s bid to host the World Cup finals in 2006. First division club City Sharks are alleged to have been paid R7000 rand to throw a game against Dynamos, a […]
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THE South Deep joint venture and the National Union of Mineworkers have signed a long-awaited deal to bring labour peace to one of the country’s biggest gold mines. The agreement, which covers a wide range of operational issues, ends months of wrangling between the union and joint venture partners, Canadian miner Placer Dome and South […]
AFRICAN National Congress parliamentarian Peter Mokaba has been fighting a serious but as yet unnamed illness since October last year. The sickness has kept Mokaba, a member of the mineral and energy affairs portfolio committee, out of parliament for more than five months. Portfolio committee registers indicate he last attended a sitting on October 20 […]
THE railway link between South Africa and Zimbabwe is to be reopened this week after flood-damage forced its closure five weeks ago, Spoornet said on Monday. Spokesman Mike Asefovitz a railway bridge and 14km of track washed away in the February floods has been replaced, and trains would resume running on Thursday. The line was […]
A PETROL tanker overturned and caught alight on the N3 highway near the Gillooly’s interchange in Johannesburg early on Friday morning, injuring the driver. Germiston traffic officials said the accident happened at about 5am. The highway has been closed for mopping-up operations and should be re-opened at about 2pm. The driver, who broke a leg […]
TWO children aged nine and seven died when a grenade was deliberately flung at them in a weekend attack on a village near Namibia’s unstable frontier with Angola. Six villagers at Thikanduko on the border were killed and six others injured when bandits raided the village on Saturday. The children and two adults were ordered […]
US leaders have reached a tentative agreement to extend new trade privileges to Africa, the Caribbean and Central America. Final passage of the legislation after years of negotiations will give a much-needed boost to President Bill Clinton’s free-trade agenda, set back by the collapse in December 1999 of World Trade Organisation talks in Seattle. Under […]
A JUDICIAL inquiry into South African cricket will only get going once an appropriate judge, who will head the inquiry, is identified — and depending on his or her availability. It was anticipated that the inquiry would get going on Monday. But Graham Abrahams, the spokesman for Sports Minister Ngconde Balfour told ZA*NOW on Monday […]