SALDANHA has partnered with Didada for the supply of equipment and services to project manage its SAP processing and storage hardware and Tru 64 Unix operating system infrastructure upgrade. The upgrade was required to meet IT growth needs and improve IT performance at the steel company. Saldanha Steel, the R6.8bn steel development project between Iscor […]
A CRIMINAL court in Senegal has dismissed a case against the former president of Chad, Hissene Habre, who faced charges of complicity in torture and crimes against humanity. Habre has been in exile in Senegal since being overthrown in a coup 10 years ago. Early this year, seven human rights groups filed a criminal complaint […]
OWN CORRESPONDENT, Johannesburg. TELKOM is to implement a R1.2bn regional telecommunications network, for the Southern African Development Community (SADC) with the first phase rollout expected to be completed by the end of 2001. The entire project should be completed in five years, while it is intended that links between Zimbabwe, Mozambique and Botswana and between […]
THE UN Security Council has approved a resolution banning trade in diamonds mined from rebel-held areas of Sierra Leone. Diamonds are the main source of revenue for the Revolutionary United Front, which had taken 500 UN peacekeepers hostage in May. Resolution 1306, proposed by Britain, passed with 14 votes and one abstention from Mali. The […]
ANALYSTS said Zimbabwe’s refusal to devalue its currency will do further damage to the economy and send negative signals to foreign donors. It is ill-advised and will hurt ordinary people plus underming growth. An economist at the Zimbabwe Chamber of Commerce describes the ruling Zanu-PF party’s decision as a disaster, likely to increase the country’s […]
GLENDA DANIELS, Johannesburg. The Mineworkers Development Agency, the job-creation wing of the National Union of Mines, is one of the few financially sustainable organisations in South Africa. In the face of massive job losses in the mining industry, about 300 000 over the past decade, the agency has developed a programme of support for enterprise […]
EXPECTED mergers and acquisitions in a number of gold mining companies could be one of the reasons for the current rally in the gold price. Gold Fields recently announced a $1.83m merger with Franco-Nevada. Barrick Gold, the world’s fourth producer after Gold Fields, has agreed to buy Tanzania’s Pangea Goldfields for R938M. Gold prices have […]
THE Commission on Restitution of Land Rights says over 110000 people have already benefited from the land restitution programme with a further 3.9m set to receive land or compensation before the process runs its course. Having cost R272m so far, the cost is set to escalate substantially over the next few years, chief land claims […]
OWN CORRESPONDENT, Johannesburg. MOTOR vehicle sales showed sustained growth during the first six months of 2000 to end the half year 19% up on the same period last year, with a total of 165 678 sales recorded by Naamsa. In June, sales were up a substantial 25,7% over the same month in 1999. The passenger […]
FORMER National Party cabinet minister Abe Williams has been denied leave to appeal against his convictions on corruption and theft charges involving more than R500000. He was present during when his application was argued in the Cape High Court on Tuesday, but took ill during the lunch hour and was not in court for the […]