OWN CORRESPONDENT, Pretoria | Thursday 1.00pm THE Reserve Bank increased its pool of foreign reserves in February and reduced its foreign borrowing, but not by as much as economists were expecting and financial markets were muted. Gross gold and foreign exchange reserves increased by R400-million to R47-billion and the Reserve Bank’s net open foreign exchange […]
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Zimbabwe’s central bank governor is having ”sleepless nights” over how to tame inflation currently running at more than 120%, The Herald newspaper reported on Friday. Governor Gideon Gono is struggling to contain inflation, which President Robert Mugabe’s government considers the ”number-one enemy”.
ACCUSED Wemmer Pan serial killer Cedric Maupa Maake was found guilty of five counts of murder, five counts of rape, four of armed robbery, two of attempted murder and two of illegal possession of a firearm and ammunition in the Johannesburg High Court on Tuesday. Judge Geraldine Borchers is still to deliver judgment on a […]
THE African Football Confederation has chosen match officials from Senegal to handle the Super Cup showdown between Raja Casablanca of Morocco and Africa Sports of Cote d’Ivoire Sunday. Referee Ndoye Falla and assistants Mamadou Ndoye and Amadou Diop will be in charge of the match between Champions League winners Raja and Cup Winners Cup holders […]
OWN CORRESPONDENT, Harare | Wednesday 11.30am. ZIMBABWE needs at least $7.9-million (Z$300-million) to repair damaged roads, bridges and other infrastructure damaged, says Local Government and National Housing Minister John Nkomo. Thousands of Zimbabweans faced starvation because food distribution has been rendered virtually impossible in some areas. Opposition parties and official sources in Zimbabwe’s civil protection […]
OWN CORRESPONDENT, Johannesburg | Tuesday 9.00am. AMAGLUG-Glug coach Ephraim “Shakes” Mashaba is “in a state of shock” after being forced to name a depleted 21-man squad for the March 12 Olympic Qualifier after last week’s shock SA Football Association order that nay player who has turned out for Bafana Bafana is not eligible for the […]
PETER CUNLIFFE-JONES, Lagos | Wednesday 10.30am. TROOPS have been sent to a southern Nigerian town following the death of hundreds of people in unrest between Christians and Muslims and President Olusegun Obasanjo was expected to make an appeal for peace on Wednesday. Obasanjo was expected to make a broadcast to Africa’s most populous nation — […]
AUSTRALIAN World Cup prop Rod Moore and utility back Christian Warner have been included in the New South Wales team to play the Northern Bulls in Saturday’s Super 12 match in Pretoria. Moore replaces Cameron Blades at tight-head while Warner was promoted to the starting team ahead of inside centre Marc Scherbina. Lock John Welborn […]
OWN CORRESPONDENT, Cape Town | Wednesday 2.00pm. ORLANDO Pirates will receive a welcome boost in their match against AmaZulu on Wednesday night with the return of Bafana Bafana midfielder Steve “Chippa” Lekoelea. Lekoelea has been out of action after being injured in the Amaglug-glug’s first-leg Olympic qualifying match against Cameroon at Vosloorus two weeks ago. […]