THE inquest into the death of Cape Town druglord and Hard Livings gang leader Rashaad Staggie has ended. According to Advocate Willie Viljoen of the Investigative Directorate Against Organised Crime the recent arrest of People Against Gangsterism and Drugs co-ordinator Abdus Salaam Ebrahim for the murder of Staggie in effectively put a stop to the […]
STANDARD Bank said on Thursday the appeals court will hand down its judgment on Friday in a ruling crucial to the bank’s battle to thwart a hostile takeover from smaller rival Nedcor. Stanbic wants the appeals court to overturn an earlier decision which made the Reserve Bank and finance ministry the final authorities on whether […]
Thousands of taxi commuters were stranded on the East Rand on Friday, following a seven days suspension of the Faraday Taxi Association’s licence by the government. The suspension is due to complaints received by Gauteng transport MEC Khabisi Mosonkutu of tension amongst taxi operators and the ill-treatment of communters. Buses are reported to be fuller […]
OWN CORRESPONDENT, Pretoria | Thursday 9.00pm TELKOM announced a change in its tariff structure on Thursday that will see the costs of calls to 24 international destinations dropped. Telkom spokeswoman Amanda Singleton said the cost cuts when into effect on Thursday. Singleton said Telkom has targeted the top 30 destinations for outgoing calls from South […]
OWN CORRESPONDENT, Mbarara, Kampala | Friday 6.30pm OVERWHELMED Ugandan police appealed for help from abroad to investigate the grisly deaths of up to 800 people from a religious cult gone amok in the southwest. “To the best of my knowledge, we have a low capacity. We are not able to handle cases on this level. […]
CHARLES Mailula, who relinquished his national junior featherweight title earlier this year to pursue International honours, will be fighting for the WBU junior featherweight world title on May 5. If Mailula is successful in taking the title from Carlos Contreras, he could see himself returning to the US to make at least two defences and […]
THE Reserve Bank of Zimbabwe has ordered local banks not to remit Z$500-million in dividends to foreign investors because of the country’s severe foreign currency shortage. The Zimbabwe Independent quoted sources as saying the move was made at an emergency meeting on Wednesday between central bank officials and local banking executives. Reserve Bank officials were […]
A COMPLAINT against Rwanda’s acting President Paul Kagame was filed on Thursday in a Belgian court, accusing the African strongman of crimes against humanity and wartime atrocities. The suit was filed on behalf of Bernard Ntuyahaga, currently languishing in jail in Tanzania and facing an extradition request from Rwanda for his alleged part in killing […]
THE rand clawed its way back to R6,55 to the dollar on Friday afternoon after hitting an 18-month low of R6,58 on Thursday. Economists remain upbeat that the long-term rand forecast looks rosy — most predicting it settling at around R6,30 to the dollar. The rand has been knocked by weakness of the euro against […]
SOUTH Africa will host a global trade union summit next week, which is expected to chart a course for the labour movement. Durban is hosting the 17th World Congress of the International Confederation of Free Trade Unions (ICFTU), the world’s largest trade union body. The theme of the April 3-7 congress – which will be […]