THE South African Chamber of Business has approved a proposal that the organisation merge with the National African Federated Chambers of Commerce Nafcoc. The merger has been negotiated over the past six months. The agreement is however seen as a stab in the back of the Afrikaanse Handelsinstituut which had its eyes on uniting with […]

OWN CORRESPONDENT, Durban | Wednesday 5.45pm. THE South African cricket squad gathered in Durban on Wednesday to prepare for their upcoming three-nation tour, as their sacked captain was being grilled at the King Commission inquiry into corruption in Cape Town. The squad, now captained by Shaun Pollock, leave next Friday to travel to Sri Lanka, […]

AXED cricket captain Hansie Cronje had accumulated a considerable personal fortune from professional cricket, and hardly need to accept the lure of easy bribe money. Cronje on Wednesday told the King Commission he estimated he had earned some R9 million in sponsorships and endorsements since 1995, in addition to the salary he earned from the […]

HANSIE Cronje has admitted to leaving an amount of R3000 he received for providing forecasts out of his testimony on Thursday, saying that it was an oversight because it was made late at night and that he was “not in a good state.” Cronje told the Commission that he “struck up a relationship” with Marlon […]

FORMER South African cricket coach Bob Woolmer has cast doubts on the credibility of United Cricket Board chief Dr Ali Bacher, saying in the Daily Telegraph that Bacher knew about a fixing offer made to the team in 1996. The offer, made in Bombay to the tune of $250000, was the first to come to […]

OWN CORRESPONDENT, Johannesburg | Thursday 11.30am. FINANCE Minister Trevor Manuel’s voto on banking group Nedcor’s hostile takeover of Standard Bank Investment Corporation has been hailed as a victory for consumers over shareholders, and a blow against monopolies. Manuel on Wednesday blocked Nedcor’s hostile bid for Stanbic, because of competition concerns. Manuel had elevated the interests […]

OWN CORRESPONDENT, Cape Town | Thursday 12.45pm. DISGRACED former South African cricket captain Hansie Cronje said on Thursday that his overwhelming greed for easy money from bookmakers blinded him to the immorality of his actions. ”I didn’t see the bad side of it at the time. Until April 7 I didn’t realise that I had […]

THE former welfare minister Abe Williams was found guilty in the Cape High Court on Tuesday on 36 charges of theft and four charges of corruption. The total amount of cash involved was R508254, Judge Roger Cleaver found. The corruption counts relate to money Williams received from computer company Mercedes Information Technologies while serving as […]