ELAINE HARDCASTLE, London | Wednesday 11.30am. THE UK’s third biggest property group British Land on Tuesday said it is unlikely to take up the offer of a seat on rival Liberty’s board, leaving the door open for a hostile bid. British Land snapped up a 29,9% stake in Liberty International on Monday, calling it a […]
ADRIAN MILEDGE, Nottingham | Tuesday 10.00am. ZIMBABWE, destroyed by England in the first Test, finished the second Test on Monday with a spring in their step as the rain-hit game at Trent Bridge ended in a draw. England won the series 1-0. But after Murray Goodwin had restored some Zimbabwe pride following their heavy defeat […]
FORMER Springbok eightman Rudolph Straeuli is likely to take over the coaching position at the Natal Sharks, taking over the position vacated by Hugh Reece-Edwards, who was sacked as coach after a miserable Super 12. Straeuli is said to be a near-certainty for the job, with Business Day reporting that that the Natal Rugby Union […]
ZIMBABWE have won the toss and elected to bat in their one-day 50 overs match against Ireland at Clontarf on Wednesday. Zimbabwe are currently on tour of England, and on Monday drew the second Test at Trent Bridge, losing the series 1-0 after being thrashed by an innings and 209 runs at Lord’s in the […]
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THE Competitions Board has give Hyundai South Africa the go-ahead to sell vehicles repossessed by banks earlier this year from the brand’s previous owner, Hyundai Motor Distributors. The company’s managing director, Alan Ross, said it can now sell vehicles taken over by banks in the liquidation process. Hyundai SA has opened 35 dealerships nationwide over […]
SHARES in Imperial Holdings firmed on Tuesday after news that its aviation wing Safair has acquired and leased back South African Airways’ entire fleet of 13 Boeing 747-200 aircraft. By midday the stock was up 3,76%, or 200 cents, at R55,20 with 552303 shares traded. Imperial shares outshined the diversified industrial sector, which was last […]
THE police said on Monday they have arrested a man on charges of involvement in a R350-million fraud involving NBS bank, in what they said is one of the biggest cases in the country’s history. “Vito Assante, a former bank manager from the NBS Kempton Park, was arrested on Thursday…for 108 charges of fraud to […]
ONGERI JOHN, Dar Es Salaam | Tuesday 11.15am. THE Word Bank has blamed low levels of direct foreign investment in Africa on the constant negative reporting by Western media that portrays the continent as a “centre of misery and conflict”. World Bank African chief economist Alan Gelb said that the region’s growing economic reconstruction and […]