OWN CORRESPONDENT, Accra | Wednesday 1.50pm ASHANTI Goldfields of Ghana has reached an agreement with shareholders and the Ghanaian government, clearing the way for the sale of 50% of Geita Tanzanian mining company, the company said on Wednesday. Ashanti, facing severe financial problems, has estimated that the mine, expected to be fully operational later this […]

ANGOLAN President Jose Eduardo dos Santos has accused South Africa of “meddling” in the internal affairs of Angola, the official Angola news agency ‘Angop’ reported on Tuesday. Speaking after a one-day meeting with his ally, President Sam Nujoma of Namibia, Dos Santos said: “It seems to me that it would be sensible for South African […]

OWN CORRESPONDENT, Cape Town | Wednesday 2.00pm. ATHLETICS South Africa has hit back at the National Olympic Committee of South Africa after a weekend report, quoting Nocsa secretary-general Dan Moyo, claimed financial mismanagement within ASA. Banele Sindani, ASA chief executive, responded to the claims by saying that Nocsa is attempting to discredit his organisation, and […]

OWN CORRESPONDENT, Johannesburg | Wednesday 6.30pm NEDCOR Investment Bank on Wednesday posted a 25% rise in earnings, helped in part by a lower tax charge, but suggested that plans to find an international partner might have been put on the back burner. NIB, whose parent Nedcor Ltd listed 15% of its shares on the Johannesburg […]

FORMER Mpumalanga premier Mathews Phosa has withdrawn a R1-million civil defamation suit against his successor Ndaweni Mahlangu at the urging of senior African National Congress leaders. The two antagonists confirmed they buried the hatchet in a joint statement on Tuesday after a weekend meeting chaired by ANC secretary general Kgalema Motlanthe. Phosa lodged the defamation […]

OWN CORRESPONDENT, Johannesburg | Tuesday 12.30pm. BAFANA and Bolton Wanderers defender Mark Fish says he quit because he was accused of being a rascist. Fish said on Monday that a number of journalists launched a campaign to label him a racist after he allegedly had words with Bafana coach Trott Moloto. The multi-capped player told […]

THE World’s best fielder, Jonty Rhodes, has made himself available for his home KwaZulu-Natal province in this weekend’s Standard Bank Cup game at Kingsmead. The mercurial cricketer chose to stay at home to be with his wife when their first child is born instead of joining the two-Test tour to India. While he said he’ll […]

INFORMATION technology firm Spicer Holdings Ltd on Tuesday warned that its first half earnings had been adversely affected by a number of factors, including the discovery of management misconduct. “Gross management irregularities at a senior management level, the precise nature of which is currently under investigation, have been discovered in MIS-CDS Group Holdings Ltd and […]

CONSTRUCTION group Stocks and Stocks lost 90% of its value to just one cent on Tuesday morning after the company said there is no shareholder value left in the company and it will delist. The company said on Monday that its earnings per share have fallen to 115 cents loss for the six months to […]