FORMER Mpumalanga premier Mathews Phosa has withdrawn a R1-million civil defamation suit against his successor Ndaweni Mahlangu at the urging of senior African National Congress leaders.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 […]

SWAZILAND Railways have secured a R8,7-million grant to expand its major clearing depot at Matsapha. Swaziland Railways chief executive Gideon Mahlalela said on Monday that the depot, in Swaziland’s major industrial centre, handled 17729 cargo containers between 1996 and 1999. The first phase, already underway, involves design and construction work, soil compacting, and laying in […]

DESPITE further delays due to rain, the Williams and British American Racing (BAR) teams managed to get down in earnest to Formula One testing at Kyalami on Monday. After a wet start, the sun broke through and the track dried out, allowing Williams drivers Ralf Schumacher and Jenson Button to reel off 129 laps between […]

TRANSHEX Ltd on Monday announced a number of senior management changes within the diamond mining and exploration group, including the news that group managing director Niel Hoogenhout would step down. At the same time, Transhex said that its performance was “above expectations” and that its recent announcement of a R120-million plant expansion at its flagship […]

THE United Democratic Movement on Monday said it had written to United Nations secretary-general Kofi Annan asking him to probe allegations that South Africa is fueling the war in the Congo, but chances are he won’t respond. The UDM addressed its letter to the New York-based Annan to: The Secretary-General, United Nations, Washington D.C. UDM […]