ALAN FINLAY & Reuters, Johannesburg | Thursday 11.00am. ANALYSTS have predicted that central bank’s Monetary Policy Committee, which meets on Thursday and Friday, is likely to maintain interest rates at the current level, but that a rates increase is likely later on in the year. The repo rate has remained at 11,75% since January 14, […]
ROYAL treatment will be the order of the day if Baby Jake Matlala is successful in his bid to become the first South African boxer to win four world titles next Wednesday night. “It’s already arranged,” said Rodney Berman, promoter of the triple world title bill to be held at Carnival city on May 24. […]
THE US Agency for International Development (USAID) has pledged $250-million in development aid to South Africa for the next five years. The money will be used to stimulate job creation, strengthen the country’s justice system, improve access to health, education and housing for its people and fight the spread of HIV/Aids, the US embassy and […]
ALAN FINLAY, Johannesburg | Wednesday 4.00pm. LOCAL markets and gold were hammered on Wednesday after a fifty basis point interest rates hike to 6,5% in the US produced a demand for dollars and dampened local counters. Analysts said the negative sentiment was surprising, after the Dow Jones responded positively to the hike. The US Federal […]
ALAN FINLAY, Johannesburg | Thursday 4.00pm. THE JSE recorded losses for the second day in a row on Thursday, after the US interest rate hike of half-a-percent pushed the bourse lower on Wednesday. The overall finished 0,55% or 41 points down. The rand also weakened considerably, touching a new low of R7,18 to the dollar […]
ACT Brumbies skipper Brett Robinson’s hopes of a glorious Super 12 swansong will depend on whether his colleagues can get through to the Super 12 rugby final without him. Flanker Robinson, who is playing his final season for the Brumbies, has been ruled out of Saturday night’s semi-final against the Cats at Canberra’s Bruce Stadium. […]
AFRICA’S first continental rugby competition has been given the go-ahead with the first match kicking off on June 17. The inaugural African Rugby Championship will be based on a home-and-away format and will feature six teams with South Africa being represented by an under-23 side. Teams will be divided into south and north sections, with […]
THABANG Makwetla, the chairman of the ANC’s parliamentary caucus, on Thursday slated Pan Africanist Congress MP Patricia de Lille’s attempt to get political leaders to volunteer to be tested publically for HIV. “Intimidating MPs to submit themselves to a public test of their HIV status is unethical and a blatant persecution of public representatives,” he […]
WESTERN Cape Transport MEC Piet Meyer met taxi operators on Wednesday in a bid to end their two-month dispute with the Golden Arrow bus company over who gets to operate lucrative township routes. While the talks were described as constructive and more discussions were scheduled for Monday – which bus company representatives are to attend […]
OWN CORRESPONDENT, Johannesburg | Thursday 5.00pm. THE Congress of South African Trade Unions has stepped up its campaign against joblessness and called for high level discussions between labour, government and business to reduce unemployment in South Africa. The call comes after a two-day meeting of Cosatu’s central executive committee which ended on Wednesday. Cosatu general […]