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/ 13 February 2000

ESKOM NAMES NEW CEO

ESKOM announced its new CEO officer designate as Thulani Gcabashe in Johannesburg on Friday. Speaking at the announcement, Eskom’s Electricity Council chairman Reuel Khoza said Gcabashe and Bongani Khumalo were appointed deputy chief executives a year ago. Gcabashe will take over the reigns of Eskom from current CEO Allen Morgan no later than March 1, […]

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/ 13 February 2000

EASTERNS MATCH RAINED OUT

THE Standard Bank Cup match between Easterns and Western Province due to begin playing this morning at Willowmoore Park in Benoni was cancelled because of this week’s rain. Easterns will play their next limited overs match against Gauteng on March 1.

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/ 13 February 2000

DUIKER SLUMPS ON LOSS WARNINGS

SHARES in Duiker Mining slumped almost 7% in opening Friday trade as the market reacted to its news that the South African coal miner expects to make a loss in the first half of its financial year. The stock retreated 45 cents or 6.98% to R6 following the company’s late Thursday warning.

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/ 13 February 2000

DRC READY TO WOO BACK INVESTORS

THE Democratic Republic of Congo says a prolonged civil war had scared off nearly $1-billion in foreign mining investment from the mineral-rich nation, but a new mining code should lure investors back. Mines Minister Frederic Kibassa Maliba told investors at a mining conference he is confident that a three-day show in Kinshasa next week will […]

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/ 13 February 2000

CHAIRMAN OF SABC BOARD ANNOUNCED

THE new chairman of the SABC board is Dr Vincent Maphai, the Minister in the office of the president, Essop Pahad, announced on Friday. The new deputy chair is Barbara Mafakela. Pahad said President Thabo Mbeki had appointed the board which will serve for a period of 4 years effective March 1.

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/ 13 February 2000

CANADA JOINS KENYA CRASH PROBE

CANADA’S Transportation Safety Board will help investigators probing the crash of a Kenya Airways jet off the Ivory Coast that killed 169 people to download data from one of the plane’s “black box” flight recorders, a spokesman said. Safety board spokesman Jim Harris said it is expected the flight data recorder, accompanied by a local […]

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/ 13 February 2000

Rands drags JSE lower

OWN CORRESPONDENT, Johannesburg | Friday 6.30pm A FAST-falling rand wore down market on Friday afternoon as the currency fell to its lowest level in 17-months. Markets looked to the falling currency, paying little attention to a stellar gold price that rose $6 overnight. The all gold index ended the day one point lower at 1258, […]

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/ 13 February 2000

LIBERIAN PRESIDENT’S RELATIVE JAILED

A LIBERIAN judge has sentenced President Charles Taylor’s brother-in-law to life imprisonment for the ”road rage” murder of a taxi driver. Judge Joseph Andrews threw out a request for a retrial submitted by lawyers acting for Henrique Cassell, and handed down the life sentence late on Thursday. A 12-member jury unanimously convicted Cassell last month […]

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/ 12 February 2000

AJ cleared to join Sharks

OWN CORRESPONDENT, Johannesburg | Saturday 3.30pm. AJ VENTER has been cleared to play for the Natal Sharks by the Pretoria High Court, which dismissed claims that the star number eight was contractually bound to Ellis Park. “I’m in heaven, I’m just so happy that I can get on with playing rugby now,” said Venter, who […]