ALAN FINLAY, Johannesburg | Tuesday 12.00pm CELLPHONE giants Vodacom and MTN have welcomed the awarding of the preferred bid for the third cellular licence to Cell C; while Vodacom insists the consortium’s success in the industry is vital for future investment in the country. The South African Telecommunications Regulatory Authority on Tuesday announced Cell C […]

COCA Cola will invest a billion dollars in Africa over the next three years, a top company official announced in Cairo at a conference of the Common Market of Eastern and Southern Africa. Coca Cola International Vice President Donald Short said the company’s development policy in Africa has recently seen sales rise 30% on the […]

JOHANNESBURG police have arrested an undisclosed number of heist suspects after Monday’s cash-in-transit heist near Springs in which a security guard was killed and two others were seriosuly injured. Police spokesman captain Andy Pieke said investigations were quite sensitive, but he revealed that cash trunks, several stolen vehicles and a number of guns were recovered. […]

FLOODING has destroyed part of Namibia’s irrigated maize crop in the south, but the country does not expect increased imports, an agricultural official said on Friday. Rains of up to 160 millimetres in the Hardap Dam’s catchment area filled the dam to 115% of capacity, leading to the sluice gates being opened and the flooding […]

TWENTY animal herders were massacred overnight at Brezina, about 400 kilometres southwest of Algiers. The authorities did not identify those held responsible for the attack, but said: “A major search operation has been launched for those behind this criminal act.” The attack bore the hallmarks of Muslim fundamentalist violence engulfing the north African country, but […]

INDIA made two changes to the team which lost the Bombay Test by four wickets against South Africa for the second and final Test of the series at Bangalore starting next Thursday. Former captain Mohammad Azharuddin and left-handed opening batsman Sadagopan Ramesh have replaced Ajay Jadeja and Vangipurappu Laxman, said Jaywant Lele, secretary of the […]

ANGOLA is to receive 937500 zinc roofing sheets from Japan under an agreement signed in Luanda over the weekend. Angolan deputy minister in the ministry of assistance and social reinsertion Junior Joao said the zinc plates are intended for phased construction of 24000 houses for refugees. In the first phase, which started in January 1999, […]

SARAH BULLEN, Cape Town | Tuesday 5.20pm. SHARES dropped back after an early rally on Tuesday, closing weaker as the all share index dipped below the 8000 mark. This is the first time the index has retreated below the 8000 mark since early December. Analysts attribute the fall largely to a correction in resource shares, […]

OWN CORRESPONDENT, Johannesburg | Monday 5.30pm. THE Rand softened in the face of dollar strength but bonds recovered after a sell-off in the wake of strong growth figures for the fourth quarter. The Rand last bid at 6.33 to the dollar, at the weak end of the day’s range, with dollar strength, especially against the […]

PETROL prices are du to rise by nine cents a litre and diesel by 10 cents from Wednesday. Premium petrol retails at R2,86 a litre in Gauteng and diesel at around R2,67 a litre. The Automobile Association of South Africa warned motorists that there will be a further increase in April.