Jane Martinson Julian Robertson, one of the world’s most successful hedge fund managers, last week warned that investor enthusiasm for hi-tech stocks is creating ”a pyramid destined for collapse” as he announced the closure of his Tiger Management investment company. In an emotional letter to his remaining clients last week, Robertson said he could not […]
LIAM Botham, son of former England cricket all-rounder Ian, will be in the English rugby union touring party that will play two tests against the Springboks in June, England coach Clive Woodward said on Thursday. Woodward will name a 36-strong squad in two or three weeks but confirmed that winger Botham, who has already played […]
THE countrywide run-up to Operation Crackdown has seen more than 1500 people arrested in the Eastern Cape. Police say 359 people were arrested for serious crimes, while at least 25 cars and 29 guns were recovered. Dagga with a street value of R305000 was also seized. The arrests and recoveries were made between March 28 […]
Matthew Krouse 1 Mugg & Bean (Cape Town, Johannesburg): The Martians have landed, and have seemingly established these emporiums in every shopping centre in the land. Biggest branches are at Cape Town’s V&A Waterfront and in Killarney Mall, Johannesburg. Owned by Ben Filmalter of the Linga Longa chain of five significant restaurants, including Leipoldt’s in […]
Novelist John Irving tells Will Hodgkinson about the hard choices he faced in adapting his epic The Cider House Rules for the screen.
OWN CORRESPONDENT, Harare | Thursday 2.40pm ZIMBABWE has holdings of foreign exchange cover less than one day’s imports, an opposition economist said said. Opposition secretary for economic affairs, Eddie Cross, said the critical shortage of foreign exchange is a the result of “gross mismanagement.” “Against a normal target of two to three months of import […]
THE Reserve Bank began a two-day monetary policy meeting on Wednesday, with markets expecting it to leave interest rates on hold as lower oil prices point to subsiding domestic inflation pressures. The Bank will make an announcent when its monetary policy committee, which normally meets every six weeks, ends the current meeting early on Thursday […]
SOUTH Africa’s 2006 World Cup bid committee are set to make a vital presentation to senior African diplomats in Addis Ababa next week as the bid to host the soccer showcase reaches fever pitch. Danny Jordaan, CEO of the South African bid committee will meet with Salim Ahmed Salim, Organisation of African Unity secretary general, […]
SANTOS held SuperSport United to a 2-2 draw in a thrilling Castle Premier League match at Greenpoint Stadium in Cape Town on Wednesday night. Santos looked better than United all through the match, and it was only SuperSport ‘keeper John Dithebe whose breathtaking saves kept the scored tied. Jean Bang-Penda scored for United in the […]
A ROCKFALL has killed three miners working underground at the African Rainbow Minerals gold mine near Welkom in the Free State. Mine spokesman Mike Jooste said on Thursday that the men were killed instantly when the hanging wall above them collapsed due to a seismic tremor measuring 1,6 on the Richter scale. He said their […]