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/ 29 August 1999

SANLAM DECREASES BILLITON STAKE

BILLITON said on Wednesday that it has been notified by Gensec Asset Management — a member of the Sanlam Group — that the shareholding of Sanlam and Rembrandt in Billiton, had decreased from 15,2% to 14,8%. Sanlam and Rembrandt’s shareholding in Billiton is aggregated for the purposes of Section 204 of the Companies Act 1985. […]

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/ 29 August 1999

W AFRICAN GAS PIPELINE ON

THE state-run Nigerian National Petroleum Corporation and the Ghana National Petroleum Corporation have signed an agreement on the execution of the West African Gas Pipeline project. The deal is a follow-up to the agreement signed in Cotonou, Benin, 11 August between Nigeria, Ghana, Benin and Togo, and Chevron Nigeria and the Nigerian Gas Company. The […]

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/ 29 August 1999

GOVT CREATES SEPERATE ELECTRICITY FIRM

MINISTER of Minerals and Energy Affairs Phumzile Mlambo-Ngcuka said on Thursday the government plans to create an electricity distribution company separate from state-owned electricity giant Eskom. “The distribution section of Eskom will be completely outside Eskom and will form the new electricity distribution company,” Mlambo-Ngcuka told a media briefing in parliament. The minister said the […]

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/ 29 August 1999

Freak storm devastates Cape Flats

EMSIE FERREIRA, Cape Town | Sunday 4.00pm THREE people were killed and 220 injured when buildings collapsed during a storm in the Cape Town suburb of Manenberg early on Sunday, police said. The raging wind also ripped the roofs off homes and schools in the nearby black townships of Gugulethu and Nyanga where about 2000 […]

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/ 29 August 1999

ASMAL SHIFTS TO TERTIARY REGISTRATION

THE criteria and procedures for registration of tertiary education institutions are to be reviewed in the next few months, Education Minister Kader Asmal said on Thursday. Asmal was launching the popular Mail & Guardian Graduate Careers Fair which will run at the Baxter Theatre until August 28. Asmal said he is committed to the development […]

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/ 29 August 1999

BIN LADEN A FORMER CIA MAN?

SUSPECTED international terrorist leader Osama Ben Laden is a renegade former employee of the United States Central Intelligence Agency — according to Libyan leader Moamer Kadhafi in an interview published on Friday. “Osama Ben Laden is one of those naive Moslems who were duped by the United States and were used to fight the former […]

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/ 29 August 1999

BOKS BACK FOR CHEETAHS

THE Free State Cheetahs have included three of their Springboks in their line-up for Friday night’s Bankfin Currie Cup rugby match against the Gauteng Falcons at Brakpan. Naka Drotske, Andre Venter and Os du Randt will be back in Free State colours. Brendan Venter and Jannie de Beer were not considered as they are injured. […]

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/ 29 August 1999

BRAND LEADS GRIQUAS AGAIN

GAFFIE DU TOIT has been named at fullback while the fit-again captain and eighthman, Janneman Brand, and fly-half Boeta Wessels return to the Griqualand West line-up for their final round robin Bankfin Currie Cup rugby match against Western Province at the Absa Park Stadium on Saturday afternoon. With first-choice leftwing Jearus Nicholas out with an […]

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/ 29 August 1999

BUGANDA KING WEDS

KABAKA (King) Ronald Muwenda Mutebi II of Buganda — Uganda’s wealthiest province — wed 35-year-old Sylvia Nagginda Luswata at a colourful ceremony in Kampala on Friday attended by hundreds of people including Ugandan President Yoweri Museveni. The head of Uganda’s most influential kingdom exchanged vows with the Nabagereka (Queen), a journalist. At 43, Kabaka Mutebi […]

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/ 29 August 1999

BUNGU’S BIGGEST FIGHT — AGAINST THE TAXMAN

FORMER IBF world junior featherweight boxing champion Vuyani Bungu and five other top boxers at East London’s prestigious Eyethu stable face the biggest fight of their lives — against the Receiver of Revenue who has promised no mercy in recovering more than R1-million in unpaid taxes. And the boxers, through their trainer Mzi Mnguni who […]