SHELL South Africa has pledged R3800 to the Nelson Mandela Children’s fund after its Ultra City in Umtata inadvertently upped the price of petrol a day early. A technical error resulted in Wednesday’s 18 cents a litre price rise coming into effect at midnight on Monday. The mistake was rectified only eight hours later when […]
THE Nigerian government has decided to review a $214,98-million oil refinery maintenance contract with the French oil company Total, a government official said on Tuesday. The official, who was not named, told reporters at the refinery at Kaduna in northern Nigeria, that the government is not happy with Total’s performance at the Kaduna Refinery and […]
PICK ‘n Pay announced on Monday that it will sell its shareholding in 7-11 Stores back to 7-11, giving the Western Cape-based company total ownership. Pick ‘n Pay formed a joint venture with 7-11 Stores in February 1997 to form 7-11 Africa, which was designed to operate outside of the Western Cape. Pick ‘n Pay […]
THE gold price dropped to below the $280,00 per ounce mark on Monday, its lowest point in eight months, following concern about the Bank of England’s decision to sell more than half of its gold reserves. In London, on Monday afternoon, the gold price was fixed at $278,00 compared with Friday’s fixing of $282,40 and […]
A MASSIVE cache of arms and ammunition — sufficient in quantity to cause full-scale war — were discovered in a bunker in in northern KwaZulu-Natal, National Director of Public Prosecutions Bulelani Ngcuka announced on Tuesday. The arms cache, believed to be the biggest uncovered in South African history, was found by detectives of the directorate, […]
DAVID LE PAGE, Johannesburg | Tuesday 6.00pm. GOLD shares made something of a dramatic recovery on the Johannesburg Stock Exchange on Tuesday, rising 22 points to 969, as bullion scratched back a dollar. Financials and industrials crept up, 12 points to 9954 and 45 points to 7345 respectively. The overall index however, suffered, dropping a […]
ETHIOPIA’S first colour television assembly plant became operational over the weekend and the country plans to export the sets to such neighbouring countries as Kenya, Tanzania and Zimbabwe. The new plant at Kaliti, 15 km on the eastern outskirts of Addis Ababa, was financed at a cost $600000 by an Ethiopian private family concern, Yitb […]
ORLANDO Pirates contnued their late-season surge with 3-0 drubbing of Bush Bucks at the FNB Stadium on Wednesday night. The Buccaneers move into third place in the Castle Premiership with the win. They have now been unbeaten in 8 outings. Pirates were 2-0 up at the break, and completely dominated the first half. They wandered […]
OWN CORRESPONDENT, Johannesburg | Tuesday 3.30pm. SOUTH African soccer officials have reacted with delight to Nigeria’s decision to withdraw their bid to host the World Cup finals in 2006 and instead support the South African bid. South Africa 2006 World Cup bid chairman Irvin Khoza said on Tuesday that the Nigerian decision comes as a […]
EMPOWERMENT group NextCom, which is hoping to win the third cellular network licence, said Monday that, if successful, it will give business to small and medium-sized black contractors. These contractors, it said, will be responsible for building base stations across the country to run the network under an empowerment structure — Prov-Con. Sifiso Pretorius, chief […]