SOUTH Africa’s equity markets are among the most attractive in emerging markets, according to a poll of US-based investment managers and traders. Low prices for essentially good shares make SA’s markets a better choice than comparatively expensive Latin American stocks, according to some US funds. Recent price hikes in other emerging markets have left SA […]
BETWEEN 120 and 130 civilians held in internment camps in Kinshasa since last year are due to arrive in the Rwandan capital Kigali on Sunday evening, a Rwandan government spokesman said. Most are Democratic Republic of Congo (DRC) citizens of Rwandan origin, but some are Rwandan nationals, Nicholas Shaalita, spokesman for Rwandan Vice President and […]
OWN CORRESPONDENT, Johannesburg | Monday 5.00pm. FINANCIAL groups Genbel Securities (Gensec) and Real Africa Durolink Holdings (RAD) have linked up with with Stuart Rees, founder of the South African Futures Exchange (Safex), to set up a corporate debt market in South Africa. Gensec and RAD noted the lack of a formal market in corporate and […]
OWN CORRESPONDENT, Cape Town | Sunday 5.00pm. PEOPLE Against Gangsterism and Drugs (Pagad) on Sunday criticised two Cape Town newspapers for allegedly printing distorted media reports at the weekend. Advocate Paul Eia said he is “considering options” against Die Burger. In a statement released on Sunday, the organisation said a report which appeared in Die […]
The African National Congress on Saturday night bade farewell to its retired leader and former South African president Nelson Mandela.
ZIMBABWEAN Duncan Fletcher, currently coach of county side Glamorgan, was confirmed on Thursday as England’s coach for the next two years, replacing David Lloyd who resigned after the World Cup. Nasser Hussain will also replace Alec Stewart as England cricket captain for this summer’s Test series against New Zealand, it was announced. The appointment of […]
OWN CORRESPONDENT, Glasgow | Sunday 8.00pm. CASSIUS Baloyi successfully defended his World Boxing Union Featherweight world title in Glasgow on Saturday night in an impressive fashion. Challenger Brian Carr failed to come out for the tenth round after receiving extensive punishment in rounds eight and nine. “This is a warm-up for Hamed.” said Baloyi before […]
SOME 250 National Union of Public Service and Allied Workers’ members marched on two government departments in Pretoria to demand a revised salary offer on Tuesday. Nupsaw, which claims to represent about 65000 public servants, is demanding a 10% increase, compared to an offer of 5,7%.Other demands included an unconditional moratorium on retrenchments, and “transformation […]
THE office of President Thabo Mbeki referred all media queries on Mpumalanga premier Ndaweni Mahlangu to the African National Congress in a statement on Sunday. Mbeki’s office said Mahlangu was appointed by Mbeki as an ANC official, and sub-Premier posts were matters for the party. With this reasoning, Mbeki pushed media inquiries toward the ANC […]
ADRIAN WARNER, Cardiff | Saturday 9.00pm. WALES pulled off one of the biggest shocks in international rugby in recent years when they beat world champions South Africa 29-19 on Saturday. It was their first victory over the South Africans and it came appropriately in a match played to mark the opening of the Millennium stadium, […]