A MEMBER of the royal family in one of Uganda’s revived monarchies was murdered in the capital Kampala on Saturday. Prince Charles Happy Kijanangoma of western Uganda’s Toro kingdom died instantly on Thursday night after being shot more than 10 times in the back at a pub in Fort Portal, police said. A guard at […]
THE Cape High Court will decide on Monday whether Old Mutual will be allowed to convert to a listed company. More than 2000 pages of documents were submitted in the application. If permission to demutualise is granted the firm will list on the London and Johannesburg stock exchanges. The firm’s international operations and plans for […]
The Constitutional Court reserved judgment on Monday on the Democratic Party’s challenge to the government’s ruling that only voters with barcoded identity books are eligible to vote in the June election. Peter Horwitz, attorney for the DP, said the party closed its argument on Monday at the Constitutional Court in Johannesburg. There was no indication […]
THE Water Affairs and Forestry Ministry said on Friday that the 100-year-old karee tree in the gardens of Pretoria’s Union Building will not be harmed by next month’s performance by the three tenors. Organisers had planned to temporarily uproot the tree as it partially obscures the view of the stage, which led to a public […]
SOUTH Africa’s Shaun Pollock became the fastest player to record the double of 1000 runs and 100 wickets in one-day internationals in the replayed fourth match against New Zealand on Friday. Pollock broke the record of England’s Ian Botham in one-day cricket by seven matches. Pollock had scored 989 runs and taken 99 wickets in […]
SOUTH African Airways signed a partnership deal on Thursday with Ghana Airways enabling the two airlines to forge a commercial alliance. Speaking at the signing ceremony in Johannesburg, SAA CEO Coleman Andrews said Ghana Airways will be instrumental to SAA’s Africa networking strategy. The deal is set to take effect from July and will offer […]
THREE time world champion Carl Fogarty won both heats of the opening round of this year’s world Superbike Championship with a pair of thoroughly commanding performances on Sunday. Fogarty won the first race by just over five seconds from team-mate and former world champion Troy Corser, and took the second heat by more than six […]
ISCOR said on Friday that a week-long strike at its Grootegeluk coal mine in Northern Province has been called off. The strike, which started last Wednesday, was in response to the dismissal of National Union of Mineworkers chairman at the mine, ML Ngoepe, for serious misconduct. Iscor spokesperson Phaldie Kalam said employees will return to […]
THE privatisation of Zambia’s mining assets has resulted in mounting optimism that the Lusaka Stock Exchange could register growth this year. The bourse’s market capitalisation for January 1999 improved to $318-million against $273-million recorded in February 1999. At its peak in 1999, LuSE registered a market capitalisation of $698-million, largely on expectations of privatisation of […]
AT LEAST 50 United States businessmen said on the weekend that they will not attend an international exhibition in the Ugandan capital Kampala next month, citing the March 1 rebel attack on tourists in southwest Uganda that left two Americans dead. The expo will coincide with a general assembly of the Group of 77 developing […]