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/ 20 June 1999

SHELL IN MEETINGS TO END STRIKE

MANAGEMENT and unions at Anglo-Dutch oil group Shell in Nigeria are meeting for the second time in two days on Thursday in a bid to end a four-day-old pay strike, company officials said. A Shell official said that Shell offices in Lagos, Warri and Port Harcourt were shut by the strike which, if it is […]

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/ 20 June 1999

KLUSENER TOP CUP BATTING AVERAGES

NOT suprsingly Lance Klusener topped the batting averages at the 1999 cricket World Cup. The player of the tournament played eight innings in nine matches, and was not out in six of them. With a run total of 281 — including a two unbeatedn 50s and the highest tally of sixes — he finished with […]

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/ 20 June 1999

MONEYWEB LISTING SUCESSFUL

INTERNET-based media company Moneyweb had a successful listing on the JSE’s Development Capital board on Thursday. The share opened at 180 cents (issue price 100 cents), reached a high of 208 cents and a low of 168 cents. A total of 10-million ordinary shares were issued of which 1,5-million were allocated to Moneyweb subscribers. The […]

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/ 20 June 1999

ZIMBABWEAN ARMY TO QUELL TENSION

ZIMBABWE’S army has been deployed in the western Matabeleland province to forestall violent protests by villages angered by the slow pace of land redistribution. The Daily News reported that tension has been rising over the re-allocation of land from several farms acquired by government from whites to resettle landless blacks. More than 1000 villagers have […]

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/ 20 June 1999

KLUSENER: PLAYER OF THE TOURNAMENT

LANCE Klusener, who took South Africa within a run of the World Cup final and received four man of the match awards, was named the player of the tournament on Sunday. The soft-spoken Natalian was asked to stay behind to watch the final, won by Australia, when his team-mates returned. Klusener finished as the top […]

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/ 20 June 1999

iafrica JOINS iii

INTERNET portal iafrica.com announced on Thursday that it has entered into a joint venture with Interactive Investor International (iii) to provide on-line financial information to private investors and financial intermediaries both locally and internationally. The joint venture is expected to generate more revenue for the Metropolis financial community over the next few years through subscriptions […]

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/ 20 June 1999

GHANAIAN TRAGEDY BOAT ILL-EQUIPPED: REPORT

AN overloaded boat which sank two weeks ago on Ghana’s Lake Volta, where more than 60 people drowned, was not authorised or equipped to carry passengers, marine officials said on Friday. In a government-commissioned report by Ghana’s Marine Surveyors, an investigation concluded that the boat carrying an estimated 90 people was neither certified, licensed or […]

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/ 20 June 1999

G7 adopts sweeping debt relief package

OWN CORRESPONDENT and Reuters, Cologne | Sunday 12noon THE Group of Seven (G7) industrial nations on Friday adopted a sweeping $71-billion debt relief package for the world’s poorest nations. Leaders said they were effectively writing off one-third of the poorest countries’ total debt, estimated at $230-billion.”We support faster, deeper and broader debt relief for the […]

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/ 20 June 1999

FUEL SHORT IN ZAMBIA

A DIESEL shortage in the Zambian capital Lusaka has worsened, forcing some motorists to spend nights at filling stations while some bus operators have had to reschedule their departure times. A check around Lusaka on Wednesday found most filling stations only selling a maximum of 100 litres for any vehicle, litres which bus operators felt […]