ESKOM’S medical fund is in financial trouble but will be kept going by the company while it contemplates the scheme’s future, the Council of Medical Schemes said on Monday. Registrar of Medical Schemes, Danie Kolver, said Eskom reported financial shortfalls in its medical fund, Esmed, a few months ago. In terms of the plan, Kolver […]
OWN CORRESPONDENT and Reuters, Johannesburg | Tuesday 3.00pm BIDDING for the 25 tons of gold sold by the Bank of England on Tuesday closed at 12.30pm South African time, with the offer five times oversubscribed at an allotment price of $261,20. Britain sold 25 tons of its reserve gold in the first part of a […]
RUSSIA has confirmed that a Russian flight crew have been captured by Unita after their Angolan-owned Antonov-12 transport plane caught fire and was forced to land in Unita-controlled territory on Wednesday. Unita have confirmed that one of the Russians died in the fire; the others are being held in captivity. This is the fifth Russian […]
MONDAY, 6.30PM: ENGLAND are fighting back fiercely in the face of a renewed South African onslaught on the final day of the third cricket Test at Old Trafford on Monday. English skipper Alec Stewart, who played a remarkable innings up to lunch, was eventually dismissed for 164 superbly played runs. Stewart was caught by Lance […]
AFRICA offers high returns on investment according to a focus on the continent initiated jointly by the United Nations Conference on Trade and Development, the Multilateral Investment Guarantee Agency, the United Nations Development Programme and the International Chamber of Commerce. The focus revealed that African affiliates of US transnational corporations had enjoyed average returns of […]
Retirement from the presidency is like being ”out of jail for the second time.
OWN CORRESPONDENT, London | Tuesday 9.30am. A LIBEL action by Seven Stars manager Bruce Grobbelaar against Britain’s Sun tabloid over match-fixing allegations when he was Liverpool goalkeeper got off to a slow start on Monday when the judge sent the jury home. The jury was dismissed minutes after being sworn in. Justice Gray said there […]
A STRIKE by 260 workers on a section of the R2-billion Maputo Corridor toll road continued over the weekend after they refused to accept an apology from a manager who called them ”kaffirs”. The man who made the remark is William Botha, a director of Stocks & Stocks, Basil Read and Bouygues (SBB) construction consortium. […]
Alex Dodd explores the similarities between Dark Continent and Lars von Trier’s Element of Crime.
THE National Association of Automobile Manufacturers of South Africa said on Sunday that vehicle sales for June have declined slightly, compared with the sales in the same period last year. The overall June sales stand at 24367 units sold, compared with 24657 units sold in May — a 1,2% decline. This is a 13,2% fall […]