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/ 2 March 1999

SA INVESTMENT APPEAL GROWS

SOUTH Africa attracted significantly more foreign investment in 1998 after big multinational companies snapped up stakes in local firms, said a report released on Wednesday. Business Map estimated R17,22-billion was invested in South Africa during 1998, a 9% rise on the R15,82-billion of the previous year. Business Map said the growth had been “surprising” in […]

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/ 2 March 1999

SWISS BANKS TO BE NAMED

DEBT-forgiveness lobbyists Jubilee 2000 will reveal the names on Tuesday of the major Swiss banks deemed to have collaborated with South Africa’s apartheid regime in 1986, allowing it to reschedule its debt and effectively extend its rule. Archbishop Njongonkulu Ndungane will launch the document at his Bishopscourt residence with Mascha Madoerin, co-author of the Swiss […]

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/ 2 March 1999

STRANSKY NOT ELIGIBLE

SOUTH African flyhalf Joel Stransky has ruled out playing for England in this year’s World Cup because he does not have an English-born grandparent. Stransky, who lives in England and plays for English club Leicester, had hoped to play for his adopted country because he believed he had an English-born grandfather which would have made […]

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/ 2 March 1999

Apartheid’s bankers named

OWN CORRESPONDENT, Cape Town | Tuesday 7.20pm. A SWISS economist named three German banks, Deutsche, Dresdner and Commerzbank, and three Swiss banks, Credit Suisse, Union Bank of Switzerland and Swiss Bank Corporation, on Tuesday as “apartheid’s major creditor banks”. The claims come in a report issued by economist Mascha Madoerin and co-author, Gottfried Wellmer, for […]

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/ 2 March 1999

GADAFFI TO EGYPT

LIBYAN leader Moammar Gadaffi is due to arrive in Egypt on Friday for a two-day visit, sources said on Tuesday. This as President Nelson Mandela hit back Tuesday at South African political leaders who criticised his links with Gadaffi, saying these ties had borne fruit in the Lockerbie case. Gaddafi is expected to discuss with […]

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/ 2 March 1999

EU DELEGATION BACK IN SA

A DELEGATION of European Union parliamentarians is due in South Africa on Thursday in a bid to bolster trade relations between the two groups. Last week the European Parliament passed a resolution regretting the EU council’s failure to approve the draft agreement concluded between the EU Commission and South Africa. Their planned visit is at […]

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/ 2 March 1999

US ACCEPTS ELECTION RESULT

SATURDAY’S presidential elections in Nigeria “broadly reflected” the people’s will despite some “irregularities,” the United States’s State Department said on Monday.”Respected American and international observers have stated that the alleged and apparent election irregularities would not have affected the final outcome of the elections,” said department spokesperson James Foley. He praised outgoing Nigerian president General […]

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/ 2 March 1999

LITTLE INJURED

NEW South Wales centre Jason Little may be on the bench for up to eight weeks after fracturing his collar bone during the 13-13 draw with South Africa’s Coastal Sharks on Saturday. Little was injured when he was tackled heavily in the final few minutes of the Super 12 match in Durban. “He will be […]

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/ 2 March 1999

ZIM MEDIA ACT CHALLENGED

A HARARE Magistrate’s Court remanded the case of Zimbabwe Mirror journalists Ibbo Mandaza and Grace Kwinjeh on Monday morning to April 30 on charges of violating the colonial Law and Order Maintenance Act. The court awaits the outcome of a Supreme Court application by the defence counsel challenging the constitutionality of Section 50 of the […]

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/ 2 March 1999

Reserves inch up

SARAH BULLEN, Cape Town | Tuesday 11.10am. GROSS provisional gross gold and foreign exchange reserves amounted to R32,7-billion at the end of February, up on January’s figure of R32,6-billion, the Reserve Bank announced on Tuesday. In dollar terms, however, gross reserves declined by roughly $100-million from $5,4-billion to $5,3-billion at the end of February. The […]