MINING exploration company Noble Minerals made a tentative debut on the Johannesburg bourse on Friday, weighed by investors taking profits on the listing and a slightly weaker resources sector. Noble, which has diamond and manganese exploration projects in two provinces, first traded at 50c — 5c above the price at which shares were issued to […]
OWN CORRESPONDENT, Pretoria | Tuesday 1.30am FORMER Vlakplaas commander Eugene de Kock said on Tuesday he would not have killed askari Johannes Mabotha if he had known Mabotha was to have testified against Winnie Madikizela-Mandela in a possible high treason case. He told the Truth and Reconciliation Commission’s amnesty committee in Pretoria that he would […]
THE White House said on Monday it will nominate Delano Lewis, a former National Public Radio director, to be the United States’ ambassador to South Africa. Lewis served as assistant director of operations for the Peace Corps in Nigeria in the 1960s and then as Uganda’s Peace Corps director. Later, he became director of Peace […]
The Nigerian stock market has adopted a wait-and-see attitude to the country’s new civilian government. The stock index has barely changed from last week. At the close, the All Share Index dropped 3,3 naira to 4916,21, a fall of 0,07% from last Friday. Brokers say business reaction to the return to civilian rule after years […]
EGYPT has agreed to buy an additional 24 F-16 fighter aircraft from United States firm Lockheed Martin in a deal worth $400-million, the company announced on Thursday. It said it was the sixth order placed by Egypt for F-16s but did not say how many such planes the country currently has in operation. Deliveries are […]
ZIMBABWE’S labour leaders Thursday warned that government’s decision to increase the price of fuel by up to 32% will hurt workers. Petrol price increased by 27%, diesel by 32% and aviation fuel by between 6% and 8%, on Thursday. It is the second hike in eight months. Further price rises will be effected after every […]
THE Malawi Privatisation Commission has announced that the Malawi government has approved CFM/SDCN consortium of Mozambique as successful bidders for the financially-troubled Malawi Railways Ltd. In a statement issued Monday in Blantyre, the commission said. CFM/SDCN emerged victors from seven international rail companies, including Spoornet of South Africa and a British rail company, who bade […]
MONDAY, 12.30PM: WITH entries into the Comrades Marathon taking a dip for the first tome since 1994, officials have decided to allow athletes a full year to qualify for the Natal ultramarathon in an attempt to grow the race. Runners will now be able to qualify for the 1999 event in any race after June […]
NAMPOWER, Namibia’s power utility, has successfully completed the first phase of its billion-dollar interconnector of 900km that extends from Aries near Kenhardt in South Africa to the Kokerboom sub-station near Keetmanshoop. The company says project teams diligently worked against time and other constraints to construct Africa’s first power line that supports not only the latest […]
MONDAY, 1.00PM: FOLLOWING an injury scare, South African soccer midfielder Brendan Augustine has been passed fit to take his place in South Africa’s line-up for their opening Group C encounter with World Cup hosts France on Friday. Augustine has been suffering with a groin injury and was examined by a specialist in Paris with national […]