MONDAY, 1.00PM: A NERVOUS Johannesburg Stock Exchange lost 3,28% of its value on opening on Monday morning, as market sentiment plunged with fears over the debilitating rand/dollar exchange rate and Friday’s indications that the Reserve Bank is scaling back its intervention in the foreign exchange market. On Friday, the market was caught off guard when […]
JUSTIN ARENSTEIN, Nelspruit | Tuesday 5.56pm. A special tribunal serving the Heath Special Investigative Unit will permanently invalidate three illegal promissory notes worth over R340-million on Wednesday. The promissory notes were secretly issued along with at least three others last year to a series of dodgy financial brokers by the cash strapped Mpumalanga Parks Board. […]
OWN CORRESPONDENT, Johannesburg | Monday 11.50am. ALGERIA, Congo and Cote d’Ivoire clinched places at the 2000 African Nations Cup on Sunday after the final qualifying matches. A 2-0 win over Uganda in Annaba enabled Algeria to finish runners-up behind Tunisia in Group 7, but it was close as only a one goal difference separated them […]
A JAPANESE businessman on Saturday escaped from kidnappers who had demanded $50000 for his release, police in Durban said. Police said in a statement that Kensuke Matsumoto (67) ran into a Japanese restaurant in a beachfront hotel about 1.30pm on Saturday. “Mr Matsumoto … does not appear to have been seriously injured,” police said. Police […]
LIBYAN leader Muammar Gadaffi wrapped up a three day visit to Sudan with an appeal to Sudanese opponents abroad to come back home. “I am ready to guarantee their safe return,” he told Sudanese students at a meeting just before heading for the airport for his flight home. “Force cannot solve any problem and all […]
PREPARATIONS for the Southern African Development Community heads of state summit in Lusaka on June 26 are on course, said Zambian foreign affairs spokesman Kimbala Meleka on Monday. Meleka confirmed that SADC defence and foreign ministers are expected to begin arriving in Lusaka from Tuesday to begin finalising the summit’s agenda on Wednesday. Ministers from […]
THE Estcourt Magistrate’s Court on Monday issued a warrant of arrest for former Miss South Africa Kerishnie Naicker after she failed to appear before the court for an alleged traffic offence. She was allegedly caught driving at 190km per hour near the town in March. The magistrate ordered that the execution of the warrant be […]
FORMER Mpumalanga MEC for environmental affairs, Luckson Mathebula, and his girlfriend were denied bail in the Mhala Regional Court in Bushbuckridge on Friday for the alleged murder of Mathebula’s estranged wife. Northern Province police spokesman Senior Superintendent Phuti Setati said Mathebula and 34-year-old Pretty Gama — an employee of Coca-Cola in Nelspruit — will be […]
FRED CHELA & DAN LANGEVELDT, Blantyre | Monday 4.00pm. POST-election violence which erupted in Malawi’s opposition stronghold in the north of the country on Friday has left at least one person dead and ten mosques razed to the ground, police and the Muslim Association of Malawi said on Monday. The violence began in the northern […]
NOT only were the Natal Sharks beaten 23-29 in a Currie Cup match against Griqualand West, but returning from Kimberley on Friday night they narrowly escaped injury when their chartered airplane burst into flame shortly after take-off. The rugby players and about 20 other passengers were returning to KwaZulu-Natal when the right engine on the […]