TUESDAY, 7.30PM: SHARES on the Johannesburg Stock Exchange ended off their lowest levels on Tuesday, but due to the 18% hike in the repo rate by the South African Reserve Bank, markets remained bearish. Dealers said that although the drastic measure was implemented to save the rand exchange rate, other markets were swamped by the […]
WELL over 70% of tenders for retail space in the international departures terminal at the Johannesburg International Airport have been awarded to black-controlled or empowerment companies, the Corporate Tender Board of the Airport Companies of South Africa announced on Monday. The board said that only 10% of the 38 local and international tenders awarded did […]
WELFARE Minister Geraldine Fraser-Moleketi, resident representative of the United Nations Development Programme (UNDP) David Whaley and the director of the International Labour Organisation (ILO) Kenneth Andoh on Friday signed an agreement regarding a programme to aid poverty relief in South Africa. The UNDP and ILO’s Micro-Save programme targets community-based groups of poor families and households, […]
AMANDA Coetzer faces an uphill battle in her first round match at the French Open tennis tournament which begins in Paris on Monday. The 14th seeded Coetzer has lost twice to her opponent, Japan’s Ai Sugiyama. However, should Coetzer get past Sugiyama, the way looks clear to the quarter-finals, where she would probably play second […]
IF any cricket World Cup team can claim to have a psychological edge over an opponent, then it must be Alistair Campbell’s Zimbabwe over Alec Stewart’s England. The African side, who only joined the Test-playing nations seven years ago, are England’s jinx team, having won five of the six one-dayers between them. Worse still for […]
THE army chief in the Democratic Republic of Congo (DRC) Faustin Munene threatened on Monday night to “attack Bujumbura”, the capital of Burundi, in reprisal for Burundi’s alleged active support for rebels in the eastern DRC. Munene blasted what he called the “military involvement of the Burundian army” alongside rebels who took up arms against […]
MONDAY, 2.00PM: IT will be at least two years before provinces get the powers to levy the taxes allowed by the Constitution and strongly urged by the Financial and Fiscal Commission, because the South African Revenue Service cannot collect and distribute taxes regionally. Originally, it was expected that legislation controlling such taxation would be in […]
SPECIAL voting for the elections will kick off on Wednesday as part of the general elections set for June 2. The special elections are to be held at South African embassies, consulates, high commissions or missions abroad and at local voting stations for voters who will be out of the country or away from home […]
THE European Union and Rwanda have signed a 68-million-euro finance package deal, according to an EU statement received here on Thursday. The bulk of the package, worth some 66 million euros will take the form of direct budget support and constitutes the EU’s contribution to a structural adjustment plan and the economic reforms undertaken by […]
TEN people were killed and several dozen were wounded when rebels from Sierra Leone attacked a village near Forecariah in southern Guinea at the weekend, Guinean television reported late on Monday. Villagers told television reporters that more than 200 men armed with Kalashnikov assault rifles and machetes attacked the village of Tassin on the border […]