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/ 28 November 1997

Cultures clash on driving out Web racists

Elizabeth G Olson The World Wide Web site of a group called the Charlemagne Hammerskins opens with an image of an armed, masked man beside a swastika. A click on a button below labelled “Access for sub-humans” yields a picture of an apparent concentration camp, captioned: “Be assured, we still have many one-way tickets for […]

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/ 28 November 1997

Black Friday on the JSE

FRIDAY, 5.30PM: IT was a bad Friday at the JSE, as the disappointing money supply and credit extension figures from the Reserve Bank (see below) helped drive the JSE southwards, and the gold price remained at low levels. The all gold index fell 30 points to 727 — its worst level in14 years. The JSE […]

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/ 28 November 1997

Radio romps ahead with local music

Mail & Guardian reporters The beginning of November was D-day for radio stations: one in five songs or 20% of their music must now be a home-brew. Although a number of radio stations are below that quota, only one has applied to the Independent Broadcasting Authority for a broadcasting exemption. Highveld Stereo’s station manager Malcolm […]

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/ 28 November 1997

Intel inside: Big bully in a small chip

Intel maintains its dominance of the microchip market by suing companies that compete with it. Tim Jackson tells the story of one of these battles In the mid-1980s, George Hwang decided to start a new business combining his own expertise in process technology and manufacturing with the talents of Bob Woo, a friend with an […]

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/ 28 November 1997

Casino bidder to put up R20m for sports

centre Wonder Hlongwa Controversial Durban businessman Vivian Reddy, who was suspected of being the mysterious Sarafina II donor, has once again attracted attention for his generosity. Last week he announced an “eight digit” contribution to the Curries Fountain Stadium Sports Development Centre. The Mail & Guardian has learnt that Afrisun, a company in which Reddy […]

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/ 28 November 1997

Darkening the corporate pigment

Thebe Investment Company pioneered a new South African corporate culture but black business still has far to go, writes Charlene Smith Seven years ago there were no black companies listed on the Johannesburg Stock Exchange; indeed there was not a single black corporation. Pondering this, Vusi Khanyile, then finance head of the African National Congress, […]

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/ 28 November 1997

Province threatens jail to overspenders

FRIDAY, 10.30AM: KWAZULU-Natal Finance MEC Ben Ngubane on Thursday told the provincial legislature that the Ulundi government is drafting legislation that will lead to department heads being jailed for spending beyond their budgets. Ngubane said that he also intends setting up a commission of inquiry to establish the reasons for the province’s financial problems and […]

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/ 28 November 1997

SA’s new `bad girl’

The Generations leading actor has `committed suicide’, write Charl Blignaut and Janet Smith This week, notorious advertising executive Hilda Letlalo unceremoniously committed suicide in an SABC studio – and viewers of South Africa’s most popular locally produced soap opera won’t get a chance to see her demise. That’s because Vinoliah Mashego, the award- winning TV […]