FRENCH MINISTER VISITS FRENCH Foreign Minister Hubert Vedrine will arrive in South Africa on Thursday for his first visit to the country, at the invitation of Foreign Minister Alfred Nzo, the foreign affairs department said on Wednesday. During Vedrine’s visit — his first in Africa in his capacity as Foreign Minister of the new French […]
WEDNESDAY, 5.30PM: SOUTH Africa came back fighting in their second inningsof the first Test against Pakistan at Rawalpindi on Wednesday, finishing the day on 139 for one wicket, leaving them in need of 118 runs to avoid a follow-on. Openers Gary Kirsten and Adam Bacher got South Africa off to a good start, adding 107 […]
WEDNESDAY, 1.00PM THE Johannesburg Stock Exchange was saved from a dull day on Tuesday by a wave of last-minute buying by institutional investors. The day closed with three of the four major indices firmer: industrials climbed 46 points to 8 856, while financials gained 24,5 points to 10 007, its first foray into five digits […]
WEDNESDAY, 1.30PM: BAFANA BAFANA coach Clive Barker took the 10 locally based Bafana Bafana players through their paces at the Rand Stadium on Tuesday before they departed for France on Tuesday afternoon. “I want every player to be razor sharp as we intensify our preparations for next year’s World Cup finals,” said Barker. He said […]
TUESDAY, 11.30AM The imminent of the latest report of the Katz commission into taxation is adding momentum to moves to enable provinces to levy their own taxes. On Monday, the finance department said the Constitution requires legislation giving provinces power to tax personal income in addition to national taxation to be in place by early […]
TUESDAY, 5.30PM: THIRTY-FIVE farms have been made available for South African and Mozambican commercial farmers in Mozambique, the SA Chamber of Agricultural Development in Africa (Sacada) revealed on Tuesday. Sacada president Dries Bruwer said: “These developments are the culmination of complex talks over the past two years to find ways in which South African agricultural […]
MONDAY, 5.30PM BONDS ended little changed on Monday after an initial sell-off was countered by Eurorand hedging. At 4pm the benchmark long government bond, the R150, was quoted 0,5 basis points weaker at a 13,715% yield. The longer-dated R153 bond was one basis point softer at a 13,84% yield. The Eskom E168 bond was 0,5 […]
TUESDAY, 9.30AM AN American lawyer representing the giant US drug company Merck, warned the parliamentary health committee yesterday that it would pull out of South Africa and deny SA access to any new anti-AIDS drugs if a new medicines bill is not withdrawn. The controversial drugs bill is designed to lower the costs of drugs […]
SA PUPILS TO CHILDREN’S SUMMIT NINE South African school pupils, representing each of the country’s provinces, will be given the chance to express their views on children’s issues at an international meeting in Accra, Ghana, from Wednesday. They will be members of a 30-strong South African delegation attending the Africa Summit of the Children and […]
TUESDAY, 11.30AM The state-owned National Housing Finance Corporation dispensed about 215 000 home loans worth R443-million in its first year as a public company. According to the corporation’s first annual report, released on Monday, in the first financial year to end March, it granted five loan facilities worth a combined R115-million to institutions, which are […]