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/ 12 September 1997

NUM general secretary is tipped for ANC

Sechaba kaNkosi National Union of Mineworkers (NUM) heavyweights met their counterparts in the African National Congress this week to discuss the nomination of their general secretary, Kgalema Motlanthe, for the post of ANC secretary general, the most powerful political position in the country outside Parliament. Until now, most political and labour analysts have viewed Motlanthe […]

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/ 12 September 1997

Who needs the provinces?

Shenanigans and infighting in the provinces have led the ANC to consider restructuring regional government. Marion Edmunds reports The African National Congress in central government is increasingly worried about the ability of its comrades in the provinces to deliver. So much so that strategic thinkers in the higher ranks are starting to think that the […]

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/ 11 September 1997

Markets wallow in gloom

THURSDAY, 11.00AM: The gloomy sentiment that his beset local markets this week continued on Wednesday as weak international markets added to the general gloom to push major indices on the Johannesburg Stock Exchange lower. Turnover, at R1-billion was higher than it has been this week and producer inflation figures released on Tuesday were positive, but […]

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/ 11 September 1997

EU offers Lomé clarification

THE European Union responded almost immediately to Parliament’s demand for clarification of a controversial clause before ratifying SA’s qualified accession to the Lomé Convention. Parliament last week refused to ratify the accession because of concern about the meaning of the term ad hoc as applied to input credits for products made in SA’s Africa-Caribbean-Pacific neighbours, […]

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/ 11 September 1997

Barker’s future plans

THURSDAY, 12.30PM: WHEN Bafana Bafana take on France in a friendly match in Lens on October 11, Ajax Amsterdam’s striker Benedict “Cellular” McCarthy is likely to spearhead the national soccer team’s attack. National coach Clive Barker said he will be pinning his hopes on the youngster to score the winning goals. “He is brilliant and […]

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/ 11 September 1997

Squads for Northerns vs Easterns clash

THURSDAY, 12.30PM: NORTHERN Transvaal rugby selectors have named an unchanged squad to face Eastern Province in a Bankfin Currie Cup match at Loftus Versveld Stadium on Friday night. Injured hooker Jannie Brooks and Springbok tighthead Marius Hurter have been rested. NORTHERN TRANSVAAL SQUAD: Thys Potgieter; Archer Dames, Grant Esterhuizen, Johan Schutte, Casper Steyn; Roland de […]

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/ 10 September 1997

Pessimism hits markets

WEDNESDAY, 11.00AM: PESSIMISM about the softening SA economy and gloomy sentiment on international markets kept investors away from the Johannesburg Stock Exchange on Tuesday, giving industrial shares a sharp knock. The thin volumes and bullion’s doldrums dragged the gold index to its lowest level in two months, losing 12 points to close at 981. Industrial […]

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/ 10 September 1997

Sponsorship spat nearly resolved

WEDNESDAY, 12.30PM: UNITED Cricket Board managing director Ali Bacher on Tuesday said the sponsorship row surrounding cricket and golf will be resolved within the next three days. “We have reached a stage where there are only a couple of issues that need to be ironed out,” he said. Bacher said he and former PGA Tour […]

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/ 10 September 1997

July PPI lowest in a year

TUESDAY, 11.30AM: PRODUCER inflation in July fell to its lowest level in 12 months, with the annualised producer price index at 6,9%, a 0,6 percentage point decline over June’s figure. The July PPI is the lowest the index has been since July 1996, when the figure was 6,6%. The annualised PPI for locally produced commodities […]