TUESDAY, 11.30AM GOLD managed to keep its head above the $320/oz mark in international markets on Monday, giving a measure of confidence to gold shares on the Johannesburg Stock Exchange. Bullion traded between $320,20 and $322,10 on European markets, closing in both London and New York at $320,85. The JSE’s all gold index plucked up […]
TUESDAY, 11.30AM SOUTH Korea’s Daewoo Motor Company is on the verge of making a decision on a car assembly plant in South Africa, according to the company’s SA public relations manager Nick Bates. “Port Elizabeth is high on the list of priorities, as is Pretoria; obviously becasue of the motor industry already situated there. But […]
MONDAY, 4.00PM THE Chamber of Mines and the National Union of Mineworkers on Monday announced a historic accord linking wage increases to improved productivity and increased production in the gold mining industry. Both parties hailed the agreement as being in the best interests of the gold mining industry and as the best option for its […]
TUESDAY, 8.00AM BUSHBUCKRIDGE is to remain part of Northern Province, but some government functions will be taken on by Mpumalanga, in a compromise on the provincial border dispute proposed by a joint government and Bushbuckridge Border Committee task team. The proposal was announced by Provincial Affairs Minister Mohamed Valli Moosa, who said the premiers of […]
TUESDAY, 1.30PM EDUCATION Minister Sibusiso Bengu on Monday announced a new schools language policy which allows pupils to choose their preferred language of tuition while avoiding forcing schools to cater to more than one language group and moving away from compulsory study of black languages. The potentially controversial new policy will allow single-language schools where […]
TUESDAY, 11.30AM A FORENSIC audit of wine and spirits co-operative KWV ordered by Land and Agriculture Minister Derek Hanekom has held that certain of KWV’s assets “are of a public nature”. Hanekom’s legal adviser Stephen Goldblatt said the audit, by Fisher, Hoffmann abd Sithole, had not quantified the extent of “public ownership”, but a report […]
TUESDAY, 4.30PM FORMER head of the erstwhile National Intrelligence Service Niel Barnard told the Truth and Reconciliation Commission on Tuesday that several people currently occupying prominent leadership positions in SA had supplied information to the apartheid intelligence agency during the 1980s. Barnard, now Director-General of the Western Cape, was subpoenaed to by the TRC to […]
PRESIDENT Mandela, on a state visit to Indonesia, said on Tuesday that the SA government would sell arms to Indonesia for external defensive purposes "without hesitation", and will not put pressure on the Indonesian government over its occupation of East Timor.
PORNOGRAPHER CLEARED SA Hustler publisher Joe Theron on Monday had all charges against himself and two employees withdrawn by Southwark Crown Court when the prosecution failed to produce any evidence. Theron stood accused of importing obscene material into the UK in violation of the country’s Obscene Publications Act of 1959 and the Customs Consolidation Act […]
TUESDAY, 10.45AM: The fighting in Sierra Leone, following the coup d’etat there, has forced the Confederation of African Football (CAF) to shift the Sierra Leonean national team’s two remaining matches in the African Cup of Nations Cup qualifiers to Mali. Sierra Leone needs to win both games to qualify for the finals in Burkina Faso […]