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/ 27 June 1997

Modise’s meeting a `plot to overthrow

Zambia’s Chiluba’ Anthony Kunda in Lusaka THE Zambian government is portraying a meeting between former president Kenneth Kaunda and South Africa’s Minister of Defence Joe Modise as a plot for armed insurrection. President Frederick Chiluba’s deputies told Zambian journalists this week that the meeting – at Johannesburg’s FNB stadium earlier this month when Zambia’s national […]

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/ 27 June 1997

Staffrider rides again

Amagazine that played a vital role in our literary history is back, writes Chris Dunton STAFFRIDER, so vital in energising South Africa’s literary scene in the late Seventies and Eighties but silent for the last few years, has been relaunched with financial assistance – for the time being, at least – from organisations in Sweden, […]

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/ 27 June 1997

Raider of the lost art

The robber of Egypt’s tombs jailed last week was Indiana Jones with an English accent, writes Sara Boseley JONATHAN TOKELEY-PARRY cuts a flamboyant figure in his bright blue jackets and lime green shirts, his tan and upper-class tones suggesting Raffles or the Raj. He is a Cambridge philosophy graduate and an antiquities restorer turned adventurer, […]

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/ 27 June 1997

Series can’tbe rescued from inside the

laager RUGBY:Steve Morris THE loss of one Test match does not spell the doom of the game of rugby in this country as many would have you imagine. But the return to the laager mentality that seems to prevail among the Springbok management definitely edges the game that way. Gary Teichmann’s side face a monumental […]

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/ 27 June 1997

Rowland attacks JCI/Lonrho deal

FRIDAY, 4.00PM FORMER Lonrho chief Tiny Rowland, who is still the group’s single largest individual shareholder, has attacked Johannesburg Consolidated Investments’ attempt at a merger with Lonrho in full-page advertisements place in the British and South African press. In the ads, Rowland attacks JCI chairman Mzi Khumalo and his relationship with Anglo American, and suggests […]

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/ 27 June 1997

All ears on Kaya’s launch

Ferial Haffajee JUST before dawn on August 1, Kaya FM will take to Gauteng’s airwaves and promises to tackle the contested radio terrain head-on. This station wants to be the voice and preferred listening zone of black economic empowerment. “We’re not a Metro or a five,” says Kaya’s managing director Pat Dambe, referring to its […]

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/ 27 June 1997

Voices from purdah

Radio Islam believes women should remain veiled and silent. JACQUIE GOLDING-DUFFY reports A MUSLIM community radio station – Radio Islam, in Lenasia – has come under fire for allegedly violating its licence conditions and the country’s Consitution by not allowing females on air. Two complaints have been lodged with the Independent Broadcasting Authority’s Broadcasting Monitoring […]

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/ 27 June 1997

Blame the bank, not the workers

Instead of pointing to inflexible labour markets as the cause of South Africa’s unemployment problems, the Reserve Bank should look to its own policies, reports Charles Millward TWO remarkable events connected to the Reserve Bank took place last week. First, Gencor announced that it would transfer (with the permission of the bank) the greater part […]

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/ 27 June 1997

Another R1bn empowerment deal

FRIDAY, 11.00AM BLACK-controlled investment group the National Empowerment Corporation and asset management company Coronation Holdings on Thursday announced they have joined forces in a new investment company, African Harvest Holdings, which starts life off a R1-billion capital base, including R800-million in cash. African Harvest will be created through a R1,25-billion rights offer of Coronation N-shares, […]

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/ 27 June 1997

EDITORIAL: Time for Stals to cut rates

`ACT in haste, repent at leisure” is not an adage one can throw at the Reserve Bank, or its governor Chris Stals. His inaction, when South Africa is crying out for a well- deserved cut in interest rates to put the economy back on a firmer growth path, is nothing short of unpardonable. Instead of […]