Transnet has fired a key executive just four months after he was appointed. Are the surviving executives up to the job of managing one of the country’s biggest businesses? Stuart Hess reports TRANSNET has fired executive director Sipho Nyawo following an independent investigation into credit card abuse. The parastatal briefed Minister of Public Enterprises Stella […]

With the National Working Committee stepping in to take control of the Free State, Terror Lekota has been given a second chance to be a premier, reports Gaye Davis FREE STATE Premier Terror Lekota has been thrown a lifeline by the African National Congress national leadership’s dramatic intervention in the faction-torn region – but to […]

Rehana Rossouw THE campaign against gangsterism and drugs will intensify in the next few weeks and Cape Town’s Waterfront could see more protests, People Against Gangsterism and Drugs (Pagad) said this week. Last weekend, Achmat Najjaar, the brother of a prominent Muslim scholar Sheikh Thafier Najjaar, was shot and killed during a clash with the […]

SA The North-West government is bracing itself for an outcry over a massive influx of Chinese immigrants, reports Marion Edmunds AN immigration consultancy is making preparations to bring 55 000 Chinese families into South Africa next year from Hong Kong, Taiwan and mainland China. The Gauteng-based company, Exec-Immigration, confirmed this week that they had landed […]

Mungo Soggot THE series of transactions that have massively boosted black ownership of pay TV channel M-Net will inevitably prompt more black representation on its board, says chief executive Gerrie de Villiers. M-Net will soon represent one of the largest black empowerment transactions to date. The revolution in the company, which started life as a […]

Max Gebhardt THE rand’s latest fall will push inflation higher, demanding the restrictive monetary policy which has previously forced up interest rates, Reserve Bank Governor Chris Stals warns. In an exclusive interview with the Mail & Guardian, Stals also says it is anyone’s guess where the embattled currency will settle. “Any person willing to predict […]

Jacquie Golding-Duffy Seven of the eight charges brought against the South African Broadcasting Corporation’s (SABC) general manager of television programme policy, planning and co- production, Melanie Chait, have been dropped. However, an SABC spokesman said Chait had received a written warning in connection with the eighth charge, which was “insubordination”, and was upheld. Chait was […]

Minister of Defence Joe Modise takes a tough line on the `arrogant mindset of the old SADF AT the time of our first ever democratic election, the thought in everyone’s mind was whether the defence force would support change. The result thus far has been encouraging, bearing in mind that in defence, more than in […]

John Glover in Milan THE privatisation of Stet, Italy’s telecom group, originally set for next March, now seems certain to be delayed. Meanwhile, IRI, the giant state holding company of which premier Romano Prodi was twice president and which controls Stet, is sliding fast toward disaster. Preventing IRI from going over the edge is vital. […]