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/ 3 June 1997

Mpumalanga housing project ‘is going ahead’

MONDAY, 4.30PM THE Motheo construction company at the centre of the Mpumalanga housing scandal is not about to close its doors, and the Mpumalanga rural housing project is going ahead, Motheo director Thandi Ndlovu said on Tuesday. Ndlovu was responding to rumours which surfaced in a parliamentary housing committee hearing into the project, when Motheo […]

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/ 3 June 1997

Coetzer can shuffle the rankings

TUESDAY, 9.00AM: IF eleventh-seed Amanda Coetzer beats second-seed Steffi Graf in their French Open quarterfinal match on Wednesday, Graf could slip one position in the rankings. The five-time winner of the French Open was beaten hollow by South African Coetzer at the German Open in Berlin last month, losing 0-6, 1-6. Graf said on Tuesday […]

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/ 2 June 1997

Sierra Leone army attacks Nigerian peacekeepers

PAGAD MARCHFIVE HUNDRED members of People Against Gangsterism and Drugs marched on Caledon Square police station on Saturday, in an appeal to police to work harder to fight crime. Police stopped the march twice, to remove some marchers’ face masks, as this is illegal. A house in Athlone, in the Cape Flats region, was bombed […]

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/ 2 June 1997

Crisis as council budget rejected

MONDAY, 3.00PM THE Greater Johannesburg Metropolitan Council took another blow at the weekend when the Democratic Party and two independent councillors prevented the adoption of the Eastern Metropolitan Substructure’s 1997/98 budget. After Johannesburg’s Northern, Western and Southern Substructures successfully passed their budgets at the weekend, it is now likely that a legal battle is looming, […]

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/ 2 June 1997

Amanda squares up with Steffi

MONDAY, 9.00AM: AMANDA COETZER eased her way into the quarterfinals of the French Open in Paris on Sunday, when she beat eighth-seeded Conchita Martinez 6-7, 6-4, 6-3 in their fourth-round match, the first time she has beaten Martinez. Coetzer said after the two-and-a-half hour match: “Obviously I’m really pleased with the way I’m playing. I […]

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/ 2 June 1997

Bullion sales to go private?

MONDAY, 12.00NOON THE Reserve Bank is examining the possibility of reducing its role as the major marketer of SA gold production abroad, Bank sources say, with the likelihood of private sector participation by the end of the year. Bank international banking GM Bertus van Zyl said on Friday the Bank is in negotiations with the […]

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/ 2 June 1997

Eurobonds steady the rand

MONDAY, 12.30PM The rash of Eurorand bond issues this year have proved a boon for the rand, keeping outlook for the local currency positive and helping to keep it stable, according to Reserve Bank international banking GM Bertus van Zyl. Total outstanding Eurorand bond issues stand at about R19-billion, R13-billion of which were launched this […]

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/ 2 June 1997

Swapo approves third term for Nujoma

MONDAY, 3.00PM NAMIBIA’s ruling South West African People’s Organisation at its weekend conference resolved to amend the country’s constitution to allow President Sam Nujoma to stand for a third presidential term. Nujoma said he was deeply moved and will make himeslf available “to answer the call of duty and to serve my people in whatever […]

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/ 2 June 1997

Nedcor boss ‘forewarned housing minister’

MONDAY, 4.30PM NEDCOR group chairman Chris Liebenberg sais at the weekend that he forewarned both Housing Minister Sankie Mthembi-Mahanyele and Mpumalanga Premier Mathews Phosa that the banking group was firing “Mr Housing”, Kevin Gibbs. He also told them that Nedcor was investigating a series of “highly unethical” irregularities allegedly committed by Gibbs. Lienbenberg said on […]

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/ 2 June 1997

Thousands march countrywide in Cosatu strike

MONDAY, 9.30AM AT least 50 000 people are expected to converge on Johannesburg city centre today for a Congress of SA Trade Unions march pushing for changes to the new Basic Conditions of Employment Bill, including increased paid maternity leave and a 40-hour working week. A heavy presence is being maintained by police, SANDF soldiers […]