WEDNESDAY, 10.30AM GOVERNMENT has received non-binding offers from the four preferred bidders for a 100% stake in parastatal Sun Air ranging from R60-million to R120-million. Rethabile-Comair, a wholly black-owned consortium supported by Comair leads the race with the highest bid of R120-million, while Malaysia Airlines, which has no black empowerment partner and may not make […]
WEDNESDAY, 1.00PM: WORLD soccer governing body Fifa said yesterday it will support any disciplinary action taken against the South African team for their behaviour last weekend. Bafana Bafana players threatened to boycott their England meeting the night before the Old Trafford match, unless their demands for match fees were met by the South African Football […]
THLOLOE QUITS SABC JOE THLOLOE, editor in chief of TV news has quit, apparently in response to moves to bring in former Rand Daily Mail editor Allister Sparks as a consultant. Thloloe’s decision comes a day after his boss, Jill Chisholm, head of television, announced that she would leave in June. Background article on row […]
TUESDAY, 12.00NOON: SOUTH AFRICAN cyclists Garen Bloch and Jean Pierre van Zyl both won bronze medals at the World Cup qualifying event at Cali in Colombia at the weekend. Bloch came third in the points race, and Van Zyl did the same in the Kierin race. Bloch also set a new South African record when […]
TUESDAY, 10.30AM TRANSPORT Minister Mac Maharaj on Monday announced a five-year plan to upgrade SA’s international airports, at a cost of R1,2-billion. The money is to be spent on transforming major airports and developing dormant land around SA airports. Maharaj also announced that no fewer than eight international airport authorities had shown an interest in […]
MONDAY, 10.30AM BUSINESS Map consultants said yesterday that foreign direct investment commitments since the 1994 democratic elections have surpassed R31,6-billion. The business intelligence consultants made the statement on the eve of the release of its 1997 SA Investment Report, which will show that foreign direct investment commitments for the first four months of this year […]
TUESDAY, 11.00AM: IAN WOOSNAM stayed ahead of the pack and won the British Volvo PGA golf tournament in Wentworth on Monday, with 275. Ernie Els of South Africa put in a brave effort, jumping up the ranking in the last rounds to finish second with 277, together with Nick Faldo and Darren Clarke. Colin Montgomerie, […]
TUESDAY, 12.00NOON: TENNIS star Amanda Coetzer of South Africa continued in top form on Monday, the opening day of the French Open in Paris. Coetzer played to an easy victory over Italian Rita Grande in their women’s singles first round match, beating her 6-4, 6-0. Fellow South African Joannette Kruger had a dismal first round […]
TUESDAY, 9.30AM NEW JCI chairman Mzi Khumalo faces his toughest test yet, with the probable decision to retrench thousands of workers at Randfontein Estates, after the mine posted a R2,9-million loss in the first quarter of this year. A company spokesman agreed that “downsizing” talks have been held with the National Union of Mineworkers for […]
TUESDAY, 8.00AM NEW AGE Beverages, the troubled local Pepsi bottler, halted production yesterday, and refused to allow workers into the plant. Workers, who gathered around the gates, were told to come back on Wednesday. They have been paid until the end of May. (See below) Shares in Standard Bank Investments, which financed the Pepsi bottler, […]