FRIDAY, 11.30AM A CAMBRIDGE University academic, in a wide-ranging report on industrial policy, has criticised the Reserve Bank’s restrictive monetary policy as “uninformed’ and serving the interests of the financial sector to the detrimient of industry. In a working paper prepared for the policy think-tank Trade and Industrial Policy Secretariat, Ha-Joon Chang said industrial policy-makers […]
FRIDAY, 11.00AM: APPEALS against their doping sentences by banned rugby players Johan Ackerman, of Northern Tranvaal, and Bennie Nortje and Stefan Bronkhorst of Gauteng, were rejected on Thursday by the South African Rugby Football Union. The players have been sentenced with a two-year banning after testing positive for illegal substances earlier this season. Sarfu CE […]
There’s more to Jean Paul Gaultier than funny bras and Eurotrash. He talks to SUSANNAH FRANKEL about styling The Fifth Element JEAN PAUL GAULTIER’s peroxide blond crop is resting on a sea of puffed up, chintz- covered pillows in his decidedly genteel hotel suite. Clad in the requisite matelot T-shirt, stove-pipe trousers and ugly shoes […]
Julian Drew IF Bruce Fordyce was South Africa’s Comrades star of the 1980s – and indeed of all time – with his incredible tally of nine victories, South Africa’s star of the 1990s is undeniably Shaun Meiklejohn. He may have only one victory in what is a far more competitive era than the days when […]
Mungo Soggot MINERAL and Energy Affairs Minister Penuell Maduna still has to inform the auditor general why he publicly ousted his top oil official. His reticence is fuelling fears that an expensive four-month probe has found no evidence against the official, Kobus van Zyl. The auditor general’s office said this week that Maduna’s investigating team […]
The fountain of youth that doesn’t run dry with age In South Africa, the definition of youth could fall anywhere between birth and mid- 30s. Maria McCloy considers how the lines have been blurred in today’s society YOUTH, /ju:q/ n. (pl.youths/ju:qz/) 1. the state of being young; the period between childhood and adult age. 2. […]
FRIDAY, 5.30PM FORMER Absa bank executive Bob Aldworth was on Friday sentenced to a fine of R100 000 of six years’ imprisonment for fraud in the Johannesburg Regional Court. Aldworth, who originally faced 10 charges of corruption, theft and fraud totalling R8-million, last week pleaded guilty to a single fraud charge involving R414 000. Eight […]
An insurance company is criticised for using a lie-detector test before paying claims, reports Faizel Cook `IS today Monday?” “Yes” “Are you planning to lie to me during this test?””No” “Did you submit a fraudulent claim to your insurance company?” “No!” And if you’re telling the truth, that should be the end of what is […]
Marion Edmunds A MURDER docket has been opened by the police after a Burundian refugee died on the floor of a Home Affairs Department office in Cape Town half-an-hour after two policemen dumped him there. According to witnesses, Jean-Pierre Kanyangwa was brought in early Monday afternoon, June 2, by policemen who had picked him up […]
FRIDAY, 11.30AM FIVE labour unions on Thursday declared a dispute with metal industry employers after the third round of industry negotiations deadlocked. The Steel and Engineering Industries Federation said its final offer of between 8% and 8,5% was rejected. The unions demanded between 13% and 23%.The National Union of Metalworkers of SA, the National Employees’ […]