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/ 11 June 1997

‘Ignorance’ may end Witbooi’s career

WEDNESDAY, 12.00AM: MARATHON runner Desmond Witbooi was banned for four years on Tuesday after he tested positive for steroids in the SA Marathon championships in February. Athletics SA held a tribunal on the findings, and announced the four-year ban as effective from February 23. Witbooi said the drugs he took were prescribed by his doctor, […]

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/ 11 June 1997

Telkom monopoly hearings begin

WEDNESDAY, 8.30AM THE SA Telecommunications Regulatory Authority has begun its long-awaited hearings on the claims by parastatal Telkom to a five year monopoly over basic Internet access provision. Chariman Nape Maepa said the hearings are likely to take as long as three months, at the end of which, a regulatory framework would be set up. […]

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/ 11 June 1997

Taxi regulation ‘on track’

WEDNESDAY, 4.30PM NINETY percent of SA minibus taxi associations have applied for registration, a sign that attempts to regulate the chaotic industry are on track, Transport Minister Mac Maharaj said on Wednesday. Illegal taxi operators, estimated to comprise half the industry, have until October 31 to register. Maharaj said the registration process has already placed […]

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/ 11 June 1997

R75 for child welfare ‘not enough’

MONDAY, 1.30PM THE National Assembly’s welfare committee on Wednesday unanimously agreed that the welfare department’s controversial proposals for child support benefits of R75 a month per child with an age limit of six years are inadequate, committee chairman Ismail Mohamed said on Wednesday. Mohamed said it appeared that all parties broadly agreed on several aspects […]

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/ 11 June 1997

‘Show us the cash,’ say Downs

WEDNESDAY, 12.30AM: MAMELODI SUNDOWNS midfielder Zane Moosa will move to Moroka Swallows soon, if Swallows make good their offer of R400 000 for the player. Sundowns manager Natasha Tsichlas said: “If Swallows put their money where their mouths are and come up with the cash they can have Moosa.” She added however that she thinks […]

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/ 11 June 1997

Provincial govts face fiscal crises

WEDNESDAY, 8.30AM TWO provincial governments are in dire financial straits, having discovered that they will need massive central government funding to avoid disaster. Mpumalanga legislative committee chairman will attend an emergency meeting on Thursday to discuss ways to cope with an R900 million deficit. The current budget of R5 billion already represents a cutback of […]

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/ 11 June 1997

Amplats to be merged into single listing

WEDNESDAY, 11.30AM ANGLO American Platinum Corporation (Amplats) is to be restructured under a single listed entity through Rustenburg Platinum Holdings, the group said on Tuesday. Amplats MD Barry Davison said the deal involves exchanges of Rusplats shares for shares in Amplats and its operating companies, Lebowa Platinum and Potgietersrust Platinums, and the sale of the […]

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/ 11 June 1997

Anglo abandons city centres

WEDNESDAY, 11.30AM ONE of SA’s largest poroperty owners, Anglo American Property Services (Ampros), has dealt a severe blow to the country’s struggling city centres, by announcing it will sell all its central business district properties in Johannesburg, Pretoria, Durban and Cape Town. Ampros’s three listed vehicles, Apex Property Fund, Compass Property Holdings and Anglo American […]

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/ 11 June 1997

Surprise drop in producer inflation

WEDNESDAY, 8.30AM ECONOMISTS were delighted by April’s producer inflation rates from the Central Statistical Services, the first in months to show a sharp decline. April’s inflation rate was 8,8%, against 9,6% in March. A key factor was the drop in world crude oil prices which brought the imported commodities component of the Producer Price Inflation […]

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/ 11 June 1997

SA hockey men beat Italy 2-1

WEDNESDAY, 12.30PM: THE South African men’s hockey team beat Italy 2-1 in their second international in Rome on Tuesday, overtaking Italy’s 1-0 half-time lead. Greg Nicol and Mike Cullen scored one goal each in the 43rd and 49th minutes respectively. The win was a boost to the team’s confidence after their 3-3 draw with Italy […]