MONDAY, 11.00AM: THE South African Protea women’s netball team beat the Australian Institute of Sports 60-54 in Perth on Saturday, in their last match before they face the World Champions Australia in the third and final Test match on Wednesday. Team manager Lorraine Lewis said: “The team played a more relaxed game. It has given […]
MONDAY, 2.00PM: THE National Sports Council has criticised the new draft Sports Bill, saying it will detract from the current autonomy of sporting bodies in South Africa. The draft Bill, if passed, will give the Department of Sport effective control over all sport, and proposes to establish 30 statutory national and provincial bodies to monitor […]
MONDAY, 12.00NOON SIERRA LEONE rebels have won back the airport from Nigerian troops, preventing an air strike against them. The Nigerians have dithered over their promised attack against Freetown, allowing the rebels to strengthen their position. The rebels claim to have captured two Nigerian officers who had landed with a cargo of machine gun shells […]
MONDAY, 8.00AM THE African National Congress is believed to have offered Inkatha leader Mangosuthu Buthelezi a more senior cabinet post — probably the second deputy presidency vacated by FW De Klerk — in return for his stepping down as chairman of the KwaZulu Natal house of traditional leaders. An exploratory ANC document released to the […]
MONDAY, 10.30AM The rate on three-month treasury bills dropped 20 basis points at Friday’s weekly auction, from 15,64% to 15,46%, a sure sign of market expectations of an imminent drop in long-term interest rates. The bills are bought by commercial banks at a weekly Reserve Bank auction. The Reserve Bank pays the bills back with […]
IS JOHN VORSTER STILL A SQUARE? The largest police station in Gauteng, John Vorster Square, held public hearings on a name change for the station on Monday. Members of the Johannesburg CBD community policing forum and various police unions submitted suggestions. Police spokesman Inspector Riaan Prinsloo said: “The change is happening because it was the […]
MONDAY, 11.00AM: THE British Lions suffered their first tour defeat on Sunday when Northern Transvaal beat them 35-30 at Loftus Versfeld stadium in Pretoria. The Blue Bulls, made up of young players, didn’t have to work very hard for their victory, as the Lions defence was weak in the first half. Lions coach Ian McGeecham […]
MONDAY, 10.30AM FOLLOWING last week’s successful Samurai bond offer, Finance Minister Trevor Manuel and his team will jet off to New York next week on a roadshow to launch a $500-million 20-year Yankee bond issue aimed at further boosting SA’s foreign exchange reserves ahead of lifting forex controls. Meanwhile, the Reserve Bank is expected to […]
MONDAY, 11.30AM A THIRD licence to operate a cellular telephone network will be issued before year’s end, SA Telecommunications Regulatory Authority chairman Nape Maepa said at the weekend. “There is no reason to wait. The licence hs been on the cards since 1993,” he said. Satra last week announced it was appointing a consulting team […]
MONDAY, 12.00NOON FIGHTING has broken out in the Congo capital of Brazzaville between armed supporters of former president Denis Sassou Nguesso and the army. Nguesso’s heavily armed supporters are reported to have taken control of the centre of he capital and surrounded key government offices. Hundreds are believed to have been killed in bitter fighting. […]