WINNIE AT TRC IT IS “more than likely” that ANC Women’s League president Winnie Madikizela-Mandela will be called by the Truth Commission to explain her involvement in the kidnapping and death of child activist Stompie Seipei in 1989, commissioner Yasmin Sooka said today — the first official confirmation that the commission intends issuing a subpoena […]
THURSDAY, 11.00AM The long-awaited trade in rand-dollar futures began yesterday on the SA Futures Exchange and the Chicago Mercantile Exchange. Dealing in the futures and options, which allow investors to hedge future risk, made a slow start, with trade in Chacago outpacing Johannesburg. Only one contract was completed in Johanesburg, as opposed to 150 in […]
WEDNESDAY, 6.30PM BUSINESS confidence was up last month. thanks to the stability of the rand, the possible peaking of the inflation rate and a sustained inflow of foreign capital. “The business mood remains cautiously optimistic,” South African Chamber of Business economic policy director Ben van Rensburg said on Wednesday, announcing that the Sacob monthly business […]
THURSDAY, 4.00PM: AN African National Congress town councillor from Richmond in the KwaZulu-Natal Midlands was early Thursday shot dead as he left his home. Rodney van der Byl, 54, was shot about eight times in an attack local residents say is linked to Van der Byl’s refusal to resign in support of expelled Midlands ANC […]
THURSDAY, 4.00PM: SINCE former Zimbabwean president Canaan Banana was accused of homosexual rape by his former aide de camp earlier this year, dozens of students, soccer players and soldiers have approached police investigating the claims with complaints that they too had suffered sexual harassment from Banana, the Financial Gazette repotred Thursday. The allegations first arose […]
THURSDAY, 12.30PM: SANET MARAIS continued her winning streak in the Bell’s Women’s Open amateur golf championship in Killarney, Johannesburg — she triumphed in the matchplay section. yesterday with two wins. Marais beat both Desiree Earle (5/3), and Lindsay Cummings (4/3) in quick bouts. She is certainly going through to play in the quarterfinals, as is […]
THURSDAY, 12.30PM: SPRINGBOK utility back Gavin Johnson is the latest player down in the string of casualties that has plagued the Gauteng Lions in the Super 12. Johnson, who hurt his shoulder on April 12 in a match against Northern Transvaal, has been scheduled for an operation on May 21, and will be out of […]
WEDNESDAY, 6.30PM PLAIN CLOTHES officials from the Mpumalanga safety and security department were rebuked by chief magistrate Heinrich Moldenhauer for intimidating witnesses at his inquiry into fake drivers’ licences. Moldenhauer summoned assistant director Phillip Mahlangu to his chambers, and complained to Mpumalanga premier Mathews Phosa. A group of half a dozen officials stood outside the […]
WEDNESDAY, 11.30AM GOVERNMENT has announced a deal with an international consortium led by Phillips oil to prospect for oil and gas deposits along a 1 500km stretch of seabed off the KwaZulu-Natal coast. The consortium involves Phillips, with a 40% interest, and PanCanadian Petroleum, Energy Africa and Sasol, each with 20%. If oil or gas […]
WEDNESDAY, 6.30PM THE Independent Broadcast Authority failed to allocate resources effectively “and with probity” and there was evidence of a serious lack of financial controls, the Auditor General’s damning report to parliament said today. (Wednesday) The report says a fundamental review of the way the IBA conducts its finances is required. The report confirms widespread […]