MONDAY, 3.00PM THE Greater Johannesburg Metropolitan Council took another blow at the weekend when the Democratic Party and two independent councillors prevented the adoption of the Eastern Metropolitan Substructure’s 1997/98 budget. After Johannesburg’s Northern, Western and Southern Substructures successfully passed their budgets at the weekend, it is now likely that a legal battle is looming, […]
MONDAY, 9.00AM: AMANDA COETZER eased her way into the quarterfinals of the French Open in Paris on Sunday, when she beat eighth-seeded Conchita Martinez 6-7, 6-4, 6-3 in their fourth-round match, the first time she has beaten Martinez. Coetzer said after the two-and-a-half hour match: “Obviously I’m really pleased with the way I’m playing. I […]
MONDAY, 12.00NOON THE Reserve Bank is examining the possibility of reducing its role as the major marketer of SA gold production abroad, Bank sources say, with the likelihood of private sector participation by the end of the year. Bank international banking GM Bertus van Zyl said on Friday the Bank is in negotiations with the […]
MONDAY, 12.30PM The rash of Eurorand bond issues this year have proved a boon for the rand, keeping outlook for the local currency positive and helping to keep it stable, according to Reserve Bank international banking GM Bertus van Zyl. Total outstanding Eurorand bond issues stand at about R19-billion, R13-billion of which were launched this […]
MONDAY, 3.00PM NAMIBIA’s ruling South West African People’s Organisation at its weekend conference resolved to amend the country’s constitution to allow President Sam Nujoma to stand for a third presidential term. Nujoma said he was deeply moved and will make himeslf available “to answer the call of duty and to serve my people in whatever […]
MONDAY, 4.30PM NEDCOR group chairman Chris Liebenberg sais at the weekend that he forewarned both Housing Minister Sankie Mthembi-Mahanyele and Mpumalanga Premier Mathews Phosa that the banking group was firing “Mr Housing”, Kevin Gibbs. He also told them that Nedcor was investigating a series of “highly unethical” irregularities allegedly committed by Gibbs. Lienbenberg said on […]
MONDAY, 9.30AM AT least 50 000 people are expected to converge on Johannesburg city centre today for a Congress of SA Trade Unions march pushing for changes to the new Basic Conditions of Employment Bill, including increased paid maternity leave and a 40-hour working week. A heavy presence is being maintained by police, SANDF soldiers […]
MONDAY, 9.00AM: THE British Lions beat Western Province 38-21 at Newlands Stadium in Cape Town on Saturday, playing to a capacity crowd. Lions led 18-14 at half-time, and kept their concentration levels high throughout the game. Western Province, including eight Springbok players, tried to keep up, and even had a 21-18 lead just after half […]
MONDAY, 11.00AM: THE National Olympic Committee of South Africa (Nocsa) wants to submit urgent representations to Sports minister Steve Tshwete on the draft Sport and Recreation Bill, despite it being after the official deadline. Tshwete granted an extension to the deadline, and a Nocsa delegation will meet sports officials this weekend to discuss the bill. […]
MONDAY, 10.00AM: CROWD-pleasers Kaizer Chiefs drew 1-1 with Qwa Qwa Stars in the crowded Northern Free State Rugby Stadium in Welkom on Sunday, in their Castle Premier League match. Amakhosi had a couple of near-misses in the first half, thanks to the lacklustre performance of striker Mark Williams. When Williams did get a shot into […]