TUESDAY, 9.30AM NEW JCI chairman Mzi Khumalo faces his toughest test yet, with the probable decision to retrench thousands of workers at Randfontein Estates, after the mine posted a R2,9-million loss in the first quarter of this year. A company spokesman agreed that “downsizing” talks have been held with the National Union of Mineworkers for […]
TUESDAY, 8.00AM NEW AGE Beverages, the troubled local Pepsi bottler, halted production yesterday, and refused to allow workers into the plant. Workers, who gathered around the gates, were told to come back on Wednesday. They have been paid until the end of May. (See below) Shares in Standard Bank Investments, which financed the Pepsi bottler, […]
Two South Africans held by Zimbabwean police on suspicion an assassination attempt of Mandela were innocent, sources say.
TUESDAY, 3.30PM PRESIDENT Nelson Mandela on Tuesday said it would be suicidal for Laurent Kabila, the self-proclaimed president of the Democratic Republic of Congo (formerly Zaire), to allow free political activity before he had a firm grip on the country’s government. Speaking after talks with Kabila ally Ugandan President Yoweri Museveni, who is in SA […]
TV CHIEF QUITS JILL CHISHOLM, cheif executive of SABC television, will leave in June when her two year contract expires. Chisholm said she had never intended staying at the SABC longer than two years, and would continue to assist as a consultant. NEW NATION CLOSES NEW NATION newspaper will publish its last edition on Friday, […]
TUESDAY, 4.30PM A NIGERIAN general has suggested that West African countries neighbouring Sierra Leone may step in to reverse Sunday’s army coup. West Africa has a joint 11 000-member ”peace force” called Ecomog, which includes a Sierra Leone contingent. Major General Victor Malu said in Lagos that no country could sit back to watch junior […]
MONDAY, 1.00PM: AUCKLAND trampled over the Natal Sharks in their Super 12 semifinal clash in Eden Park in Auckland on Saturday, winning 55-36. It was a thorough victory, with Auckland dominating the field all the way through, leading with 45-5 at one point. Sharks coach Ian McIntosh said Natal was responsible for the loss, making […]
MONDAY, 11.30AM: ERNIE ELS is homing in on the leader Ian Woosnam in the Volvo PGA championships at Wentworth, North Carolina, after finishing with a 67 in the third round on Sunday. Woosnam carded 70, bringing his total to 205, and Darren Clarke kept close on his heels with a total of 206. Els is […]
MONDAY, 10.00AM NEW Age Baverages, the local Pepsi bottler which last week applied for voluntary liquidation after Pepsico US refused a guarantee a bank lifeline, owed creditors more than R419-million at the end of April, the Witwatersrand High Court heard on Friday. Major creditors are Standard Merchant Bank, where NAB held a R195-million overdraft, which […]
MONDAY, 10.30AM SENIOR Reserve Bank and finance department officials will bve dispatched to the Democratic Republic of the Congo this week to help new President Laurent Kabila rebuild his country’s bankrupt economy. Deputy-President Thabo Mbeki announced the mission, saying it followed a request by Kabila’s alliance. Mbeki said Kabila’s government has to restore a stable […]