BLACK control of market capitalisation on the JSE fell sharply last year and could decrease further in 2000 as several firms unbundle non-core assets, an investment firm said. BusinessMap, an investment strategy group which tracks the black economic empowerment process, said in its annual report that the black share of ownership could drop to 2,1% […]
OWN CORRESPONDENT, Johannesburg | Friday 5.30pm THE Johannesburg Stock Exchange ended marginally weaker on Friday weighed by a fall in the gold index despite steady bullion and ignoring strength in some financial and information technology stocks. The all share index closed the week down 17 points or 0,22% after a quiet day’s trade ahead of […]
INDONESIAN President Abdurrahman Wahid left South Africa on Monday at the end of a two-day official visit. Wahid, accompanied by his wife Sinta Nuriyah, was headed for Cancun, Mexico, before travelling on to the G77 Summit in Havana and a meeting with Cuban President Fidel Castro. Over the weekend, Wahid held talks in Pretoria with […]
UNIONS from Southern Africa Development Community countries have criticised the Zimbabwe government for its role in the country’s deteriorating political situation. “The failure by the government to respect the rule of the judiciary … is bound to lead to the complete breakdown in social order and will make the country ungovernable,” the unions said in […]
THE Bulls sank further down the Super 12 table, after being beaten 34-15 by the Queensland Reds at Ballymore on Saturday. The Bulls’ backline play was unimaginative and the match belonged to the Reds from the kick-off, with the Bulls barely able to string a backline move together. Queensland evened its Super 12 record at […]
OVER 1000 people have been arrested during the first week of the Western Cape leg of Operation Crackdown. Police say 750 people were arrested for serious offences, while 15 handguns and 25 stolen vehicles were recovered during the period April 1 to 6. Police have also seized 226kg of dagga, 133 Mandrax tablets, 15gm of […]
HACKERS have threatened to destroy a South African student web site unless it removes a game in which blobs of oil are squirted on Zimbabwe’s President Robert Mugabe. A group called “Hackers for the People” made the threats against the Get-a-Life site (www.gAL.co.za) unless the “Squirt Diesel at Bob Mugabe” game was removed by Friday, […]
DAVID SHAPSHAK, Durban | Saturday 7.00pm. CATS captain Rassie Erasmus scored twice to lead his team to a 28-27 Super 12 victory over the Sharks in Durban on Saturday. Flyhalf Louis Koen sealed the match, which the Sharks led 17-15 at the break, with an extra time penalty. It was memorable win in a three […]
NIGERIA’S privatisation agency said on Thursday two oil companies, including South Africa’s Engen, have submitted bids for a controlling stake in oil products marketing company National Oil. Engen and a local firm, Petrochem International, have each tendered for 60% shares in National Oil. Engen has come in under Petrochem, offering 3.8 billion naira to Petrochem’s […]
JIM SLATER, Augusta | Sunday 2.30pm. SOUTH Africa’s Ernie Els is four shots off the pace as Fiji’s Vijay Singh withstood gusting winds and bitter cold to grab a three-stroke lead at the 64th Masters. Tiger Woods and Davis Love roared into contention from nine strokes off the pace. Steady winds of 30-50 km/h with […]