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/ 17 March 2000

Markets will take cue from Wall Street

MARIAM ISA, Johannesburg | Friday 6.00pm. SOUTH Africa’s volatile stock market will take its cue from Wall Street next week, although the global return to ”old-style” commodity shares should continue to support key indices, analysts said on Friday. Africa’s biggest bourse put in a disappointing performance at the end of a week coloured by a […]

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/ 17 March 2000

Mboweni stoutly defends inflation aims

OWN CORRESPONDENT, Johannesburg | Friday 4.00pm RESERVE Bank Governor Tito Mboweni on Friday robustly defended the country’s pursuit of lower inflation and dismissed calls to toss out inflation targeting in favour of a dash for growth. Economists debating with Mboweni in a radio programme argued that employment — in a country where a third of […]

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/ 17 March 2000

NUM to strike in Free State

OWN CORRESPONDENT, Johannesburg | Friday 7.00pm THE National Union of Mineworkers, South Africa’s biggest mining union, said on Friday it would organise a one-day strike at Free State gold mines next week to protest against job losses and poverty. The action scheduled for March 22 would affect about five gold companies operating in the Free […]

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/ 17 March 2000

SUPERSPORT AFRICAN ACTION

THERE is a full programme of matches in the African Cup Winners’ Cup and the Confederation of African Football (CAF) Cup this weekend. Club Africain of Tunisia, last year’s beaten finalists in the Cup Winners’ Cup, are back in action again this year and have been drawn away against Mogas 90 of Benin in Cotonou […]

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/ 17 March 2000

ZCCM shareholders approve mine sale

OWN CORRESPONDENT, Lusaka | Friday 7.00pm SHAREHOLDERS of Zambian copper giant ZCCM have formally approved the sale of several major mining assets to a foreign consortium, government officials said on Friday. Shareholders on Friday voted to sell the Nkana mines and cobalt plant as well as Mufulira mines to Canada’s First Quantum Minerals Ltd and […]

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/ 16 March 2000

ZANZIBAR’S FORMER PRESIDENT DIES

IDRIS Abdul Wakil, the former president of Tanzania’s semi-autonomous islands of Zanzibar and Pemba, died early on Wednesday, aged 75. He was president from 1990 to 1995. The cause of death, which occurred at the Mnazi Mmoja Hospital in Zanzibar, was not given. Abdul Wakil was treated at Saint Thomas’ Hospital in London last September […]

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/ 16 March 2000

SARS confirms a major botch-up on tax returns

OWN CORRESPONDENT, Pretoria | Thursday 2.20pm THE South African Revenue Service confirmed on Thursday that there have been “serious problems” in tax returns for the 1998-1999 tax year. The mistake has resulted in some taxpayers being asked to repay massively inflated amounts of tax, while others received a surprise windfalls — which will have to […]