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/ 30 November 1999

PUBLIC PROSECUTOR SEIZES GRANNY’S ASSETS

THE office of Public Prosecutor, Bulelani Ngcuka, raided three properties of a 72-year-old grandmother in Johannesburg, Cape Town and Durban on Friday. The elderly woman is accused of embezzling several million rand from her employer, Mercury Engineering, over five years. The woman was in a retirement home in Simons Town in the Western Cape when […]

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/ 30 November 1999

SA records R911m trade surplus

OWN CORRESPONDENT, Johannesburg | Tuesday 6.00pm. SOUTH Africa recorded a R911-million trade surplus in October compared to a R1,37-billion surplus in September, the country’s customs and exise department said on Tuesday. Analysts forecast a deficit of R700-million. The cumulative surplus for the first 10 months of the year amounted to R13,09-billion compared with R966-million surplus […]

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/ 30 November 1999

SASOL TO PROFIT FROM OIL HIKE

SASOL, the oil from coal pioneer, said it will improve its bottom line by R300-million for every sustained increase of $1 above the $16 level in the steadily rising derived crude oil price, according to the Business Report. The paper reports the derived crude oil price is now at $19 a barrel. If the derived […]

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/ 30 November 1999

Telkom to list in 2001

OWN CORRESPONDENT, Johannesburg | Tuesday 6.00pm. GOVERNMENT said on Tuesday it plans to float majority state-owned Telkom in 2001 and is proceeding with plans to sell off a stake to a black-owned partner and company employees. The cabinet sub-committee on the restructuring of state assets said in a statement it has approved the start of […]

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/ 30 November 1999

VIRGIN’S R60m GAMBLE

VIRGIN Atlantic said it stands to loose around R60-million in the first year of operating once-a-week flights from London to Cape Town. Richard Branson told a media conference in Cape Town that although the flights are 65% booked, Virgin will lose money because of the once-a-week restriction. He said four flights a week are necessary […]

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/ 30 November 1999

ZIM RIGHTS ORGANISATION GOES TO COURT

ZIMBABWE human rights organisations have launched a Supreme court application to force President Robert Mugabe to make public the findings of a commission of inquiry into the deaths of about 8000 civilians in the western provinces of Matebeleland in the 1980s. “The government has not apologised for the actions of the Korean-trained 5th Brigade that […]

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/ 30 November 1999

FROM THE PAVILION

THE BOB WOOLMER COLUMN: AS South Africa and England face up to each other I bet there are some people who are asking the question, what is it really like to play Test cricket and why is there such a big difference between Test matches and the game at other levels?, writes the former national […]

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/ 30 November 1999

FIGHTING RESUMES IN NORTHWEST DR CONGO

HEAVY fighting resumed in the northwestern Equateur Province of the Democratic Republic of Congo, a rebel spokesman said by telephone on Tuesday. “Since Monday morning there has been very heavy and bloody fighting at Bokungu where we were attacked” by the men of President Laurent Kabila and allied soldiers from Namibia, Zimbabwe and the Interahamwe […]