SWEDISH vehicle manufacturer Volvo AB announced on Wednesday it plans to invest in Southern Africa as part of a globalisation strategy. The company is currently involved in talks with the South African-based Scandinavian Motor Corp, in attempts to increase Volvo’s presence in Southern Africa. Scandinavian Motor Corp said on Wednesday that advanced negotiations are underway […]

HUNDREDS of people fleeing fighting between government forces and Unita rebels in eastern Angola have been crossing into neighbouring Zambia since early September, according to the United Nations High Commissioner for Refugees. A UNHCR official in the Zambian capital Lusaka said on Thursday that 200 refugees crossed over last month, while so far in October […]

LAWRENCE BARTLETT, Harare | Thursday 6.45pm ZIMBABWE presented a sweet and sour annual budget on Thursday as it tried to juggle conflicting demands from the International Monetary Fund and a restive population heading to the polls next year. There were tax concessions for the poorest members of society along with incentives for exporters, but increases […]

ANGLICAN Archbishop of Cape Town Reverend Njongonkulu Ndungane asked the government during an visit to Umtata on Tuesday to reassure him that the controversial Supermax maximum security prison under construction outside Kokstad will apply rehabilitation principles. “We cannot allow our Southern African prisons to become places for exacting revenge and retribution,” he said in asking […]

POLICE arrested a nineteenth suspect on Wednesday night for invading the Madimbo Corridor military base last month. Nkuzi Development Association fieldworker Shirhami Shirinda was held at about 5pm, when he was about to attend a meeting with farmers and two MECs. He has been charged with public violence, malicious damage to property, and trespassing after […]

AFRICA’s innovators converge on Addis Ababa next week to showcase how they are entering the global information age and using IT to meet development challenges. Technology for development will be examined by 600 delegates from governments, the private sector, civil society, and other groups from form Africa and the world converge on Addis Ababa from […]

AIR control watchdog, the Air Traffic and Navigation Services Company, said on Wednesday that its computer systems are now Y2K compliant. “A committee specially constituted to administer the readiness of the company’s systems for Y2K is pleased to report that all the company’s navigation, communications and other systems have been thoroughly tested and upgraded and […]

THE world’s largest gold producer, Anglogold has been approached by the embattled Ashanti Goldfields, Africa’s third-largest gold producer. According to the Business Day Anglogold has been approached by Ashanti’s advisors. Anglogold said the meeting was little more than “fundemental information gathering.” The move officially places Anglogold in the battle arena for Ashanti which is reportedly […]

WORLD champions South Africa have made more handling errors than any other team at the Rugby World Cup 99, according to statistics compiled by the tournament organisers. But the data is not as damning as it appears because the Springboks enjoyed such monopoly of possession in their group A games against Spain and Uruguay that […]

CABINET on Wednesday gave the go-ahead for the introduction of inflation targeting as part of the framework for South African monetary policy. Annoucing the decision, Finance minister Trevor Manuel said the new policy will take effect in the first quarter of next year.