THE South Africa’s Revenue Service opened its first office in Swaziland on Monday to help local businessmen reclaim Value Added Tax. Much of Swaziland’s economy is based on produce and goods purchased in South Africa, but businesses continually complained that it was both difficult and inconvenient to reclaim the VAT charged by the SARS. SARS […]

OWN CORRESPONDENT, Paris | Monday 6.15pm. SPRINGBOK lock Mark Andrews admitted here on Monday that former Springbok fly-half Joel Stransky’s comments that the world champions had “become paralysed by fear and were suffering from a crisis of confidence” were fair. Writing in his column in Britain’s Sunday Telegraph, Stransky, who played alongside Andrews in South […]

UNITED States consumer inflation jumped 0,4% in September, the biggest increase in five months, reflecting sharply higher prices for gasoline, cigarettes and clothing. The gain, however, was in line with analysts’ forecasts, calming investors who were nervous after last week’s jump in producer prices. Rising worries about inflation have set off alarm bells on Wall […]

THE World Food Programme is to make available, through a ‘food fund’, over the next three years 22,625 ton of food aid to the victims of natural disasters in Mozambique. The WFP said the project is budgeted at more than $12,3-million, and will cover 24 pre-selected districts in the centre and south of the country. […]

THE World Bank approved a $100-million loan to Mozambique on Friday, to help it modernize its three major port-railway systems. The loan will help fulfill the Mozambican government’s objectives of increasing private sector participation in transport operations, developing a staff rationalization program and setting up a regulatory framework for the sector, a statement said. After […]

ZAMBIA’S copper output has continued to slide as crises at two Indian-owned Binani Group mines exacerbated production lapses at the largely state-run Zambia Consolidated Copper Mines (ZCCM), analysts said on Monday. Provisional figures released Monday said Zambia’s total copper output dropped 13% in September to 21763 tons from 25155 tons in August, largely as a […]

GOLD Fields limited on Friday announced it has repurchased most of its gold hedge position following the recovery of the bullion price. Chris Thompson, chairman and chief executive officer of Gold Fields, said in a statement: “Having looked at the fundamentals of the current gold market … it seems inevitable to us that higher, if […]

THREE elderly German tourists died in a head-on collision on their way back from visiting the Addo Elephant Park near Port Elizabeth in the Eastern Cape late on Sunday afternoon, police said. The two women, both aged 68, and one man, 73, died on impact when their Nissan, driving towards Port Elizabeth, crashed into a […]

POLICE have arrested eight people during after two policemen were shot dead and four others wounded in separate incidents on the Cape Peninsula at the weekend. Provincial police spokesman Superintendent Wicus Holtzhausen on Tuesday said police have also seized four pistols after the policemen were attacked in separate incidents in Khayelitsha, Strandfontein, Kraaifontein, and Langa. […]

THE Pretoria embassy of the Democratic Republic of Congo is to get temporary police protection after four armed men assaulted staff and robbed the mission of R30000 on Monday. Ambassador Jean Lambert Ibula said on Tuesday the police have also offered to place guards at his official residence in Waterkloof, which has been robbed twice. […]