THE Italian oil and gas firm ENI announced on Tuesday it has reached an agreement with Libya on a $5,5-billion scheme to extract gas off the Libyan coast and build a 600km pipeline between Libya and Malta. The deal, between Eni’s local subsidiary Agip Nord Africa bv and Libya’s state-owned firm, NOC, was concluded on […]
VISITING Democratic Republic of Congo (DRC) President Laurent Kabila met business groups and potential investors here in Pretoria on Tuesday, the second day of his visit to South Africa, radio reports said. The five cabinet ministers who accompanied Kabila to Pretoria on Monday met with their South African counterparts on Tuesday, SABC radio reported. Kabila […]
OWN CORRESPONDENT, Johannesburg | Thursday 3.00pm. NATAL Sharks flyhalf Henry Honiball has been officially ruled out of the Winfield Tri-Nations Tests against New Zealand in Pretoria on August 7 and Australia in Cape Town on August 14 due to an ankle injury. While Honiball’s chronic ankle problems are widely covered, the South African Rugby Football […]
OWN CORRESPONDENT, Johannesburg | Thursday 10.15am THE Lesotho government has charged the head of a major water project with taking more than R2-million in bribes from foreign companies. The companies allegedly involved include Dumez International of France, Acres International of Canada, Impregilio of Italy, Swedish-Swiss ABB, and the Highlands Water Venture consortium, which includes Germany’s […]
ITALIAN air carrier Alitalia is ready to resume flights to Algeria, the deputy head of the airline, Federico Nucci, said on Monday in Algiers. He said security conditions at Algiers’ Houari Boumediene airport were satisfactory, and services could resume after the next meeting of the International Air Transport Association (IATA) in October. Western airlines suspended […]
UNITED NATIONS Secretary General Kofi Annan criticized on Tuesday an arrest warrant issued by Angola’s capital Luanda for Jonas Savimbi, leader of the country’s Unita rebels. Angolan authorities issued an arrest warrant against Savimbi Saturday, accusing him of “crimes of armed rebellion, sabotage, traffic and use of banned war machinery, and killing.” Luanda blames Savimbi, […]
COLUMBUS Stainless steel in Middelburg is on Thursday morning meeting the National Union of Metalworkers of South Africa on Thursday morning to discuss the continuing strike by 500 Numsa members. The Commission for Conciliation, Mediation and Arbitration is facilitating the meeting, held at its Witbank office. Numsa and Columbus confirmed the meeting is underway. It […]
COLUMBUS Stainless Steel in Middelburg on Thursday said a four-hour meeting on Thursday with strikers from the National Union of Metalworkers of South Africa ended inconclusively. The company played tough, abandoning a 7,3% pay rise that Numsa rejected on Tuesday, and going down to 7,1%, plus 0,5% based on individual performance. It said three other […]
BARRY STREEK, Johannesburg | Thursday 12.15pm. SOUTH Africa needs more precise legislation to protect consumer privacy, especially in electronic commerce (e-commerce), Communications Minister Ivy Matsepe-Casaburri said on Thursday. Internet users “must have a right of access to whatever information a company may hold on them, and the means to correct or modify [or remove] any […]
DEUTSCHE Bank on Tuesday announced the listing of equity call warrants on De Beers Consolidated Mines Limited — the world’s largest diamond mining and marketing company. The warrant confers on warrant holders the right, but not the obligation, to buy De Beers shares at a price of R200 at any point in time from the […]