MONDAY, 10.30AM: AMERICAN Dow Chemical Company has increased its offer to take over embattled chemical giant Sentrachem after two weeks of stiff negotiations following the refusal of Dow’s initial R10,50 a share offer by Old Mutual, Sentrachem’s second-largest shareholder. Dow at the weekend announced a raised offer of R11,75 a share. The original offer was […]
FRIDAY, 11.30AM: A WORKSHOP held on Friday to plot the way forward for restructuring SA’s R20-billion electricity distribution industry reached broad agreement on consolidation of the industry into regional distributors top boost electricity delivery to 2,5-million households by 2000. Mineral and Energy Affairs Minister Penuell Maduna told the meeting, called to set up a stakeholders’ […]
FRIDAY, 5.30PM OVER 90% of the of taxi drivers belonging to the South African Long Distance Taxi Association (Saldta) in the Mabopane-GaRankuwa area refused to operate on Monday morning in protest at new legislation which requires them to display permit stickers on their vihicles. Odi public order policing spokesman Superintendent Steve van Heerden said taxis […]
MONDAY, 10.30AM FORMER Zambian president Kenneth Kaunda was shot in the forehaead and wounded on Saturday when police attacked an opposition rally at Kabwe, 140km north of the capital Lusaka. Also hit by the same bullet that injured Kaunda was Liberal Prograssive Front leader Roger Chongwe, who was hit in the neck and is recovering […]
MONDAY, 11.30AM: SA BROADCASTING Corporation chairman Zwelakhe Sisulu, in a newsletter to staff, has outlined a transformation strategy for the state broadcaster which includes privatisaing the operations division, a radical makeover for radion, and redfining the identity of each television channel. Sisulu told staff that “the worst is now over”, while acknowledging a lack of […]
MONDAY, 11.30AM The rand sategd a comeback on Friday, strengthening more than 5c against the dollar to below R4,70 on a combination of export activity, a weaker dollar and Reserve Bank intervention follwoing its fall to its lowest-ever level against the dollar on Thursday. The rand ended Friday at R4,6940 to the dollar after traders […]
MONDAY, 1.00PM: SOUTH AFRICAN junior flyweight sensation Masibulele “Hawk” Makepula beat Zimbabwean Nokuthula Tshabangu on points in their eight-round catchweight bout at Nasrec on Saturday. A bruised and bleeding Makepula admitted that it was the toughest fight of his career. “I now know what fighting at this level means. You don’t have to be clean,” […]
The Zulu Messengers, exponents of isicathamiya, are being applauded in a documentary. Andrew Worsdale hung around on set Every Saturday night, virtually without fail, the 15 members of The Zulu Messengers congregate at the downtown YMCA in Durban with over 20 other groups to perform in an isicathamiya competition that lasts through until late Sunday […]
Maria McCloy American hip-hop/jazz/funk singer and bassist Me’Shell NdegeOcello, who was due to perform at this year’s Johannesburg Arts Alive Festival, will not be appearing because of injuries sustained in a car crash. Arts Alive officials panicked when Ndege- Ocello began cancelling appearances on the European festival circuit, and it was confirmed this week that […]
Aspasia Karras Minister of Trade and Industry Alec Erwin this week announced that President Nelson Mandela will open an important investor conference in East London on November 7, where two of the eight Spatial Development Initiatives (SDI) in the Eastern Cape will be formally launched. It is clear from the outset that the Wild Coast […]