THURSDAY, 8.30AM AGRICULTURE Minister Derek Hanekom sacked all 13 members of the Meat Board on Wednesday after complaints from industry organisations such as the Red Meat Forum and the Meat Traders’ Association. The Meat Board, which was to oversee the deregulation of the industry, had been mired in indecision for months due to disagreements among […]
THURSDAY, 12.00NOON THE Competition is to meet the liquidators of Pepsi bottler New Age Beverages on Thursday to discuss the implications of selling the bankrupt bottler’s plant to one of the market leaders. Chief liquidator Les Cohen confirmed that bottling giant Amalgamated Beverage Industries and other large bottlers have expressed interest in buying the plant, […]
WEDNESDAY, 5.30PM NEW Africa Investments Limited is set to purchase the Independent group’s 42,5% stake in the Sowetan, South Africa’s largest circulation daily newspaper. The price of the deal values the Sowetan at R150-million. The Sowetan was unbundled by Argus (now Independent) Newspapers in 1994 with Nail, chaired by Dr Ntatho Motlana, taking a controlling […]
THURSDAY, 1.00PM: SOUTH African Football Association CEO Danny Jordaan said on Wednesday the Four Nations tournament might be called off if there is no answer from China and Nigeria by Friday. Jordaan said only Namibia has confirmed its participation in this year’s tournament. “We have received no response from China or Nigeria to our invitation,” […]
THURSDAY, 1.00PM THE Cahora Bassa power line was finally completed on Tuesday this week — almost 20 years late. The Cahora Bassa power project, initiated in the mid-1960s as an arrangement between the government of John Vorster and the Portuguese colonial administration of Mozambique, has been delayed by years of civil war and tension between […]
THURSDAY, 5.30PM: SAFETY and Security Minister Sydney Mufamadi said on Thuersday that a small number od security police files have been uncovered by the government commission appointed to investigate the destruction of files compiled between 1960 and 1994. Also discovered were documents indicating which files had been destroyed, Mufamadi said. Neither the list nor the […]
THURSDAY, 1.00PM: NATIONAL Olympic Committe of South Africa president Sam Ramsamy has high hopes that Cape Town will be named as host of the 2004 Olympics. He said inputs by President Nelson Mandela and Deputy President Thabo Mbeki could make a difference between winning or lossing the vote. Ramsamy was speaking at the unveiling of […]
R17m ROBBERS FOUND POLICE have discovered the lair belonging to the gang that robbed a security van of R17m last week, and arrested four gang members. The 15-man gang lay low in a house in southern Johannesburg for a week after the heist in which two security guards were murdered. Police have recovered R630 000 […]
WEDNESDAY, 5.00PM The new leader of the Comoran island of Anjouan, Abdullah Ibrahim, on Wednesday held the first meeting of his “cabinet” since Anjouan and Moheli broke away from the Comoros Islamic Republic at the weekend. The new cabinet ordered an audit of the amount of money left in government coffers on Anjaoun, where all […]
WEDNESDAY, 10.30AM PARLIAMENT’s finance committee on Tuesday approved a draft Bill giving wide powers to the Reserve Bank and the finance minister jointly to disclose confidential information about SA’s banking system. Urging the committee to adopt the SA Reserve Bank Amendment Bill, which will make the Reserve Bank one of the most open to scrutiny […]