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 […]
WEDNESDAY, 1.00PM: NORTHERN Transvaal Rugby Union president Hentie Serfontein said on Tuesday that he will not be available for re-election at the union’s annual general meeting later this year. The announcement was made after a closed doors meeting called because of the pressure from local rugby fans, who are calling for the sacking of both […]
WEDNESDAY, 4.30PM The recent massacre of five African National Congress members in Richmond in KwaZulu-Natal had an unexpected effect on the peace pact in the province betwen the ANC and Inkatha Freedom Party when violence betwen supporters of the two parties broke out in nearby Fredville after security forces were moved from the area to […]
WEDNESDAY, 4.00PM INKATHA Freedom Party leader Chief Mangosuthu Buthelezi on Wednesday morning denied any knowledge of hit-squad killings by Caprivi-trained IFP members, and said he was astounded such allegations are being made. On Tuesday the self-confessed commander of the Caprivi trainees, Daluxolo Luthuli, said there was no way Buthelezi could deny he was aware of […]
WEDNESDAY, 10.30AM THE Johannesburg Stock Exchange’s industrial index rocketed to a new high yesterday as investors took hope from Reserve Bank statements that monetary policy will not be affected by the latest depreciation in the rand and widespread expectations of an imminent interest rates cut resurfaced. Industrials added 73 points to take the index to […]
WEDNESDAY, 10.30AM: NEW car sales in July increased for the second consecutive month, rising 2,1% against last July to 21 994 units. Latest figures from the National Association of Automobile Manufacturers of SA show new passenger car sales for the first seven months of this year up 2,9%, at 144 446 units, over the same […]
WEDNESDAY, 10.30AM The proposed free trade deal between South Africa and the European Union will cost SA’s Southern African Customs Union partners R350-million, according to the final report on the effects of the deal. The other Customs Union partners, Botswana, Lesotho, Namibia and Swaziland, share external tarfiis with SA and are heavily reliant on income […]
WEDNESDAY, 5.30PM ADVOCATES of constitutional reform in Kenya on Wednesday gave President Daniel arap Moi an ultimaltum to accept constitutional negotiations or face a general strike. The ultimatum was handed down late on Tuesday by opposition figures, 22 religious leaders and the executive council of the National Convention Assembly, the umbrella organisation seeking the reforms, […]
WEDNESDAY, 1.00PM: AMAZULU have signed up Zimbabwean international striker Stewart Murisa from Caps United in Zimbabwe. Murisa will replace Simon Magagula, who moved to Orlando Pirates earlier this month. Murisa said on Monday he was looking forward to the new challenge with great interest. “If I am selected in the starting line-up on Sunday, I […]