THURSDAY, 5.00PM SIX Burundians convicted of taking part in ethnic massacres in the tiny central African country’s civil war were executed by hanging Thursday, officials said. They were the first executions in Burundi since the early 1980s, and observers said they were designed to underscore the government’s determination to bring war criminals to justice. The […]
THURSDAY, 8.00AM RESERVE BANK governor Chris Stals said yesterday that he hoped to relax monetary policy before the year end, but refused to be drawn on a date. ” The influence of last year’s depreciation (of the rand) is working itself out from the inflation now, so I think all the indicators tell us that […]
WEDNESDAY, 5.00PM AN APPLE laptop is the star of a Botswana technology and education conference — because it is powered by a clockwork generator. Trevor Baylis, British inventor of a clockwork radio manufactured in Cape Town, connected his radio to a low-powered Apple E-mate 300 computer on show at the conference. The radio, which includes […]
THURSDAY, 11.00AM RESERVE Bank governor Chris Stals’s positive statement on an interest rate cut on Wednesday deterred further selling on the Johannesburg Stock Exchange, but investors were not buying either, leading to a quiet day, with investors waiting for a rate cut to materialise. With few sellers in evidence, the industrial index traded weaker for […]
THURSDAY, 1.00PM: SOUTH AFRICA’S elite Premier Soccer League (PSL) is set to become the richest league in the continent. PSL spokeperson Andrew Dipela on Thursday announced that close to R9-million will be up for grabs in the coming season, which kicks off on Friday. The Rothmans Cup is worth R3,6-million and the prize money for […]
THURSDAY, 1.00PM: SOUTH AFRICAN national junior welterweight champion Lawrence Ngobeni will meet Uraguayan Wilson Enrique Galli over 10 rounds at Morula Sun in Mabopane on Sunday. At Thursday’s pre-fight medical meeting at Nasrec Galli looked relaxed. An amazed Ngobeni said: “He sure looks a sleek mover and a hard puncher. But you’ve got to beat […]
THURSDAY, 2.00PM The special investigation team tracking the killers of five African National Congress members, including two newly elected councillors, in Richmond in the KwaZulu-Natal midlands have narrowed down their suspect list. Police spokesman Superintendent Henry Budhram said the investigators, headed by Director Bushy Engelbrecht, are now concentrating on finding only three suspects: Patrick “Bob” […]
THURSDAY, 11.00AM INVESTEC Securities said on Wednesday that the rand had been among the weakest currencies in the Southern African Development Community over the past 18 months. Between January last year and the end of last week, the rand lost 20% against he Malawi kwacha, 11% against the Mauritian rupiah, 17% against the Mozambican metical […]
THURSDAY, 5.00PM SIERRA Leone coup leader Major Johnny Paul Koroma said on Wednesday his military junta will not hand over power to a civilian government before 2001, effectively torpedoing peace talks in Abidjan. Regional foreign ministers who have been negotiating with Koroma’s envoys in Abidjan for a return to civilian rule slammed the announcement and […]
THURSDAY, 11.30AM THE Congress of SA Trade Unions is to go ahead with its threatened rolling mass action in support of demands on the Basic Conditions of Employment Bill, starting with a one-hour national work stoppage on Monday, but has opened the way for a resumption of talks between itself, government and business on the […]