THURSDAY, 4.30PM The haemorrhage of members from the National Party continued on Thursday when nine black Nats from North-West province defected to Roelf Meyer’s New Movement Process. Making thwe announcement, leader of the group Stoffel Masebo claimed that a number senior local African National Congress figures might follow suit. Masebo said ANC members are disillusioned […]
WEDNESDAY, 11.00AM SOUTH Africa’s trade surplus last month hit a record R4,1-billion from May’s R1,8-billion as exports experienced strong growth while import demand slowed, according to the customs and excise department. Between the first and second quarters, exports increased by 20%, while imports were up only 6% over the same period. Total exports in June […]
OLYMPICS SUPPORT THE American-based Corporate Council on Africa, devoted to promoting US trade with Africa has come out in support of the Cape Town Olympics bid. Kase Lawal, a director of the council and CEO of a Texas energy company, made the announcement on Wednesday at a Washngton luncheon given in honour of a South […]
WEDNESDAY, 1.30PM: THE Springbok selectors have named Dawie Theron as the only change in the team to face Australia in the Tri-Nations match on Saturday, after coach Carel du Plessis decided to keep rest of the squad that played against the All Blacks two weeks ago. Theron replaces injured Marius Hurter. Hooker James Dalton, who […]
WEDNESDAY, 11.00AM NEW private sector credit extension figures released by the Reserve Bank on Monday evening hit the markets on Tuesday, with industrial shares, bonds and currency losing out as hopes for an early interest rate cut were dashed. However, the losses could have been worse, but were saved by better than expected money supply […]
WEDNESDAY, 8.00AM SAFETY and Security minister Sydney Mufamadi is to ask police chief George Fivaz to defuse tensions in Richmond, scene of multiple political murders last week, by redeploying local policemen elsewhere. Mufamadi met with Richmond’s mayor and councillors yesterday to discuss the recent murders of six ANC members in the area, including three councillors. […]
WEDNESDAY, 1.30PM: SOUTH AFRICA’S Wayne Ferreira advanced to the second round of the $2,3-million Canadian Open after beating Daniel Vacek 7-6 (7/5) 6-1 on Wednesday. Ferreira failed to convert three set points when he led 5-4 40-love in the opening set. He took a tiebreaker and after that he outclassed Vacek. The match was delayed […]
TUESDAY, 6.00PM THE European Union on Tuesday announced it is to fund a Southern African initiative to eliminate deadly landmines from the region, and especially in Mozambique and Angola. The EU contribution of 2,07-million European Currency Units (about $2,35-million) will cover the use of satellite and other technology to locate and count the estimated 20-million […]
WEDNESDAY, 11.00AM The initial share in SA Airways to be sold to an equity partner is likely to be 49%, Transport Minister Mac Maharaj said yesterday, up from the 25% first proposed. Maharaj also added that full privatisation is on the cards at a later stage. Maharaj said government is about to present its vision […]
WEDNESDAY, 1.30PM: SANZAR has agreed to consider two more teams in rugby’s Super 12 competition in 2000, but agreed that the format should stay the same. A feasibility study, which will be conducted for 2000 and beyond, was announced on Wednesday. South Africa suggested inclusion of an extra team for the 1998 competition, and Australia […]