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/ 27 August 1997

Gencor earnings up 41%

WEDNESDAY, 12.00NOON: GENCOR, in its last results as a unified company, has psoted a 41% rise inheadline earnings to R2,1-billion in the year to June. The results come off strong performances from the group’s platinum, coal, aluminium and titanium operations, with the only counter being a slump in earnings at the group’s steel and ferralloys […]

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/ 27 August 1997

Race for FW’s successor

WEDNESDAY, 3.30PM NATIONAL Party executive director Marthinus van Schalkwyk, 37, has confirmed his candidature for the race to succeed FW de Klerk as party leader, the only confirmation thus far, according to a NP source. Other contenders, including Western Cape Premier and provincial NP leader Hernus Kriel, 55, have still to officially announce their candidature. […]

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/ 27 August 1997

US cops to help local lawmen

WEDNESDAY, 1.00PM THE United Staes government has sent representatives of four federal law enforcement agencies to SA in a bid to improve co-operation in the fight against international crime syndicates and to help in local police training programmes. The four agents represent the Federal Bureau of Investigation, the Drug Enforcement Agency, the US Customs Service […]

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/ 27 August 1997

Barker keeps them guessing

WEDNESDAY, 1.30PM: BAFANA BAFANA coach Clive Barker said on Tuesday he will meet with the South African Football Association (Safa) next week to discuss his future as the national coach. Before the Congo match, Barker said he would not necessarily remain as coach after the team had qualified for the World Cup finals in France. […]

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/ 27 August 1997

Sarfu placates sponsors

WEDNESDAY, 1.30PM: SOUTH African Rugby Football Union CEO Rian Oberholzer and four principal rugby sponsors — M-Net, Bankfin, Winfield and Vodacom — met at Ellis Park Stadium on Tuesday, following claims of lack of transparency on the part of the union. The meeting was called after the sponsors delivered a letter to Sarfu president Louis […]

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/ 27 August 1997

Weekend Currie Cup teams

WEDNESDAY, 1.30PM: WESTERN Province will be without Springbok wing James Small because of flu, but Percival Montgomery and Pieter Rossouw are in the team to face Mpumalanga Pumas in a Bankfin Currie Cup match at Newlands on Saturday. Meanwhile, Chaka Willemse is back in the Mpumalanga Pumas team to travel to Cape Town for their […]

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/ 27 August 1997

Markets tread water

WEDNESDAY, 6.00PM: SHARES on the Johannesburg Stock Exchange had a mixed day on Wednesday, with industrials boosted by selective buying while gold shares sat in the doldrums of minimal demand. Overall trade was thin, with institutions buying selectively in a search for bargains setting a solid foundation for the day’s trade, but most traders were […]

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/ 27 August 1997

Fredericks gets gold with 9,99

WEDNESDAY, 1.30PM: NAMIBIAN Frankie Fredericks won the 100m race with an event-record time of 9,99sec and a share in the 20kg gold at the IAAF Berlin Grand Prix meeting on Tuesday. Fredericks surged in the final meters and powered past world record holder Donovan Bailey of Canada, who shared the second spot with Tim Montgomery […]

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/ 27 August 1997

Stals: No rate cut imminent

TUESDAY, 6.00PM: RESERVE Bank governor Chris Stals, in his annual address on Tuesday to the bank’s board, scotched hopes of an early cut in interest rates, stressing the need for financial caution in the months ahead. “In the present situation, the Reserve Bank feels that a cautious monetary policy remains justified,” Stals said. He said […]

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/ 27 August 1997

M-Net gets exclusive rugby rights

WEDNESDAY, 1.30PM: M-NET on Tuesday announced the acquisition of exclusive television rights of all international rugby matches played in England including the Five Nations tournament and the World Cup in Wales. But SABC viewers are not likely to be left in the cold as negotiations with M-Net are at an advanced stage. “In fact, we […]