WEDNESDAY, 11.00AM: SOUTH Africa’s first black-owned mining house Johannesburg Consolidated Investments on Tuesday signed a three-year mining exploration deal with the Ethiopian governemnt. In terms of the agreement, JCI subsidiary JCI (Ethiopia) acquires exclusive exploration rights in the Borena region, according to the Ethiopian ministry of mines, which added that JCI will pay up to […]

TUESDAY, 11.30AM FORMER political prisoner Koigi wa Wamwere, considered the only serious challenger to Kenyan President Daniel Arap Moi, has had a four year jail sentence scrapped to allow him to contest the elections at the end of this month. Wamwere, presidential candidate for the Kenya National Democratic Alliance party, was warned last week that […]

TUESDAY, 6.00PM: THE Johannesburg Stock Exchange was very bullish on Tuesday morning, but a turn-around began later in the day with mixed sentiments over Finance Minister Trevor Manuel’s new Medium Term Expenditure Framework, released today. (see our top news story) There was some worry over the down-graded growth prediction of 2% for the current financial […]

TUESDAY, 6.00PM: A SECOND Mandela name was dragged into the Truth Commission’s hearings yesterday. Gift Ntombeni, a former Mandela United Football Club member confirmed claims by previous witnesses that the club had carved the letters ‘ANC’ and ‘WM’ into the flesh of victims, and burnt their feet. But he said Zinzi Mandela-Hlongwane, daughter of Nelson […]

TUESDAY, 10.00AM: MORIBO Investment Holdings, a wholly-owned subsidiary of the Thebe Investment Corporation, has made a bold leap into the gaming industry by buying five of Sun International’s casinos in a deal worth R95-million. Thebe chairman Vusi Khanyile and Sun International SA MD Peter Bacon said on Monday a new joint venture company will acquire […]

ANC WOMEN MAY DUMP WINNIE THE ANC Women’s League issued a surprise statement on Monday criticising its own president, Winnie Madikizela-Mandela, for her attack on the ANC in a newspaper interview last week, which was made “without consultation or mandate”. The national working committee also said the league would meet this weekend to ‘evaluate its […]

TUESDAY, 11.00AM: TWENTY-two year-old Boland fast bowler Charl Langeveldt was on Monday dropped from the SA A team to play West Indies A in a mini-test in Bloemfontein next week due to injury, just hours after his selection for the squad. The young affirmative action prodigy makes way for Border all-rounder Piet Botha who, at […]

MONDAY, 11.00PM: POSTS and Telecommunications Minister Jay Naidoo said on Monday that the Post Office’s restructuring exercise has resulted in a business plan that will see it break even in the 2000/2001 financial year. The service’s anticipated total loss during the current financial year is R507-million, while last year it was R702-million and the previous […]

TUESDAY, 3.30PM A NEW ROW has blown up over the Truth Commission’s amnesty for 37 ANC leaders, after National Party leader Martinus van Schalkwyk marched on the Truth Commission offices and demanded to see the amnesty applications. ANC acting secretary-general Cheryl Carolous said that as a former Military Intelligence agent — van Schalkwyk was an […]

TUESDAY, 10.30AM: The only change to the Springbok squad to face Scotland in Saturday’s Test at Murrayfield is the return of injured flanker Rassie Erasmus to replace Andrew Aitken. Aitken returns to the bench in place of Bobby Skinstad. Erasmus missed last weekend’s 29-11 defeat of England after suffering a head injury during the second […]