MONDAY, 11.30AM UNPRECEDENTED conditions are being imposed on a new SA airline, Air South Africa, which intends to start thrice-weekly flights between Johannesburg and London via Malta later this year. The tough new conditions are the first enforcement of new legislation promulgated following the disastrous collapses in recent years of three infant airlines in SA. […]
BIG FREEZE TEMPERATURES plummeted across the country overnight as a new cold front swept inland, with daytime temperatures not expected to top 12 degrees C. Snow is falling in the Western Cape mountains and in Lesotho and the eastern Free State. Meanwhile, President Nelson Mandela and Welfare Minister Geraldine Fraser-Moleketi will on Monday visit flood-hit […]
MONDAY, 4.30PM THE Truth and Reconciliation Commission hearing in Pietersburg in the Northern Province on Monday heard a former security policeman tell how six Umkhonto we Sizwe members were killed in an ambush near the Botswana border in 1987. Mathews Sehlwana, 43, said his task as member of the security police was to gather information […]
MONDAY, 9.00AM: SOUTH African rugby has hit a crisis of confidence with Saturday’s 18-15 defeat of the Springboks to the touring British Lions. Despite an inspired performance, the Boks lost the game and, with it, the series because of the lack of a consistent goal kicker. Meanwhile, flanker Ruben Kruger is ruled out of further […]
MONDAY, 11.30AM LATEST Reserve Bank figures show that both credit extension and money supply growth finally began moving in the same direction, with both figures falling between April and May, leading to expectations of at least one interest rate cut within the next few months. Private domestic credit extension grew by an annualised 16,57% in […]
MONDAY, 11.30AM LAST week’s gazetting of a draft Bill giving statutory recognition to the National Home Builders’ Registration Council has set the scene for a clash between government and the Building Industries Federation of SA. The draft Bill makes it an offence to operate a business as a home builder unless registered with the council, […]
MONDAY, 10.30AM SOUTH Africa may acquire two Ukrainian-built floating hotels for use as prison boats, following a personal inspection of the vessels by Correctional Services Minister Sipo Mzimela. The vessels will cost about R5-million each, with afurther R2-million required to transport them to SA and an additional R40-million to convert them into prisons, making them […]
MONDAY, 11.00AM THE Central Statistical Service said at the weekend that the SA economy lost 71 000 jobs last year in the non-agricultural formal sector, in a blow to government’s hopes of creating 126 000 jobs. Government’s growth, employment and redistribution strategy (Gear) projected 126 000 jobs would be created last year, with a further […]
MONDAY, 10.00AM THE Gauteng leader of the vigilante group People Against Gangsterism and Drugs at the weekend threatened his group will kill powerful Gauteng drug barons he described as “untouchable” by the law. Ayob Mungalee said: “We feel we have a right to kill these people because they are killing many other people with their […]
MONDAY, 4.30PM MULTINATIONAL conglomerate Lonrho has broken off merger negotiations with SA mining company Johannesburg Consolidated Investments, Lonrho announced in London on Monday. The proposed merger would have created one of the world’s biggest mining companies, with interests in coal, gold, platinum and other precious metals, and combined assets of over $3-billion. Speculation that the […]