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/ 26 June 1997

Rebels claim to hold Brazzaville airport

THURSDAY, 2.30PM MILITARY forces behind former Congolese dictator Denis Sassou Nguesso said on Thursday they had taken control of Brazzaville international airport. The rebels, in a radio broadcast, said the had been “forced to occupy” the strategic site because it had not been “demilitarised”. Demilitarisation of the airport was one of the key aspects of […]

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/ 26 June 1997

Consumer inflation falls in May

WEDNESDAY, 2.00PM The annualised inflation rate in May fell to 9,5% from April’s 9,9%, according to latest figures from the Central Statistical Service. Reserve Bank governor Dr Chris Stals said he was “very encouraged” by the inflation figure. The drop in inflation over the month came despite a relatively large increase in food inflation. From […]

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/ 26 June 1997

Gold index falls further

THURSDAY, 11.30AM THE Johannesburg Stock Exchange’s all gold index has not yet found the bottom in its current free fall, hitting a new four-year low on Wednesday for the 18th time in two months. The gold index shed another 11,2 points, or 1,2%, to 1 007,4, on the back of a continuing weak gold price […]

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/ 26 June 1997

More fighting in Bangui

THURSDAY, 4.30PM HEAVY weapons fire was reported in the Central African Republic capital of Bangui on Thursday, in spite of a pledge by mutinous soldiers to surrender their weapons. In a press release on Wednesday, the mutineers had said they would surrender their heavy weapons to an international peacekeeping force and try to settle their […]

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/ 26 June 1997

Pagad in Jo’burg fracas

THURSDAY, 2.30PM A GROUP of five members of the Cape Flats-based vigilante group People Against Gangsterism and Drugs handing out anti-drug pamphlets in Johannesburg’s upmarket Rosebank were set upon by a large group of nightclub bouncers and beaten up on Wednesday night. Pagad Gauteng leader Ayob Mungalee and four scarf-wrapped colleagues had targeted Rosebank’s night-owls […]

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/ 25 June 1997

Banana: ‘I’m not a homosexual’

WEDNESDAY, 3.15PM FORMER Zimbabwean president Canaan Banana, in an interview with the Zimbabwe Independent, denied he is a homosexual and described allegations he repeatedly raped an aide as “pathological lies” and part of a “malicious vendetta” against him. “How many times am I going to repeat that I am not a homosexual?” the Methodist minister […]

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/ 25 June 1997

JSE hits new highs

WEDNESDAY, 10.30AM FINANCIAL shares on the Johannesburg Stock Exchange were much in demand on Tuesday as the rand held its head up against the dollar, pushing the financial and all share indeices to new record highs, ignoring Monday’s huge losses on Wall Street. The all share index ended the day 0,65% or 47,3 points up […]

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/ 25 June 1997

Anglovaal invests in Uganda

TUESDAY, 4.00PM ANGLOVAAL is to invest $7-million in Uganda to exploit mining concessions, following a joint venture agreement with Canadian company Pacific Vangold Mines, which holds mining concessions in Uganda. The venture was confirmed on Monday by the Ugandan Minister of Natural Resources, Gerald Ssendaula, who said he met the companies’ leaders during a recent […]

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/ 25 June 1997

Lions maul Free State

WEDNESDAY, 11.30AM: THE British Lions played to another big win on Tuesday night, when they beat Free State 52-30 in their match in Bloemfontein. The victory was marred by injury, when Lions centre Will Greenwood was carried off the field on a stretcher with a concussion. The Lions triumphed with seven tries to Free State’s […]

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/ 25 June 1997

A good day for SA at Wimbledon

WEDNESDAY, 10.00AM: TUESDAY was a good day for South Africa at Wimbledon with three out of the four singles players winning their first-round matches. When rain stalled play on Monday, sixth-seed Amanda Coetzer was locked 6-6 with Alexandra Fusai in their first-round bout, but on Tuesday, she resolved the tiebreak and won the second set […]