TUESDAY, 12.30PM: TALKS on a possible sale of Anglovaal mining subsidiary Avmin to Lonrho continued on Monday, and are reportedly at an advanced stage. If the sale goes through, Johannesburg Consolidated Investments’s bid to take control of 29,9% of Lonrho could be jeopardised. JCI was planning on buying Anglo American Corporation’s stake in Lonrho, but […]

TUESDAY, 1.00PM: CONTROVERSIAL South African Rugby Football Union boss Dr Louis Luyt has hinted that he could step down as the president of the Gauteng Lions Rugby Union. Luyt and his vice-presedent Gert Augustyn were re-elected unopposed at the union’s meeting at Ellis Park on Monday. He said: “The time has come for a lot […]

TUESDAY, 3.00PM: THE National Olympic Committee of South Africa says it will be playing an important part in the Commonwealth Heads of Government conference, which starts in Edinburgh on Thursday. Nocsa President Sam Ramsamy is a member of the advisory Committee on Co-operation through Sport, which which is a think-tank of the Commonwealth Heads of […]

MONDAY, 8.00AM: PRESIDENT NELSON Mandela flies to Egypt today, on the first leg of a north African tour that includes Libya. At a banquet on Friday for former Tanzanian president Julius Nyerere, Mandela hit at the US, accusing it of arrogance for dictating “where we should go or who our friends should be”. He also […]

MONDAY, 10.40AM: SOUTH AFRICA were crowned Alfred Dunhill Champions on Sunday for the first in the history of South African golf. The South African trio of Ernie Els, Retief Goosen and David Frost beat Sweden 2-1 in the final at St Andrews. Goosen beat Jepser Parevik 70-74, Frost went down 69-72 to Per-Ulrik Johansson and […]

MONDAY, 5.30PM OUSTED Congo president Pascal Lissouba has fled to Burkina Faso, newspapers in the capital, Ougadougou, have announced. No official statement has been made, but a large entourage of men guarded by soldiers has arrived to stay in a complex reserved for visiting foreign dignitaries. Meanwhile Angola has confirmed its own role in the […]

MONDAY, 3.30PM: ALLAN BOESAK’S bookkeeper, Freddie Steenkamp, has been found guilty on five counts of fraud and one of theft involving R2,9 million. Steenkamp and his former boss at the Foundation for Peace and Justice, Dr Allan Boesak, originally faced 32 charges of theft and fraud together, but their trials were separated when Steenkamp chose […]

MONDAY, 8.30AM THE SA Telecommunications Authority has retaliated against Telkom (see below) warning that the phone company faces a fine or even the loss of its licence should it continue to ignore instructions. Satra accuses Telkom of high-handed behaviour in its failure to follow procedures for a tariff increase and its refusal to reverse the […]

MONDAY, 10.30AM THE Standard Bank announced rate cuts on Monday morning, following behind First National which stole a march on it by announcing the same cuts on Sunday. Both were responding to Friday night’s announcement by Reserve Bank governor Chris Stals of a long-expected rate cut from 17% to 16% First National said it would […]

MONDAY, 11.05AM: WESTERN Province are through to the final of the Bankfin Currie Cup after beat Gauteng Lions 38-18 at Newlands on Saturday after leading 20-12 at interval. Four tries by the Western Province with no reply form the Lions was the true reflection of the game. Lions created many chances but failed to convert […]