There’s more to investment clubs than starting a stokvel. Alex Brown explains how to get your savings on the stock exchange `Give me an acorn and the passage of time and I’ll give you an oak tree.” So it is with money – but the problem is that few of us are Zen enough to […]
A ZAMBIAN magistrate on Friday charged with espoinage the 12 Postjournalists arrested last month. The journalists from the Post newspaper, who include the managing director and editor, Fred M’membe, were separately arrested and charged with espionage, which carries a minimum jail term of twenty years, after their paper carried a story comparing Zambia’s military capabilities […]
SIEMENS (SA) announced on Thursday that it has been awarded a $15-million GSM supply contract by Zamcell, the third cellular network to operate in Zambia. Zamcell was launched in December 1998. In terms of the turnkey contract, Siemens provided the equipment for the network, which was installed in time for the first commercial trials which […]
Shaun de Waal Johannesburg has plenty of room for second- hand bookshops, if the recent expansion of two groups is anything to go by. Eric Nofal and Irene Koch of Books Galore are about to open a new shop – their seventh – in the Hyperama Centre in Constantia Kloof, Weltevreden Park, and Doron Locketz, […]
John Matshikiza:WITH THE LID OFF I ran into my old friend, Tiger, in Yeoville the other day. Tiger is looking pretty good, wearing a suit and tie with all the trimmings nowadays, and Ray-Bans that never leave the bridge of his nose. But he still has that foxy, township tic of never looking you in […]
Ian Clayton Some “struggle accounting” was uncovered in the Department of Trade and Industry by Auditor General Henri Kluever when he examined its accounts for a R3,1-million small business conference. The department spent an extra R1,2-million without authorisation over and above the R2-million it received from the Danish government for the second national conference on […]
Powerful politicians have embarked on a two-pronged strategy to influence the ANC’s selection of the Gauteng premier candidate, writes Wally Mbhele As Gauteng Premier Mathole Motshekga’s tight grip on his post begins to falter, it appears that his political opponents are winning a battle to remove him from the most powerful provincial office in the […]
Peter Makurube It can only happen in South Africa: the most popular morning show radio host in the country is hardly known beyond his audience of 1,7-million. DJ Chomane Chomane started out at Lesedi FM as a junior presenter, and he had to deal with the bureaucrats of the old SABC. At the time each […]
Marianne Merten A lack of change in their lives and disillusionment with politics are key reasons why many Cape Flats youths are likely to stay away from the polls on June 2. One youth who will not be voting is Dale, of the working-class area of Heideveld. Now 23 years old, he was a first-time […]
Andrew Worsdale Movies of the week Hate has always been a powerful driving force for movie narratives; whether it’s the supposedly morally correct vigilante hatred of Dirty Harry’s “Feeling lucky Punk?”, Ralph Fiennes diabolically loathsome Krakow Nazi Commandant, Amon Goeth, teetering on the brink of racial madness in Steven Spielberg’s Schindler’s List, or Malcolm McDowell’s […]
Andrew Muchineripi Soccer The team and reserves walked on to the pitch holding hands Brazil-style, formed a circle, bowed heads and prayed, then kicked footballs into the sparse George Goch Stadium crowd. On the warm, partially cloudy weekend afternoon the future of Moroka Swallows Football Club was at stake when they tackled Dynamos from the […]
Sunday night in front of the box fed up with endless images of bombs, refugees and Nato briefings I did a little channel surfing and came across a lovely little film, called A Month By the Lake, starring Vanessa Redgrave. She plays a spinster looking for romance during an Italian holiday just before World War […]
Ian Clayton Minister of Provincial Affairs and Constitutional Development Valli Moosa announced this week that the government’s allocation to local authorities would be R2,3-billion during the current financial year, an increase from the R2,1-billion allocated in the last financial year. Moosa added that local authorities with greater need would “gradually” receive more direct government aid […]
THE establishment of an African human rights court responsible for trying human rights breaches will be discussed at Africa’s first conference devoted to the continent’s human rights situation, continuing in Grand Baie, Mauritius on Friday. The conference is attended by African foreign ministers The protocol for the proposed court must be ratified by 15 OAU […]
RESPECTED journalist Max du Preez, the producer of the popular Special Assignment investigative programme, was fired by the SABC on Thursday. Du Preez was given his marching orders by editor-in-chief Phil Molefe on Thursday afternoon. “They said I am arrogant and don’t show respect,” Du Preez told Beeld . Last Saturday the programme, which will […]
Emeka Nwandiko What do you wish for on your birthday if you are a king? Loyalty from your subjects, an end to years of industrial unrest, constitutional reform, more foreign investment to keep your kingdom, the size of Gauteng, afloat? The list goes on for King Mswati III of Swaziland, who will celebrate his 31st […]
Lisa Buckingham The Bank of England has begun a discreet investigation into index tracker investment funds. It is worried that the burgeoning growth of such “passive” stock market vehicles risk destabilising London’s financial markets. A team of senior executives in the bank’s financial stability unit is monitoring the issue amid growing fears that tracker funds […]
THURSDAY, 11.00AM: RESTRUCTURING and the downward economic cycle are the major contributors to the current trend of job cuts, a survey by labour analysts Andrew Levy & Associates released on Wednesday shows. According to the survey, in which 165 companies with 315000 employees were interviewed, retrenchments will not abate for some time, as many companies […]
I am aware that the term “Harare’s nightlife” could be said to be a contradictio in adjectio, like hot snow or cold fire. Two years ago, I’d fully agree. Not now. Sleepy Harare is coming out of its torpor, and not only with food riots. Hot tip: nightlife begins and ends early because Harare is […]
AN East Rand bomb disposal unit defused two mini-limpet mines found by railway workers under railway tracks between the Lindella and Katlehong stations on Wednesday, police said. Police spokesman Captain Andy Pieke said the mines’ detonators were destroyed in a controlled explosion by a bomb disposal expert. He said the mines appeared old and could […]
TALKING on a cellphone while driving could be outlawed by the end of the year if a draft regulation by the Department of Transport is approved. The regulation was published in the Government Gazette on Wednesday for public comment, in line with legislation in Switzerland and Australia. Traffic Legislation Section manager Deidre Briech told SABC […]
Ann Eveleth A Pretoria father is suing the government for failing to protect his three-year-old daughter who was raped by a state mental patient who wandered into their neighbourhood. The Pretoria High Court will be asked next month to decide whether the state has a constitutional duty to protect the security of its citizens. Westfort […]
There are several ways to commit suicide. One is just to do it, another is to threaten it repeatedly, while a third is to mount half-hearted attempts at it. If you do the latter two often enough, people soon discount you in anticipation of your final departure. Zimbabwe seems to be alternating between the latter […]
Michael Finch Athletics South Africa’s top athletes and their agents have turned down Athletics South Africa’s (ASA) latest contract offer, saying that athletes will have too many obligations, but agree that a settlement is imminent. The initial deadline to sign the contracts was April 1, but due to disagreements over the amount of money being […]
invasion Two of South Africa’s top kwaito groups play in London this weekend, and if they are a success they could pave the way for other township acts, writes Bongani Madondo Flashback – 1985. Soweto, Thokoza and its satellites are burning. The only recognisable fragrance in the air being burning tyres, if not human flesh. […]
Peter Dickson Just two months before the election, Eastern Cape chiefs, whose influential vote is the hotly contested key to victory for the African National Congress or the United Democratic Movement in the densely populated rural Transkei, have been given a massive salary increase that will cost taxpayers R30-million a year. Eastern Cape Premier Makhenkesi […]
Marianne Merten Debates around the size and name of the new local government structure in Cape Town are expected to become heated. The mother city plans to be a “unicity” by the end of 2000. Already the number of councils in the Cape Town metropolitan area has been rationalised from 69 racially segregated bodies to […]
Matthew Krouse Down the tube Television viewers will get a glimpse of last Saturday’s Avanti Awards when they air on SABC2 on Tuesday April 20 at 9.30pm. The Avantis, held under the auspices of the National Television and Video Association, are now the only television awards in the country. This year, the ceremony was very […]
TOP military brass from Rwanda, Uganda and Democratic Republic of Congo rebels inspected their allied troops on Tuesday ahead of an apparent offensive against southeastern provincial capitals. Wearing unmarked fatigues, generals Kayumba Nyamwansa of Rwanda, Jeje Odongo of Uganda and Celestin Ilunga of the military wing of the Congolese Rally for Democracy — the main […]
A PAY strike in Zimbabwe paralysed postal and some telecommunication services went into its second day on Wednesday, Post and Telecommunications Corporation human resources manager Mike Nxele said. Nxele said the parastatal has offered workers a 15% pay rise in addition to the 20% cost of living adjustment demanded by the country’s powerful national labour […]
OWN CORRESPONDENT, Kampala | Thursday 2.30pm. REBELS in western Uganda killed at least 10 people during an attack on a trading centre, press reports said on Thursday. The independent Monitor newspaper said the Allied Democratic Forces (ADF) rebels early on Wednesday attacked Nyakigumba Trading Centre in the Kabarole district. Among the dead were a Ugandan […]
NORTHERN Province’s provincial government sacked seven board members on its cash-strapped Agricultural Rural Development Corporation (ARDC) on Wednesday after accusing them of being incompetent. Provincial agriculture MEC, Dean Simon Farisani, said on Wednesday that the board members had been axed for failing to implement cost cutting policies and for repeatedly failing to submit audited financial […]