Staff Reporter

DAVID LE PAGE, Johannesburg | Friday 6.00pm. THE Johannesburg Stock Exchange soared on Friday following Thursday’s surprise 0,25% interest rate cut from the United States Federal Reserve Bank. Its overall 5% increase was led by the financial index which rose 7,92%. Adding to the glow brought by the rate cut was positive international response to […]

He is wanted in Italy and the US, but the SAPS can’t reel in Vito Palazzolo, writes Chiara Carter Red tape stands between convicted Mafia money launderer Vito Palazzolo and an Italian courtroom. The Ministry of Justice said this week that Italian authorities asked for Palazzolo to be extradited earlier this year on the basis […]

retrenchments Evidence wa ka Ngobeni Final examinations at the University of the Western Cape (UWC) hang in the balance this year following ongoing unrest on the campus. Examinations have been postponed for two weeks, but the administration has not yet set a date for them to begin. In an extraordinary move, UWC’s senate has censured […]

OWN CORRESPONDENT, Pretoria | Thursday 8.00pm. STATE witnesses in the Bronkhorstspriut heist trail were offered cars, houses and salaries to testify, counsel for three of the accused suggested in the Pretoria high Court on Friday. Fifteen men are have pleaded not guilty to charges of murder, attenmpted murder, robbery and car theft. The court heard […]

Bart Luirink A bronze bust depicting Dutch Nazi collaborator Jacob van Tilburg has been consigned to oblivion in the basement of the University of Pretoria (UP), but controversy is still raging about his art collection on display on the campus. The collection was in all likelihood stolen from Dutch Jews deported from Holland during World […]

hemp You’ve heard of lager, pilsener, draught and stout. Now there’s hemp beer. It’s called Hanf (“hemp” in German), made by Wdi Bru in Switzerland, and it’s finally available in South Africa (Cape Town and Gauteng only). At the third birthday party of Pretoria pita bar and reggae club Tings an’ Times on October 10, […]

Marianne Merten A key figure of the Cape Town gang and drug underworld has moved out of town in the face of new anti-organised crime legislation to clamp down on the profits of illegal dealings and assets bought with illicit profits. For some time Colin Stansfield, head of the drug cartel, The Firm, has been […]

bus Patrick Bond Last week, while global bureaucratic financial elites had trouble even pretending they possessed the tools to fix the world economy’s cracked engine, some passengers at the back of the bus debated whether to hijack the stalled vehicle or set out on foot. Urgent strategic planning for progressive resistance to globalised finance occurred […]

Ferial Haffajee This week’s rate cut is a drop in the ocean. Wednesday’s decrease in the repo rate will have little significance for wider South Africa because commercial lenders are unlikely to follow suit immediately. But the small cut – one-quarter of a percentage point – in the interest rate at which the Reserve Bank […]

Angella Johnson It was not the welcome South African backpacker David Martin (23) expected when he tried to enter Morocco during his 16-month adventure-packed tour across the continent. Despite having a valid visa, the University of Cape Town graduate was stopped at a military border post, marched through a minefield and forced to wait four […]

Andy Capostagno Rugby With The Truman Show about to overrun our cinemas there will be those who look upon the final weekend of log fixtures in the Currie Cup as another example of media manipulation. Griquas play the Falcons, Western Province play Natal and the Blue Bulls play Free State. In terms of log positions, […]

FRANCOIS CASTERAN, Harare | Friday 7.30pm. HEAVY fighting between Angolan government forces and rebel Unita troops has been reported in northern Uije province, where Unita has surrounded the town of the same name. Uije was the last town taken by government forces before United Nations-sponsored peace accords were signed in Lusaka in November 1994 between […]

OWN CORRESPONDENT, Johannesburg | Friday 11.00am. TWO local golfers, looking for their first wins as professionals, set new course records of nine-under 62s at the Royal Johanesburg West on Thursday, when they shot their way to the top of the second-round leaderboard in the Gauteng leg of the Vodacom series. Ryan Dryer (26) and John […]

Giles Foden THE CATASTROPHIST by Ronan Bennett (Headline Review) Those who suspected Ronan Bennett of being a novelist who lets his political enthusiasms – Irish republicanism, social justice – rein in the impulse towards a more elastic, heartfelt fiction will not have their suspicions confirmed by his new novel. Set in Congo before and after […]

Patrick Bond Share World `It is interesting that at times like this Mr [John Maynard] Keynes is again resurrected,” remarked South African Minister of Finance Trevor Manuel at the meeting with his Commonwealth counterparts in Ottawa at the end of last month. “There is a recognition that the standard prescription for macroeconomic stability and growth […]

South Africa Michael Metelits International research organisation Morgan Stanley Capital International (MSCI) plans to drop Malaysia from its emerging markets free index on November 30, a move which could benefit South Africa. MSCI’s move will increase the weighting of other emerging markets in the index. South Africa has the second largest weighting in the index […]

battleground On October 23 1942, the battle of El Alamein began. James Ambrose Brown, a young soldier, carried into battle a diary in which he recorded the horror of all he saw This year there will be no old soldiers at the graves of comrades who died at the battle of El Alamein. Like those […]

With the approach of Nelson Mandela’s retirement commentators will soon be offering their epitaphs on the political career of a president who will no doubt be long remembered as South Africa’s greatest leader.

WL Webb ALEXANDER SOLZHENITSYN: A CENTURY IN HIS LIFE by DM Thomas (Little, Brown) Somewhere in her great biography of her murdered poet-husband, Nadezhda Mandelstam quotes a 19th-century sage to the effect that “Russia exists to teach the rest of the world a lesson”. Whatever Freudian glosses one adds to his motivation, there is no […]

Tangeni Amupadhi Soweto police believe their “positive attitude” explains their higher conviction record for rape cases compared to their counterparts in other Johannesburg suburbs. Although statistics indicate a pathetic one out of 400 conviction rate for rape cases, a survey on sexual violence conducted in the southern Johannesburg shows Soweto police stations are streets ahead. […]

indifference Mark Atkinson in Washington When Asian currencies collapsed last year, the International Monetary Fund (IMF) and the World Bank came to the rescue with multi-billion-dollar bail- outs. Since 1985, when Tanzania began implementing its IMF structural adjustment programme, the local currency, the shilling, has devalued by 1 500%, yet the country will not qualify […]

OWN CORRESPONDENT, Johannesburg | Friday 3.30pm. THE new United States ambassador to the Democratic Republic of Congo on Thursday voiced US support for President Laurent Kabila, and slammed Rwanda and Uganda for their “military interference” in the country. The comments made by William Swing on national television are the first to be made by a […]

Mandy Collins For those of us without children, the last time school fees figured in our lives was when our parents gave us a small brown envelope for the school secretary, while they grumbled that R20 a term was akin to extortion. Well, times have changed, and if you’re considering parenthood, or have just had […]

As the Nobel Prize brings attention to Portuguese literature, Stephen Gray looks at a poet with a South African connection Ten years ago in these pages, Carmel Rickard reported from downtown Durban on the unveiling of a plaque in honour of the centenary of Fernando Pessoa’s birth. This, in turn, was at the foot of […]

Steve Gordon South African musicians at home and abroad will be saddened to learn of the death last week of guitarist Russell Herman, who died in London, where he had been living since the early 1980s. Born in Cape Town in 1953, Herman grew up in District Six, and was an integral part of the […]

Hanekom The chief land claims commissioner says he is being made `a sacrificial beast’ as his remarks in Parliament embarrassed his minister, writes Wally Mbhele Chief land claims commissioner Joe Seremane broke his silence this week over tensions that have gripped the Commission on the Restitution of Land Rights, saying that Minister of Agriculture and […]

OWN CORRESPONDENT, Harare | Friday 4.15pm. THE Zimbabwe Tourism Authority, a parastatal meant to boost the country’s international tourist business, is to confront President Robert Mugabe on his tendency to commandeer state-owned Air Zimbabwe aircraft at short notice, leaving passengers stranded. A number of industry players, including the Zimbabwe Tourism Authority and the Zimbabwe Tourism […]

Howard Barrell and Stuart Hess Minister of Health Nkosazana Zuma has vigorously defended her decision not to allow the state to pay for pregnant HIV-positive women to be treated with AZT, an expensive drug that could reduce the risk of their children being born with the virus. The decision by Zuma and the nine provincial […]

Tangeni Amupadhi Randburg’s public prosecutor struggled this week to determine whether he could prosecute the managing director of Legacy Merchant Bank, Douglass Fliess, on the bizarre charge of stealing a garden. Charges relating to the theft of plants and malicious damage to property were laid against Fliess by property agents Gary Bruyns Properties on behalf […]

OWN CORRESPONDENT, Johannesburg | Friday 10.00am. COST of local telephone calls will rise by a substantial 19,2% from next year, Telkom announced on Thursday. This increase follows rises of 25% and 28,4% in 1998 and 1997 respectively, making it the third successive year that Telkom will institute an above-inflation increase. The rising cost of local […]

Michael Metelits I admit it. I was a yuppie during the 1980s. Not just any kind of yuppie, either. I was the trade settlement operations manager for a small, but nonetheless venal, investment management firm in Boston. I sat on the trading floor and witnessed a great deal of what the Eighties had to offer. […]

OWN CORRESPONDENT, Johannesburg | Friday 9.30pm. THIRTY young elephants at the heart of a fierce row about animal cruelty are to stay with trainers accused of inhumane treatment for at least another week, an official said on Friday. The plight of the elephants has divided organisations dedicated to animal welfare, some of whose activists have […]