Michael Metelits Futures and options have a bad name in many circles. These financial “derivatives”, so-called because their price is derived from the price of another security, can make sensational amounts of money for the smart and lucky and lose equally spectacular amounts for the smart and unlucky. Crashes of traditional equity markets get blamed […]
How was Wired magazine to have known that Godzilla would prove such a flop? With a three-month lead time, the United States’s pre-eminent futurists are bound to make a few wrong guesses. Putting Godzilla on their June cover, in anticipation that the flick would live up to its hype, probably seemed like a good bet. […]
leaders SACP Gauteng: RIGHT TO REPLY Sechaba ka’Nkosi’s article, “SACP split over who will lead” (June 19 to 25) uses the politburo meeting held on June 16 as a basis for so-called disunity. From our understanding of South African Communist Party procedures, nominations start at branch level, then go to districts and are finalised at […]
Who is . . . Sarah Amin? Nick Hopkins and Giles Foden The last time Sarah Kyolaba Amin commanded this much attention, her life was different. As the fifth wife of the former Ugandan dictator Idi Amin, she lived in splendour and travelled the world meeting dignitaries. She was even granted an audience with the […]
Scholar Apollon Davidson is a living link between Russia and South Africa, writes Shaun de Waal The histories of South Africa and Russia are curiously intertwined, going all the way back to Jan van Riebeeck. In his journal, the first official colonist expressed the desire for help from a Russian with experience in the exploitation […]
Chris Roper On stage in Cape Town The play Sadako is described as “moving and uplifting” in all the press mentions, and you tend to forget what these clichs really mean until you see them expressed around you. When the lights go up at the end of the play, the man next to me is […]
Brenda Atkinson On show in Pretoria Fernando Alvim speaks a language not readily associated with contemporary South African art. For one thing, it seems not to be artful. It is aware of theory, of art history, but bounces back to these only for cursory back-up of an emotional point. It is lyrical, expressionist, if you […]
FRIDAY, 8.30AM: DEPUTY President Thabo Mbeki on Thursday added his voice to Wednesday’s criticism by President Nelson Mandela of the South African Communist Party. Addressing the SACP’s 10th annual congress, Mbeki berated the party for the ease with which it has levelled “charges of treachery” against the African National Congress, adding that the ANC does […]
say hemp farmers Ferial Haffajee Major South African companies, in conjunction with the government, are funding research into hemp production at the country’s first experimental cannabis farms. Among them are Mercedes Benz South Africa, PG Bison and Masonite Africa. The farms, around the country, are controlled by the Agricultural Research Council and supported by the […]
FRIDAY, 5.00PM: THE South African Broadcasting Corporation on Friday confirmed that it fired newly appointed broadcasting strategy CE Govin Reddy on Thursday following an angry meeting with the SABC board on Wednesday. Although there was an indication on Friday morning that Reddy is planning to take legal action against the SABC, spokesman Marj Murray on […]
Brenda Atkinson I am no fan of sport. I don’t give a toss for its nation-building bumf, I begrudge it its unreserved corporate support, and it brings out the misanthrope in me. But put Bafana Bafana on the box and I’m all patriotic pride and good humour. I get butch and yell things like, “Why […]
Andrew Worsdale Grey Hofmeyr is a great guy, and honestly, I’m not sucking up (I had a cameo part in Suburban Bliss). Straight and to the point with an affable and very South African manner about him, he sits behind a large desk in Henley Studios at Auckland Park, with a monitor beside him. He […]
Oxford University Press (OUP)has relaunched its paperback World’s Classics series, a handsome and sturdy set of the best of Europe’s voluminous literature (with some American and Asian works thrown in, too). The titles reach back to Mesopotamia thousands of years ago and forward to James Joyce’s Ulysses. The series features sacred texts such as the […]
Sechaba ka’Nkosi and Rehad Desai The gauntlet thrown down to the South African Communist Party on Wednesday by President Nelson Mandela could be the final bell for the SACP in its battle to re-establish itself as an effective political force on the South African landscape. Mandela’s tough speech to delegates at the SACP’s 10th national […]
Shaun de Waal On tour On the new Tic Tic Bang! album, Low Riding, two of South Africa’s best young singer- songwriter-guitarists combine their talents to create what could well be the local album of the year. Matthew van der Want and Chris Letcher have meshed to make a multifaceted work full of surprises, an […]
Mukoni T Ratshitanga Golden Miles Bhudu, the outspoken president of the South African Prisoners’ Organisation for Human Rights (Sapohr) and a former member of the African National Congress, has crossed the political floor to join Bantu Holomisa’s United Democratic Movement. Bhudu joined the ANC in 1991, but has not renewed his membership since, although he […]
Andy Capostagno Rugby What do you say about South Africa 96, Wales 13? It’s difficult to get a true sense of perspective when one team has scored 15 tries and yet is disappointed about not cracking the 100 barrier. Perspective comes with distance and on Saturday I was not at Loftus Versfeld, but at the […]
Donna Block European markets jumped ahead. Asia hit an 11-year low. The Athens exchange has a positive outlook ahead of privatisation, while the Heng Seng has lost 2% of its value. Welcome to the stock markets of the world. What does it all mean and what is the Heng Seng anyway? The Heng Seng is […]
Peter Makurube You would need to be an incurable optimist to believe you’d ever see Philippe Troussier smile. But he did, when Bafana Bafana played Denmark. If you blinked you probably missed it. You’d have to be as much of an optimist to have believed that Tananas, one of South Africa’s best and most successful […]
WEDNESDAY, 5.00PM: THE South African Communist Party on Wednesday hit out at the government’s growth, employment and redistribution policy (Gear), saying it is misplaced to address socio-economic needs, and has manifestly failed to reach its stated targets. Addressing the SACP’s 10th congress at Crown Mines in Johannesburg, SACP general secretary Charles Nqakula said: “We remain […]
If youve ever perused the Johannesburg Stock Exchange share pages in search of potential shares and happened on the property section, youll have noticed that there are three separate sectors listed there: property companies, property trusts and property loan stocks. One of the least talked about and underrated of the three is the property loan […]
One thing is clear amid all the uncertainty: South Africa’s economy is in big, big trouble, writes Ferial Haffajee Like emergency tow-truck drivers who rub their hands together eagerly when an accident report crackles over their citizen- band radios, the repo men are waiting. A month or so after an interest-rate hike, business picks up […]
Christopher Reed in Los Angeles The self-proclaimed shaman and best- selling author Carlos Castaneda, who pioneered the New Age movement with stories about a Mexican sorcerer called Don Juan, has died as mysteriously as he lived. His demise in the fashionable Los Angeles district of Brentwood was disclosed by the Los Angeles Times, almost two […]
Bongani Siqoko About 130 homeless children, aged between five and 17, living at the Daily Bread Charitable Trust shelter in East London, were severely assaulted and 56 of them kidnapped last weekend. The children were attacked by men claiming to be African National Congress marshals, who accused them of illegal posession of firearms and stolen […]
Phillip Kakaza Zimbabwean master drummer Jethro Shasha, well-known on the South African music scene, died at the age 46 last Sunday, having suffered for many years from diabetes. He played with many top musicians, including Malian Salif Keita. He was due to do a live recording with pianist Paul Hamner this weekend. Touched by Shashas […]
Ed Vulliamy Baseball Before he pitched his first ball from the mound at Yankee Stadium earlier this month, Orlando Hernandez paused and looked around at the crowd with an expression that mixed disbelief, joy, awe and a little pain. It was the end of a rainbow, and of a six- month journey, for the Cuban. […]
Alex Dodd When celebrated American playwright August Wilson first saw Athol Fugards Sizwe Bansi is Dead way back in 1976 at the Pittsburgh Public Theatre he was blown away. I thought This is great. I wonder if I could do something like this, he says. Two Pulitzer prizes later he still cites Fugard as a […]
If all goes to plan, controversial Aids drug Virodene could soon get the go-ahead, reports Andy Duffy A team of top medical experts, funded from the public purse, has been helping prepare the controversial Aids drug Virodene for clearance for human trials. The group, established by the Medicines Control Council (MCC), is working closely with […]
Andy Capostagno Tennis There is only one thing better than winning Wimbledon and thats winning it again, said the late Arthur Ashe. The 1975 mens champion just about summed up most peoples feelings about the All England Championships. For while Wimbledon is full of cant and class distinctions it is also full of people, and […]
A new movie has put Julie Christie back in the spotlight she loathes. She tells Ian Hamilton about her amnesia In her latest film, Afterglow, which was released in South Africa this week, Julie Christie plays a character called Phyllis Mann, a one-time Hollywood film actress. Middle-aged and locked into a dire marriage to the […]
fossils Ellen Barlett James Kitching is really retired now, he says his days in the field are over. As he says it, he looks across the room, toward his wife. They exchange glances in the accommodating way of the long- married, then she sighs. One gets the feeling neither believes it. Moments later – talking […]
suicide Tangeni Amupadhi The bank robbery trial against Mzwakhe Mbuli got off to an inauspicious start this week when one of the officers who arrested the poet committed suicide and the probe into police actions surrounding Mbuli’s arrest continued. Prosecutor Johann Kok said this week he would not hold off until the Independent Complaints Directorate […]