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    WHIZZ GOES BANG
    By Chris Gilmour
    Arcay Group, formally Norvest Ltd, a listed property company, is being wound up. The group, headed by Kevin de Villiers, was liquidated in the Johannesburg high court last month owing nearly R100m, with no prospect of being able to repay it. D...

    PORTABILITY 'ON TRACK'
    By Duncan McLeod
    South Africa's cellular operators say they are on schedule to launch mobile number portability by the end of June 2006, as required of them in terms of new regulations crafted by the Independent Communications Authority of SA (Icasa). Number p...

    A MATCH FOR THE SENSITIVE
    By Ian Fife
    Melrose Arch owners Property Partners have won the historic Lion Match headquarters in Observatory, Cape Town, on tender for R37,5m. They have brought Equity Estates in as a 50% partner. Equity Estates specialises in the development of sensiti...

    UK U-TURN HITS SIPPS
    By Ian Fife
    The British government did a sudden U-turn this week and prohibited tax-free pension funds, called Sipps, from investing in residential property or moveable assets, like fine wines and paintings. Research indicates that many of the 800 000 or ...

    VHS-BETAMAX: ROUND TWO
    By Larry Claasen
    Remember the messy fight between Sony and Toshiba about whether the format for video should be Sony's Betamax or JVC's VHS? Prepare for round two as three rival technologies go against each other to set the new standard for DVDs. Son...

    PROUDLY SOUTH AFRICAN

    Olympic gold medallist swimmer Roland Schoeman, after turning down a big-money offer to swim in the colours of Qatar in 2012 ...






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