Word: payday
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Even on Friday night−payday−there's not much to enjoy in Soweto. Into a 35-sq.-mi. area are packed perhaps a million people−650,000 by official count−and life is hard and bleak. Soweto is Johannesburg's Harlem, a black ghetto that has sprawled into the country's fourth largest city...
Actually there are not enough police available to supervise the shebeens or control the populace. Thugs known as tsotsis prowl the streets, particularly on payday, to mug hapless passersby. With murders running at the rate of 1,000 a year, the all-black Soweto urban council (which advises on Soweto affairs for the all-white Johannesburg city council) has called for vigilante patrols...
...Biggest Payday. What the champion had to announce after the fight, though, was far more interesting than the bout: on Oct. 1 in Manila, Ali will fight ex-Titleholder Joe Frazier. The purse, put up by the Philippine government, guarantees $4.5 million for Ali and $2 million for Frazier. Counting closed-circuit TV and other "ancillary" income, Ali should take home close to $8.5 million, Frazier $4.5 million-the biggest payday in the history of sport. As if they needed a down-to-earth incentive, the two fighters shook hands on a whopping $1 million personal bet. "It will...
...fiscal year on June 30, the city must raise a staggering $1 billion to meet its payroll and operating expenses and pay off its notes and bonds. Yet so shaky is its credit that it may not be able to raise the money-with the prospect of skipping payday for city employees or even defaulting on its obligations. The one fleeting hope for a painless solution came crashing down last week when President Ford, after due expression of sympathy, rejected the city's request for emergency federal assistance...
...matchmakers were counting dollars, they were also wondering when All would return to the ring for another payday-in a rematch with Foreman, perhaps, or a third fight with Joe Frazier. All talk of quitting the ring evaporated. "I'm not gonna retire for a while," declared Ali. "I might fight again, but they gotta get up $10 million before I think...