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/ 31 July 1997

Stals hopeful on rate cut

THURSDAY, 8.00AM RESERVE BANK governor Chris Stals said yesterday that he hoped to relax monetary policy before the year end, but refused to be drawn on a date. ” The influence of last year’s depreciation (of the rand) is working itself out from the inflation now, so I think all the indicators tell us that […]

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/ 31 July 1997

Survey finds SA among most corrupt countries

THURSDAY, 3.30PM SOUTH Africa is the 33rd most corrupt country out of 52 nations surveyed by Transparency International this year. Transparency International’s corruption perception index is based on seven international surveys of businesspeople, political analysts and the general public, and ranks countries out of 10, with the least corrupt gaining the most points. No country […]

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/ 31 July 1997

Swallows score solid sponsorships this season

THURSDAY, 1.00PM: MOROKA SWALLOWS on Thursday announced their three sponsors for the season — Nike, Elephant Beer and Independent Newspapers. Swallows have signed a three-year contract with Nike as their technical sponsor and have renewed their contract with Elephant Beer. The sponsorship means that Swallows will have constant contact with other Nike-sponsored clubs — Brazil’s […]

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/ 31 July 1997

Ngobeni wants to beat the best

THURSDAY, 1.00PM: SOUTH AFRICAN national junior welterweight champion Lawrence Ngobeni will meet Uraguayan Wilson Enrique Galli over 10 rounds at Morula Sun in Mabopane on Sunday. At Thursday’s pre-fight medical meeting at Nasrec Galli looked relaxed. An amazed Ngobeni said: “He sure looks a sleek mover and a hard puncher. But you’ve got to beat […]

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/ 31 July 1997

Police narrow Richmond suspect list

THURSDAY, 2.00PM The special investigation team tracking the killers of five African National Congress members, including two newly elected councillors, in Richmond in the KwaZulu-Natal midlands have narrowed down their suspect list. Police spokesman Superintendent Henry Budhram said the investigators, headed by Director Bushy Engelbrecht, are now concentrating on finding only three suspects: Patrick “Bob” […]

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/ 31 July 1997

Malinga new SA world champ

THURSDAY, 1.00PM: SOUTH AFRICA’S Peter Malinga beat Alessandro Duran in the third round, to be crowned as the new World Boxing Union (WBU) welterweight champion in Sicily on Wednesday night. Malinga dropped Duran with an overarm in the second round. Duran tried to survive and came back for the third round where Malinga dropped him […]

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/ 31 July 1997

Banda off the hook as appeal thrown out of court

THURSDAY, 5.00PM THE Malawi Supreme Court on Thursday threw out an appeal by the state in its attempt to reopen murder and conspiracy charges against former president-for-life Hastings Kamuzu Banda. The ruling ended a three-year-long judicial process that chief state prosecutor Kamudoni Nyasulu described as “a catharsis” for a young democratic nation that suffered three […]

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/ 31 July 1997

‘1 100 years needed to clear all landmines’

ANOTHER MEGA-HEIST FIFTEEN armed robbers ambushed a security van on the N4 highway near Bronkhorstspruit, killed two security guards and stole R8-million in cash on Thursday morning. A massive manhunt has been launched to track down the culprits. Pretoria deputy fire chief Gordon Kuhn was shot while driving past the scene of the robbery and […]

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/ 31 July 1997

Late compromise possible on employment Bill

THURSDAY, 11.30AM THE Congress of SA Trade Unions is to go ahead with its threatened rolling mass action in support of demands on the Basic Conditions of Employment Bill, starting with a one-hour national work stoppage on Monday, but has opened the way for a resumption of talks between itself, government and business on the […]

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/ 31 July 1997

Koroma ‘won’t hand over power until 2001’

THURSDAY, 5.00PM SIERRA Leone coup leader Major Johnny Paul Koroma said on Wednesday his military junta will not hand over power to a civilian government before 2001, effectively torpedoing peace talks in Abidjan. Regional foreign ministers who have been negotiating with Koroma’s envoys in Abidjan for a return to civilian rule slammed the announcement and […]