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/ 26 October 2001

Arms firm drops charity

Paul Kirk A controversial companythathas a major stake in the R60-billion arms deal has reneged on an agreement to donate money to a Durban charity set up toeducate the poor. More than two years after promising to fork out about R1-million to kick-start the Archbishop Denis Hurley Educational Fund, Nkobi Holdings, which is headed by […]

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/ 26 October 2001

Marais’s son living illegally

Marianne Merten A senior Western Cape government official has been suspended after a forensic audit found sacked Cape metro mayor Peter Marais’s son is unlawfully occupying a low-cost government house in Cape Town. Grant Marais is one of 135 tenants unlawfully living in housing built for poor whites in Parow Park, northern Cape Town, in […]

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/ 26 October 2001

A comprehensive guide to Africa

REVIEW David Shapshak All Africa Internet Guide by Libby Young (M&G Books) Despite being a part of the so-called Third World, all 54 countries in Africa have a Web presence and you can access the Internet from them. But finding out about websites and navigating the Internet is as difficult as doing it physically. Thankfully […]

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/ 26 October 2001

Business cautious on economic Codesa

Drew Forrest and Jaspreet Kindra Business leaders across the racial spectrum reacted with caution this week to the labour movement’s plans for an economic summit, while a key representative of big business was positively disparaging. There was little indication that organised business believes much can be achieved by its participation on economic matters, but there […]

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/ 26 October 2001

GREEN LIGHT FOR SALE OF HELENA, ORYX MINES

GOLD FIELDS Limited has granted the ARM/Harmony joint venture an exclusive option to negotiate the possible disposal of the Saint Helena and Oryx mines. Gold Fields said in a statement on Tuesday that a discussion was held about providing the partial funding requirements to the joint venture. Harmony in return has granted Gold Fields an […]

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/ 26 October 2001

Judge stops strike at Billiton

STUART GRAHAM, Durban | Thursday MEMBERS of the National Union of Metalworkers of SA (Numsa) at steel and metal company BHP Billiton’s mines in Hillside and Alusaf Bayside in Richards Bay will not be allowed to embark on a solidarity strike on Thursday. London-based BHP Billiton made an urgent application to the Durban Labour Court […]

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/ 26 October 2001

Windows’ dressing as contentious as ever

David Shapshak This week’s launch of Microsoft’s flagship operating system, Windows XP, is either a blessing or curse, depending on your stance on what the world’s largest software manufacturer is up to. What is certain is that Microsoft’s launch is probably the most controversial release in an already controversial company’s history. But Microsoft is not […]

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/ 26 October 2001

BANK, MOZAMBIQUE HUNKER DOWN

WORLD Bank representatives are due to meet with Mozambican government officials for two-day consultative talks starting on Thursday, the bank said. The talks in Mozambique’s capital Maputo are to assess progress in the government’s poverty reduction and development programmes. The Bank said in a statement that the meeting would also examine Mozambique’s future financial requirements. […]

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/ 26 October 2001

NEW LOOK FOR FINANCE WEEK

THURSDAY will see a revamped version of Finance Week hit the streets. Editor Rikus Delport said the publication would concentrate on investment and company strategy. ”Doing so is a recognition of the changing ways in which South Africans work and their own realisation that wealth creation is everyone’s own responsibility”. He said that ”this is […]