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/ 16 October 2001

Socialism is? waiting in a queue for food

ZIMBABWE’S president vowed yesterday to return the country’s crippled economy to a socialist command system, telling businesses opposed to the move to ”pack up and go”. Robert Mugabe said his government would strictly enforce the price freeze on basic foods imposed last week and threatened to seize any companies that shut down because the new […]

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/ 15 October 2001

ZIM SAYS UK DRAGGING FEET OVER ABUJA DEAL

ZIMBABWE has accused its former colonial master Britain of failing to play its part in implementing an agreement reached last month in a bid to end the land crisis. “There is room for the British to come back into Zimbabwe’s land reform programme. But if they squander this chance then it will take them time […]

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/ 15 October 2001

SA starts deporting Zimbabwe’s migrants

Harare | Monday SOUTH Africa has begun deporting some 15 000 Zimbabweans as part of a recent decision to rid the country’s farms of legal and illegal immigrant workers, state radio said on Monday. Three trucks loaded with some 400 deportees arrived at the southern border town of Beitbridge on Sunday, the radio said. South […]

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/ 15 October 2001

SAAMBOU EXPECTS DROP IN INTERIM EARNINGS

SAAMBOU said on Thursday it expected headline earnings for the six months ended 30 September to amount to about R65 million, equating to 40,7 cents per share, down from the headline earnings for the six months ended 30 September 2000 of R76-million, equating to 52,0 cents per share. Further, to comply with amended regulatory requirements, […]

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/ 15 October 2001

IMF RELEASES 12 MILLION DOLLARS FOR RWANDA

THE International Monetary Fund has released $12-million in assistance for Rwanda as part of an antipoverty initiative that started in 1998, the fund said on Wednesday. “The Rwandan authorities have continued to make progress in strengthening macroeconomic management and structural reforms,” the IMF said in a statement.” This is evidenced by the continued robust economic […]

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/ 15 October 2001

Pretoria, Windhoek still bickering over border

AUGETTO GRAIG, Windhoek | Monday THE ongoing dispute about the border between Namibia and South Africa at the Orange River came under investigation again this week after an article, published in a leading South African daily alleged that Namibia does not hold any mining rights in the Orange River and that the border on the […]

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/ 15 October 2001

Mboweni vows action against illegal traders

Pretoria | Monday THE South African Reserve Bank said on Sunday that it was ready to take ”firm steps” against currency trading which was inconsistent with existing rules and regulations. Reserve Bank governor Tito Mboweni said in a statement the September terror attacks on the USA and the ensuing international tension and conflict had had […]

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/ 15 October 2001

FF TAKES UMBRAGE AT ENGLISH CENSUS FORMS

The Freedom Front (FF) on Sunday said it was considering to obtain a court interdict against Statistics South Africa because census forms were only available in English. Representative Pieter Mulder said if necessary, the FF was prepared to approach the Constitutional Court on the matter. ”This could lead to the extension of the census period, […]

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/ 15 October 2001

SA DEVELOPMENT BANK RECEIVES R130M

THE Development Bank of SA (DBSA) will receive more than R130-million from the German Development Bank to finance, among others, municipal infrastructure projects, the DBSA said on Thursday. The signing ceremony of a DM28,5-million (about R124,8-million) loan and a DM1,5-million (about R6,5-million) grant will take place in Johannesburg on Monday. ”The loan funds will be […]