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/ 25 January 2001
SOUTH Africa’s Competition Commission says it sought to scupper a joint venture by local units of BP, Caltex and Shell because it would have squeezed competition once the domestic industry was deregulated. Earlier, global oil giants Shell Group, BP Amoco Plc and Caltex Oil cancelled plans for the Trident supply and distribution joint venture after […]
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/ 25 January 2001
SOUTH Africa’s Del Monte food group has signalled it would agree to a R1.15bn bid from Italian counterpart Cirio, describing the cash offer as ”fair and reasonable” in a note to shareholders. Cirio said in December it had launched a cash offer of 525 cents per share for the entire capital of Del Monte Royal […]
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/ 25 January 2001
MARIAM ISA, Johannesburg | Wednesday SOUTH Africa’s gold giants are set to unveil better earnings for the final quarter of 2000, but a merger between the two largest producers may eclipse the results, say analysts. Speculation has mounted in the past week that world leader AngloGold would launch a bid for its smaller rival Gold […]
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/ 25 January 2001
HILARY GUSH, Johannesburg | Tuesday SOUTH Africa’s M-Cell, which owns mobile phone operator MTN, says the $285m it paid for its Nigerian GSM licence was at the high end of its expectations and would hit earnings this year. ”It would have an impact on our earnings,” M-Cell chair Irene Charnley told a news conference, without […]
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/ 24 January 2001
SOUTH Africa’s motorists, who have suffered a 30% increase in the fuel price in the past 10 months, will experience some relief with a drop in the petrol price next month. A Department of Minerals and Energy official could not confirm reports that the price would decrease by 20 cents, but said there would definitely […]
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/ 24 January 2001
THE Nigerian army is not considering a pardon for 25 wounded soldiers recently jailed for mutiny and disobedience, says army chief Victor Malu. The soldiers, who were wounded while fighting under the west African peacekeeping force ECOMOG in Liberia and Sierra Leone, were last month jailed for life for protesting against conditions surrounding their medical […]
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/ 24 January 2001
THE coalition government of Guinea-Bissau is in danger of collapse after six government members from the country’s second most powerful party announced they had pulled out. The Guinea-Bissau Resistance (RGB/Bafata movement) said President Kumba Yala had not respected a political agreement and had reshuffled his cabinet this week without consulting his coalition partners. – AFP
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/ 24 January 2001
POPULAR South African music star Brenda Fassie has arrived in the Liberian capital Monrovia to take part in celebrations marking the birthday and fourth wedding anniversary of Liberian President Charles Taylor. Thousands of Liberians lined the 45km route from Roberts International Airport to the city centre to catch a glimpse of Fassie. The singer is […]
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/ 24 January 2001
A MPUMALANGA farmer has appeared in court in connection with the death of a man allegedly mauled by his boerboel dogs. It is alleged that Christopher Livanos’ three dogs mauled the man so badly that he had not been identified. His age could not be estimated.