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/ 16 October 2003

SA generic Aids drugs breakthrough

The Treatment Action Campaign is celebrating what it calls a ”ground-breaking” decision on Thursday by the Competitions Commission that found two giant pharmaceutical firms culpable of charging excessive prices for anti-retroviral drugs and abusing their dominant positions in the market.

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/ 16 October 2003

South Africa and India sign key pacts

Nascent allies India and South Africa on Thursday signed five landmark pacts and in a declaration pledged to jointly fight international terrorism, religious bigotry and drug trafficking. Earlier on Thursday, President Thabo Mbeki called for means to strengthen the strategic partnership between his country and India.

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/ 16 October 2003

Massive smoking fines on the way

The Department of Health has released details of a Bill that seeks to increase dramatically fines under the anti-smoking legislation. The fine for any person who fails to control smoking on his or her premises is to go up from R200 to R20 000 for a first offence and R100 000 for a second.

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/ 16 October 2003

SA residents with offshore assets can avoid levy

South Africans who hold undeclared off-shore assets can now opt to make a declaration instead of applying for amnesty and paying a levy. Government’s special Amnesty Unit chairman Advocate Mbuyiseli Madlanga said in a statement on Thursday that the Exchange Control Circular No D 405, issued on September 30, provided a loophole for residents under certain circumstances.