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/ 11 October 2003
The South African labour market is flexible as it is the eighth least regulated of 130 nations surveyed by the World Bank, says Labour Minister Membathisi Mdladlana. Mdladlana said businesses in South Africa faced fewer labour regulations than their counterparts in Ireland, Switzerland or Australia.
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/ 11 October 2003
The two unions who threatened to down tools at the SABC have both accepted the public broadcaster’s wage offer. The Media Workers’ Association of South Africa (Mwasa) said on Friday it had accepted the SABC’s 8,55% offer and had officially called off the strike.
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/ 11 October 2003
China yesterday began the countdown towards its first manned space mission, announcing a three-day launch window from next Wednesday for the Shenzhou V (Divine Vessel).
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/ 11 October 2003
Deputy President Jacob Zuma on Friday opened Swedish aircraft maker Saab’s Gripen production line for the South African Air Force. South Africa is buying 28 of the advanced Swedish aircraft to use for, among other tasks, peace support operations in Africa.
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/ 11 October 2003
A groundbreaking study on business ethics in South Africa has found many top listed companies face high levels of risk through paying ”mere lip service” to ethics management. The survey found ”worrying ethical lapses” in many of them.
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/ 11 October 2003
The fundamental challenge in South Africa today is transforming the current economic growth path and overcoming the dual economy, SA Communist party secretary-general Blade Nzimande said on Friday.
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/ 11 October 2003
The public prosecutor’s office in Paris said yesterday it was opening a formal judicial inquiry into alleged corruption by a French engineering firm and the American oil services giant Halliburton, which was headed until two years ago by Dick Cheney, the vice-president of the United States.
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/ 11 October 2003
An Iranian human rights lawyer who fell foul of her country’s conservative clerics has won the Nobel peace prize, in what some see as a rebuff to the Pope, who was heavily tipped to win the prize.
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/ 11 October 2003
The two chief lieutenants of ousted New York Stock Exchange chief, Richard Grasso, will receive $22-million on their retirement in addition to earnings of about $13-million each over the past five years, it was disclosed yesterday.
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/ 11 October 2003
New Zealand got their World Cup campaign off to an expected winning start with a 70-7 Pool D win over Italy under the Docklands Stadium roof on Saturday. But despite running in 11 tries, New Zealand saw first choice goalkicker Carlos Spencer miss three out of four place kicks.