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/ 13 September 2004
Exporters have been warned that failure to comply with the Trade, Development and Cooperation Agreement (TDCA) between the European Union and South Africa would have far-reaching implications. The TDCA will open up South Africa’s market to 86% of EU goods over a 12-year period, while opening up the 15 EU economies to 95% of South African goods over a 10-year period.
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/ 13 September 2004
About one million school pupils will not write their end of year exams if the planned strike by teachers goes ahead, the Congress of SA Students (Cosas) warned on Monday. At a press briefing in Johannesburg, Cosas president-general Smanga Mpila said replacements used while regular teachers were on strike would only confuse pupils during this crucial period.
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/ 13 September 2004
South African media group Kagiso Media on Monday announced that its headline earnings per share (HEPS) had improved by 15,6% to 70,2 cents per share for the year ended June 2004 from 60,7 cents previously. The company reported a 19,6% improvement in net profit to R90,104-million from R75,316-million. It also announced its final dividend of 42 cents per share compared with 20 cents previously.
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/ 13 September 2004
Mark Thatcher’s lawyers are in the Cape High Court on Monday to challenge a subpoena compelling their client to appear in court to answer questions from Equatorial Guinea prosecutors. ”An urgent review application is being brought in the Cape High Court in order to challenge a range of aspects relating to the subpoena,” said a member of the defence team.
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/ 13 September 2004
For the second time in less than two years, US Airways Group announced on Sunday it had filed for bankruptcy protection after failing to resolve a dispute over wages and benefits with its key unions. ”Since we still lack the new labour agreements that are needed for the transformation plan to succeed, we must preserve the company’s cash resources that are required to implement the plan,” US Airways chief executive Bruce Lakefield said in a statement.
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/ 13 September 2004
North Korea said a large explosion several days ago was a planned demolition for a hydro-electric project, the BBC reported on Monday. North Korean Foreign Minister Paek Nam Sun said the blast was intentional following a request for information from British Foreign Office minister Bill Rammell, who is visiting Pyongyang.
Mushroom cloud riddle
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/ 13 September 2004
The Harare city council will borrow Z-billion (about R62-million) to restore water to parts of the city that gets only six hours supply a day. The move follows the resignation of all opposition Movement for Democratic Change councillors this month, who said the government was withholding funds.
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/ 13 September 2004
Barefoot and dirty, Nkosinathi Gumede took his place in the front row at a concert by conductor and pianist Justus Frantz. The 11-year-old from the impoverished and crime-ridden township of Alexandra in northern Johannesburg appeared enthralled as the flamboyant German began directing his Philharmonia of the Nations through well-known works from Dvorak and Rossini.
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/ 13 September 2004
One of the most powerful hurricanes of recent times rolled across the Cayman Islands on Sunday and is due to hit Cuba on Monday after causing more than 60 deaths in the Caribbean. Ivan was producing winds of about 250km and seven-metre waves by the time it struck the Cayman Islands on Sunday afternoon, swamping the coastlines of the vulnerable British dependency and threatening the 45 000 inhabitants.
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/ 13 September 2004
The Israeli prime minister, Ariel Sharon, accused extremist rabbis and settler leaders on Sunday of inciting a civil war against his government’s plan to withdraw all Jews from the Gaza Strip and some parts of the West Bank. Sharon banged the table at the weekly meeting of the Cabinet as he denounced his opponents’ call to soldiers to disobey orders to remove the settlers.