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/ 6 November 2006

Shaik judgement may cost Zuma dearly

The Supreme Court of Appeal dented former deputy president Jacob Zuma’s chances of becoming the next president on Monday when it confirmed corruption convictions against his former financial adviser Schabir Shaik. Meanwhile, the Shaik family have dropped their earlier criticism of the National Prosecuting Authority.

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/ 6 November 2006

Zim cellphone companies challenge state interference

Two of Zimbabwe’s private cellphone companies have mounted a court challenge to new state regulations forcing them to share international traffic revenue with a state-owned company. Independent cellphone companies were given until November 1 to comply with a government order forcing them to route their traffic through a single international gateway.

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/ 6 November 2006

IMF sees ‘enormous potential’ in SA

The International Monetary Fund’s (IMF) first deputy managing director, John Lipsky, said on Monday that he saw tremendous potential in South Africa, but emphasised the need to maintain transparent economic policies, as well as the need to take action to benefit from foreign direct foreign investment.

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/ 6 November 2006

Vaal Challenge ends with five-canoe charge

Ant Stott and Sven Bruss walked away with the spoils at the end of a thrilling five-boat charge for the line in the Vaal Challenge canoe marathon that ended on Sunday. At the end of 75km and two days of breakneck racing, the title was decided in the technical channels on the Vaal River just above the finish.