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/ 15 January 2007

Balfour reads Yengeni the ‘riot act’

Fraud convict Tony Yengeni received two high-profile visitors at the Malmesbury Prison on Sunday –- African National Congress deputy president Jacob Zuma and Minister of Correctional Services Ngconde Balfour. While Zuma’s visit was a social one, Balfour’s was official, the department said in a statement.

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/ 15 January 2007

Ethnic brawl at Aussie Open

Police ejected about 150 spectators from the Australian Open on Monday after an ugly brawl broke out between Serbian and Croatian fans inside the ground. Fans wearing the national colours of the bitter Balkan rivals clashed in the Rod Laver Arena after taunting and hurling insults at each other.

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/ 15 January 2007

BAE’s secret $12m African payout

The United Kingdom’s biggest arms supplier secretly paid a -million commission into a Swiss account in a deal that led to Tanzania buying a controversial military radar system. A Tanzanian middleman has admitted that the sum was covertly moved to a Swiss account by BAE Systems, which is under investigation by the Serious Fraud Office in Britain.

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/ 15 January 2007

In what city is your Tokyo office?

Is Wales closed during the winter? Are the churches in England open at Christmas? From the confused to the frankly bizarre, British tourist centres have dealt with them all. Visit Britain, the national tourism agency, has half-a-million people a year pass through its information centres seeking advice on how to make the most of their trip.

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/ 15 January 2007

The magic of maths

Marcus du Sautoy is answering the phone and making tea while his laptop does the maths. It’s arduous maths: hours of long division, testing massive numbers for “primeness”, indivisibility by other numbers. The first person to find a 10-million-digit prime number — hugely valuable to defence and commercial security systems — will win a $100 000 prize.

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/ 15 January 2007

UN sidesteps ‘invasion’ of Somalia

When former United Nations secretary general Kofi Annan criticised the United States military invasion of Iraq as an "illegal" act, he was blasted by right-wing neo-conservatives in the US. Since history has a way of repeating itself, the international community is now faced with a parallel situation in Somalia.

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/ 15 January 2007

Not yet boomed out

Despite a four year bull market, pundits are expecting another solid year from shares. Chris Freund of Investec Asset Management says conventional wisdom is that after four consecutive years of strong growth there should be a correction. The JSE’s 40-year history shows, on average, a negative return once in every four years.

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/ 15 January 2007

The Komatipoort proposition

"They were doing a dry run for the 2010 World Cup at the Komatipoort border post with Mozambique a few weeks back. Well, actually, it was just a normal working day, but with the World Cup only about 900 days away, it is probably time to start thinking of every day as a dry run," writes Kevin Davie.

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/ 15 January 2007

The biofuel accelerator

Just less than 5% of the country’s fuel needs will be supplied by renewable biofuels by 2013 if an ambitious government draft plan is implemented. The draft biofuels industrial strategy sees the potential for a new biofuel industry to create 55 000 jobs, add 0,12% to GDP and save R3,7-billion annually on the balance of payments.