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/ 28 February 2008

Inflation surge boosts rate-hike chances

South Africa’s consumer inflation, which jumped unexpectedly in January, raised the risk of further monetary tightening despite worries over slowing economic growth. Statistics South Africa said on Wednesday that targeted CPIX (consumer inflation less mortgage costs) stood at 8,8% year-on-year in January compared with 8,6% in December.

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/ 28 February 2008

McCain, Obama tangle over Iraq pull-out

Republican John McCain and Democrat Barack Obama faced off on Wednesday in a possible prelude to a United States presidential election battle, tangling over whether Iraq would be prey for al-Qaeda if US troops are withdrawn. McCain, who has linked his candidacy to a successful outcome in Iraq, attacked Obama’s stance on the war.

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/ 28 February 2008

UN highlights ‘evils of child abuse’ in Zim

Child rape has increased by 42% in Zimbabwe, the United Nations Children’s Fund (Unicef) said on Wednesday, linking worsening child abuse and domestic violence to family tensions caused by the nation’s economic meltdown. Unicef launched a new ”Stand Up and Speak Out” campaign to fight what it called the ”staggering statistics on the unspeakable evils of child abuse”.

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/ 28 February 2008

McCain, the old warrior

Senator John McCain — who has just about secured his party’s presidential nomination after fellow hopeful and former Massachusetts Governor Mitt Romney dropped out of the race — doesn’t believe his age should be a campaign issue. "I am 71 and I said I would out-campaign my opponents. I have out-campaigned them," he told me in a recent interview.

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/ 28 February 2008

Power purge

Last week the <i>Mail & Guardian</i> reported that the South African Communist Party planned to axe two senior Cape Town members for daring to criticise undemocratic practices at the party’s congress last year and suggesting that it is obsessed with "individuals" (read Zuma) to the detriment of its professed role as the party of the working class.

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/ 28 February 2008

Cosatu: More heads to roll?

At least three other senior leaders from major Cosatu affiliates face the axe in what is widely seen as a move by the federation’s leaders to purge elements considered supporters of President Thabo Mbeki. This week Cosatu’s central executive committee (CEC) decided to axe Willie Madisha as Cosatu president for “bringing the federation into disrepute”.

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/ 28 February 2008

Johannesburg valuation roll open for objections

The Johannesburg’ city council’s new provisional general valuation roll is now open for formal objections, executive mayor Amos Masondo said in his state of the city address in Braamfontein on Thursday. The roll contains 784 324 entries — 156 499 of them individual sectional-title units, and was completed in December.