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/ 19 February 2008

Shoprite half-year earnings rise, but trouble ahead

South African retailer Shoprite reported a 55,1% rise in half-year headline earnings per share, as an emerging black middle class spent freely, but said it faced tougher times in the year ahead. Diluted headline earnings per share — the main profit measure in South Africa — rose to 128,4 cents, while revenue climbed 21,7% to R19,105-billion.

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/ 19 February 2008

Early birds will catch total eclipse of the moon

South Africans will be able to see a total eclipse of the moon just before sunrise on Thursday. ”South Africans out [very] early on Thursday morning are in for a treat — an eclipsed Moon with Saturn over in the west, and a line of three planets over in the east above the rising sun,” said Claire Flanagan, Planetarium director.

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/ 19 February 2008

Sangakkara century lifts Sri Lanka

The class of Kumar Sangakkara once again revived Sri Lanka after a dismal start with the bat in their crucial tri-series clash with India in Adelaide on Tuesday. The Sri Lankan cause wasn’t helped by three runs outs, two dreadfully unlucky, but Sangakkara’s polished 128 helped them recover from a disastrous six for two to make 238 for six.

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/ 19 February 2008

Delft evictions under way

Evictions have begun at the housing development in Delft illegally occupied by backyard dwellers, the Western Cape Anti-Eviction campaign said on Tuesday morning. A Cape High Court judge on Monday refused the more than 1 000 squatters leave to appeal against an earlier eviction order.

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/ 19 February 2008

Federer, Henin, Boks win Laureus Awards

Top-ranked tennis stars Roger Federer and Justine Henin received the Laureus Awards on Monday as the world’s top sportsman and woman for 2007. Federer won an unprecedented fourth Laureus, all in succession, while Henin was voted top for the first time. South Africa won the world team of the year award after going unbeaten to win the Rugby World Cup.

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/ 19 February 2008

Absa says 2007 earnings rise 19%

Absa increased full-year headline earnings per share by about 19% and played down the potential impact of a slowdown in the domestic economy. Absa said on Tuesday that headline EPS rose to R14,01 in 2007 from R11,81 while headline earnings increased to R9,413-billion from R7,872-billion.