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/ 18 February 2008

Twins celebrate 100th birthday in Jo’burg

Johannesburg twins Dora Uys and Ethel Nembula will be among the world’s oldest twins when they turn 100 on Wednesday. Dora’s daughter Joyce Uys said about 150 family members will be gathering in Riverlea next weekend to celebrate the twins’ birthday, and a church service will be held in their honour on Wednesday.

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/ 18 February 2008

Turn talk into action, ID tells Manuel

Finance Minister Trevor Manuel’s national budget on Wednesday should "turn talk into action", the Independent Democrats (ID) said on Monday. "Our economy is faced with a number of constraints, from the looming threat of a global recession … to the domestic energy crisis," ID spokesperson Schalk Lubbe said.

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/ 18 February 2008

Power is a priority in Gauteng

Saving electricity and promoting energy efficiency must be a top priority in 2008, Gauteng Premier Mbhazima Shilowa said in his State of the Province address on Monday. "The future was rosy on December 31 2007, but suddenly everyone is buying candles and researching property in Perth," Shilowa said in Johannesburg. He also discussed transport improvements planned for 2008.

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/ 18 February 2008

Wait for the sell-off, then buy bonds

The recent turmoil in financial markets has not been confined to equities. Bonds have been the worst-performing asset class for two years running, returning a dismal 4,2% in 2007. Does this mean the tide is ready to turn, that it can’t get any worse and that investors should pile back into bonds again after two really bad years?

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/ 18 February 2008

SA mulls Kosovo independence

The South African government is still deciding whether to recognise Kosovo as an independent country, Foreign Affairs Minister Nkosazana Dlamini-Zuma said on Monday. It is expected that the decision would have to be taken soon as it would again be discussed by the United Nations Security Council on Tuesday afternoon.