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/ 21 January 2008

Musharraf pledges free elections

Pakistani President Pervez Musharraf pledged on Monday to hold free elections as he began a four-country European trip aimed at winning international support. Musharraf’s popularity has slumped over recent months in Pakistan, which has been racked by militant attacks, and faces a parliamentary election on February 18.

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/ 21 January 2008

Scorpions’ disbanding ‘is to protect ANC’

The African National Congress (ANC) is getting rid of the Scorpions in order to protect ANC members from corruption charges, according to the leader of the Democratic Alliance, Helen Zille. Zille said on Monday that besides the seven convicted criminals on the ANC’s national executive committee (NEC), six NEC members are currently the subject of investigations.

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/ 21 January 2008

House-price growth flat in December, says bank

South African median home prices were flat in December last year after moderating to 6,5% year-on-year (y/y) in November from 10,2% y/y growth in October, the Standard Bank’s property gauge showed on Monday. In level terms, the median house price was recorded at R550 000, bringing the five-month moving average growth rate to 5,6% y/y.

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/ 21 January 2008

City got lucky, Eriksson admits

Sven-Goran Eriksson admitted Manchester City were fortunate to preserve their unbeaten home record after Darius Vassell’s controversial equaliser rescued a 1-1 draw against West Ham. City trailed to Carlton Cole’s excellent early goal at Eastlands on Sunday but Vassell was given the benefit of a debatable offside decision to level.