Moffet Mofokeng
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/ 16 June 2005

Zuma says ANC must ‘maintain unity’

Former deputy president Jacob Zuma pleaded with the youth on Thursday not to divide the African National Congress (ANC) by criticising President Thabo Mbeki for sacking him. ”Phansi ngo Mbeki. Phambili ngo Zuma,” [Down with Mbeki. Up with Zuma] the crowd chanted earlier as Zuma took a lap of honour around Nelspruit’s packed Matsulu stadium.

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/ 9 May 2005

Absa and Barclays: Vote on bid in June

Absa’s shareholders will vote for or against Barclays bid to buy 60% of Absa on June 13, Barclays chief executive for international retail and commercial banking, David Roberts, said on Monday. ”This is a compelling transaction. It’s good for Barclays, it’s good for Absa, it’s good for shareholders,” he said.

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/ 10 April 2005

Final hour arrives for the NNP

The New National Party will disband at midnight after the results of the upcoming local government elections are declared, the party’s federal council resolved on Saturday. It is natural that not all members will support the NNP’s decision to disband. It is their right, NNP leader Marthinus van Schalkwyk said.

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/ 3 March 2005

Truckers’ union rejects pay offer

Striking truck drivers rejected a new pay offer from the Road Freight Employers’ Association (RFEA) on Thursday, but talks are continuing. After lengthy discussions with the South African Transport and Allied Workers’ Union, the RFEA offered 7% on basic salaries — not 10% as demanded by drivers.

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/ 14 February 2005

Safa wants 10 stadia for World Cup

The South African Football Association (Safa) is planning to use 10 stadia for the 2010 Soccer World Cup instead of 13, the association’s CEO, Danny Jordaan, said on Monday. ”In the bid book, we submitted 13 venues. We are now looking at 10 venues. Fifa wants eight,” Jordaan said.

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/ 1 February 2005

Pressure is on for Pikoli to deliver

Minister of Justice and Constitutional Development Brigitte Mabandla formally introduced Vusi Pikoli, the newly appointed boss of the National Prosecuting Authority, to the institution’s staff on Tuesday, saying she expects the best from him. ”Advocate Pikoli, good wishes and I know you will deliver,” the minister told Pikoli.

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/ 11 September 2004

Mandela wishes for an ‘RDP of the soul’

Former president Nelson Mandela has complained about South Africans who want to quickly amass wealth instead of helping others develop. It was at the level of ”what we once referred to as the RDP of the soul” that the nation seemed to ”crucially fallen behind” since the attainment of democracy, he said on Friday.

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/ 20 August 2004

Mboweni: Bank was not pressured to cut repo rate

The decision to cut interest rates this month was not due to political pressure, Reserve Bank governor Tito Mboweni said on Friday. He said some people had claimed that the Reserve Bank bowed to political pressure when it reduced the repo rate — the rate at which it lends money to commercial banks — by 50 basis points to 7,5% on August 12.