Staff Reporter
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/ 30 April 1999

Leaps and bounds

Catherine Knox at the Eastern Cape Dance Umdudo The Eastern Cape has always been an incubator bed, a crucible. A place of fecundity and foment. Last week’s FNB Dance Umdudo – five days and nights of dance in Grahamstown – was a celebration of work in progress. An unadjudicated bricolage of bodies in movement – […]

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/ 30 April 1999

Solving the great regulation debate

Shaun Harris The great regulation debate over unit trusts and similar investment products has been raised to a new level with the publication of the Collective Investment Schemes Bill, jointly drawn up by the Association of Unit Trusts (AUT) and the Financial Services Board (FSB). Like all proposed changes aimed at an established industry – […]

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/ 30 April 1999

CALL FOR NIGERIAN GENERAL STRIKE

THE Nigeria Labour Congress (NLC), the main trade unions federation, has ordered a general strike next week over payment of a new minimum wage, a press report said Thursday. NLC president Adams Oshiomhole asked private sector workers to join their colleagues in the public sector on May 6 for a general strike, the independent Nigerian […]

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/ 30 April 1999

The burning costs of quitting

David le Page Many would guess that the cheapest way to stop is to go cold turkey overnight. But in all but a rare few cases this approach is likely to take its toll in discarded friends left with their heads chewed off, kilograms gained and expanded grocery bills, chewed nails and kicked dogs. Some […]

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/ 30 April 1999

Leon campaigns with his heart and cell

Howard Barrell The Sea Point beachfront, Cape Town, 2pm, 30 degrees. A smallish figure in a baggy suit, cellphone to ear, mouth moving, strides forth along the pavement in full throttle. It’s Tony Leon, Democratic Party leader and political combatant extraordinaire. Scurrying alongside him, furiously scribbling notes, cellphone to her ear, mouth moving, is Sid, […]

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/ 30 April 1999

Alexkor needs to ‘ban the bloody birds’

THURSDAY, 2.00PM: STATE-owned diamond mine Alexkor is at loggerheads with local Northern Cape pigeon clubs to find the most palatable solution to rid the town of the birds, thought to be used in a uncut diamond smuggling racket that has reportedly cost the mine production losses of up to 20%. Alexkor’s chief executive Thian Combrink […]

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/ 30 April 1999

CHIEFS PLAYER SHOT

KAIZER Chiefs’ midfielder Lifa Gqosha is recovering in Chris Hani Baragwanath Hospital after police shot him on Tuesday night while he was allegedly trying to flee. Gqosha had been arrested for possesion of a suspected stolen vehicle and assaulting a police officer. The player’s family plan to lay charges against the police for assault. Gqosha’s […]

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/ 30 April 1999

Bond auction glitches ‘not acceptable’

THURSDAY, 2.00PM: BOND traders are gearing to confront the Reserve Bank over inefficient handling of the its bond auction, after the Bank this week released the results of the auction over an hour-and-a-half late. Investors and traders alike were thrown off balance when the Bank, held back by a computer problem, failed to release the […]

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/ 30 April 1999

DEPUTY ARMY CHIEF RETIRES

DEPUTY army chief Major-General Roland de Vries retires on Friday, according to an army statement issued on Thursday. De Vries, in the army since 1963, finished his career heading up transformation and joint training. For many years, from 1973, he led the Ratel Mechanised Infantry Combat Vehicle. Army reorganisation has made his post redundant, and […]

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/ 30 April 1999

A word from the experts

David le Page Economists are not as a rule reluctant to be quoted, but the subject of personal investment in unit trusts induces unusual reticence. This is largely due to their being advisers to the managers of those funds. The fund managers would be irked to have their doubts confirmed by their paid gurus. After […]