Staff Reporter
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/ 16 April 1999

Bank probes tracker funds

Lisa Buckingham The Bank of England has begun a discreet investigation into index tracker investment funds. It is worried that the burgeoning growth of such “passive” stock market vehicles risk destabilising London’s financial markets. A team of senior executives in the bank’s financial stability unit is monitoring the issue amid growing fears that tracker funds […]

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/ 16 April 1999

The devil may care

Brett Bailey and Beezy Bailey (not related) have combined to create some (black) magic. Alex Sudheim falls under the spell `They have had to focus on their bodies being made of wood or clay or porcelain or plastic,” says Brett Bailey of the “statues” that comprise the cast of his black magic performance piece Ju-ju. […]

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/ 16 April 1999

Parents to sue state after rape

Ann Eveleth A Pretoria father is suing the government for failing to protect his three-year-old daughter who was raped by a state mental patient who wandered into their neighbourhood. The Pretoria High Court will be asked next month to decide whether the state has a constitutional duty to protect the security of its citizens. Westfort […]

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/ 16 April 1999

ID PARADE FOR ‘MERCENARIES’ HALTED

ZIMBABWEAN authorities on Wednesday postponed without explanation an identification parade for the suspected torturers of three alleged United States mercenaries, defence laywers said. The three US citizens are facing terrorism charges after arrested on March 7 in possession of arms of war in their luggage as they attempted to board a Swiss Airline to Zurich. […]

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/ 16 April 1999

Bob’s attempts at self-destruction

There are several ways to commit suicide. One is just to do it, another is to threaten it repeatedly, while a third is to mount half-hearted attempts at it. If you do the latter two often enough, people soon discount you in anticipation of your final departure. Zimbabwe seems to be alternating between the latter […]

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/ 16 April 1999

Books going cheap

Shaun de Waal Johannesburg has plenty of room for second- hand bookshops, if the recent expansion of two groups is anything to go by. Eric Nofal and Irene Koch of Books Galore are about to open a new shop – their seventh – in the Hyperama Centre in Constantia Kloof, Weltevreden Park, and Doron Locketz, […]

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/ 16 April 1999

Pizza, wine and growing money

There’s more to investment clubs than starting a stokvel. Alex Brown explains how to get your savings on the stock exchange `Give me an acorn and the passage of time and I’ll give you an oak tree.” So it is with money – but the problem is that few of us are Zen enough to […]

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/ 16 April 1999

Hoax report boosts stocks

Larry Neumeister Bloomberg, the global financial news service, has filed a lawsuit against the unidentified people who posted and promoted a bogus report last week on the Internet that boosted the value of a California company’s stock 31% before the hoax was exposed. The lawsuit will help Bloomberg learn the real identities behind the screen […]

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/ 16 April 1999

Laid in bad taste

Bafana Khumalo:BODY LANGUAGE I got laid last weekend. Why, you ask? What woman would lack so much self-respect that she would allow a man of my considerably unattractive looks and who is truly devoid of any charm to impose my brand of unspeakable depravity on her (hey, having sex with me is by definition unspeakably […]

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/ 16 April 1999

SWAZI DEATH PENALTY STANDS

KING Mswati III of Swaziland said on Thursday he will not be abolishing the death penalty, as capital punishment remains an effective deterrent to crime. Speaking in Mbabane, Mswati said serious offences such as ritual killings would soar should the death penalty be scrapped. In the meantime, he added, the harshness of the penalty will […]