Staff Reporter
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/ 14 August 1998

On top of the trade

Exclusive Books recently bought rival chain Facts & Fiction. Shaun de Waal asks Exclusive Books MD Fred Withers what the implications are Exclusive Books and its owners, Mega,recently bought Facts &Fiction, your main rival in Gauteng, the province which accounts for the majority of South Africa’s booksales. Will you be closing any of the Facts […]

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/ 14 August 1998

Jewels in the rebel crown

The European Union is trying to block the diamond smuggling route from Angola. Violence won’t be far behind. Dan Atkinson in Antwerp, Alex Duval Smith in Johannesburg and Owen Bowcott investigate It was an unpromising start to Europe’s tough new policy on diamond smuggling. Yards from Antwerp’s grand railway station, an African in traditional dress […]

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/ 14 August 1998

`The ANC abandoned me’

Wally Mbhele A former African National Congress member who was convicted in 1988 of the gruesome murder of four women considers himself abandoned by his party. Of the six people convicted in the case, four – including the ringleader – were given political amnesty in 1991. Another, Absalom Kobela, was released on parole last year. […]

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/ 14 August 1998

A breach of development trust

Stuart Hess Three employees of the Independent Development Trust (IDT) brokered more than R200 000 worth of business deals for their own company while in the employ of the organisation. This emerged in a Cape High Court application by Bonile Jack, Agnes Nyamande-Pitso and Baby Mogane- Ramahotswa, who are suing the IDT for more than […]

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/ 14 August 1998

Grinning and bearing

the bears Donna Block Fasten your seat belts, we’re in for a bumpy ride. The market chaos we have been witnessing this week is the result of Japan’s dithering with its economic policy. Japan, which not so long ago was the economic envy of the Western world, has plunged into recession and its economy is […]

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/ 14 August 1998

Is computer revolution new

oppression? There are people who would have us believe that our computers could destroy the planet – not by taking control of the nuclear arsenals or enslaving humanity, but by sapping our resources and literally polluting us to death. They may be right. I came across some shocking estimates in a bulletin produced by a […]

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/ 14 August 1998

The wealth worshippers

wealth Angella Johnson VIEW FROM A BROAD Is there a group of people more irritating, self-righteous and unnaturally enthusiastic than a bunch of sales folk trying to punt their wares? Well, imagine being trapped in a hall heaving with them. Not a great way to spend a Sunday, but who can ignore the lure of […]

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/ 14 August 1998

SA A thrash Lankans

OWN CORRESPONDENT, Johannesburg | Thursday 9.45PM. SOUTH Africa A have won the first match of their unofficial limited-overs series against Sri Lanka A at the Uyanwatte Stadium. Man of the match, Derek Crookes scored 95 not out and was involved in several important partnerships as South Africa A scored 209/5 in reply to Sri Lanka’s […]

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/ 14 August 1998

Executive Outcomes denies involvement in Angola

OWN CORRESPONDENT in Johannesburg | Friday 9.15pm. MERCENARY outfit Executive Outcomes on Friday denied that any of its members is playing a hand in renewed fighting in Angola. Responding to recent media reports, EO managing director Nic van den Berg said: “I declare that EO is not involved in Angola and has not been since […]

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/ 14 August 1998

Is there a bear on Buffett’s farm?

Robert D Hershey Jr If actions speak louder than words, the person many consider the United States’s most astute stock-market investor seems to be whispering “sell”. While Warren E Buffett, the decabillionaire “Oracle of Omaha”, has always argued that market drops provide chances to scoop up bargains, his proposed acquisition of General Re, the US’s […]