Staff Reporter
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/ 15 May 2008

Power emergency office to be established

A national electricity emergency programme management office (PMO) will be established immediately, government spokesperson Themba Maseko said on Thursday. The office would be responsible for coordinating all efforts to deal with an emergency, Maseko said at a media briefing following Cabinet’s regular meeting on Wednesday.

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/ 15 May 2008

IMF chief says worst of financial crisis is over

The worst of the financial-sector crisis is over, although the impact on the broader economy will likely drag on in coming months, International Monetary Fund (IMF) managing director Dominique Strauss-Kahn said on Thursday. "There are good reasons to believe that the largest part of disclosure in financial institutions has been done," he said.

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/ 15 May 2008

Mpofu: Presidency orchestrated my suspension

The presidency orchestrated South African Broadcasting Corporation CEO Dali Mpofu’s suspension, his lawyers claimed on Thursday. Mpofu is challenging his suspension in the Johannesburg High Court. Mpofu said board chairperson Kanyi Mkhonza was acting on an instruction to ”get rid of the CEO” issued by the Minister in the Presidency, Essop Pahad.

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/ 15 May 2008

Task team to probe xenophobic attacks

A special task team will investigate the cause of the recent xenophobic attacks in Alexandra and elsewhere in the country, government spokesperson Themba Maseko said on Thursday. The team will make recommendations about steps required to prevent a recurrence of this ”negative tendency”, he told a media briefing.

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/ 15 May 2008

Political parties unite behind Scorpions

The African Christian Democratic Party, Democratic Alliance, Independent Democrats and United Democratic Movement have filed a joint submission in the Pretoria High Court as a friend of the court in support of Hugh Glenister’s bid to stop the disbanding of the Scorpions, the parties said on Thursday.

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/ 15 May 2008

SA loses ground in global ratings

South Africa has drifted closer to the bottom of a global-competitiveness index for 55 countries this year, hit by skills shortages, unemployment and weak infrastructure, where it ranked last, Business Day reported on Thursday. South Africa’s rating slipped to 53 from 50 last year — beating just Ukraine and Venezuela.