Staff Reporter
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/ 7 May 2008

Ramos joins SABMiller board

SABMiller announced on Wednesday that Transnet head Maria Ramos has joined their board as an independent non-executive director. "During her career, Ms Ramos has won a multitude of accolades, including being named as South Africa’s Businesswoman of the Year in 2001, and <i>Sunday Times</i> Business Leader of the Year 2005," said SABMiller.

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/ 7 May 2008

Gates plays down prospects of fresh Yahoo! bid

Microsoft chairperson Bill Gates on Wednesday played down the chances of a fresh takeover bid for Yahoo!, saying the United States software giant would focus on an independent strategy. "We put a lot of effort into talking to Yahoo! and the conclusion was reached that we should pursue our own independent path," he told reporters during a visit to Tokyo.

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/ 7 May 2008

Grant revels in Chelsea’s revival

Avram Grant believes Chelsea were a fading force before he took over and led his team to within touching distance of a Premier League and Champions League double. When Grant replaced Jose Mourinho as Chelsea manager in September, the Israeli claims he found a club in danger of imploding.

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/ 7 May 2008

Thieves hit Mbeki’s residence

Over the long weekend burglars climbed into the roof of President Thabo Mbeki’s official residence Mahlambandlovu on the Bryntirion Estate in Government Avenue in Pretoria and stole between R20 000 and R30 000 worth of aluminium. The contractors — who were supposed to install the aluminium cables — left the premises on Tuesday because it was deemed unsafe.

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/ 7 May 2008

US lawmakers debate Bill to remove stigma of ANC

Lawmakers on Tuesday debated legislation to remove former South African president Nelson Mandela and the African National Congress (ANC) from an apartheid-era United States terrorist blacklist. Barbara Lee, a California Democrat, recalled that ANC members could travel to United Nations headquarters in New York but not to Washington DC or other parts of the United States.

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/ 7 May 2008

PPC earnings up 16%

Cement maker PPC increased first-half headline earnings per share by 16% as infrastructure and affordable housing projects drove cement demand, the company said on Wednesday. PPC reported headline EPS of 126 cents and a 9% increase in operating profit to R1,077-billion.

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/ 7 May 2008

Obama wins North Carolina

Hillary Clinton’s hopes of winning the race for the Democratic nomination for president are dwindling after she failed on Wednesday to close the gap on Barack Obama in two key primaries. She won the Indiana primary but saw that outweighed by his win in North Carolina.