Staff Reporter
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/ 1 May 2008

CEO: Microsoft can do it without Yahoo!

Microsoft can build a competitive online advertising business without Yahoo! but it "could just take more time", CEO Steve Ballmer told the <i>Wall Street Journal</i> in an interview published on Friday. The comment came as analysts and industry watchers awaited an imminent announcement on Microsoft’s next move in its unresolved quest to acquire Yahoo!

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/ 1 May 2008

ANC: Power crisis a disaster-in-waiting

The current electricity crisis and the proposed huge jump in tariffs is a manifestation of a disaster-in-waiting, African National Congress (ANC) secretary general and South African Communist Party chairperson Gwede Mantashe said on Thursday. He was speaking at the May Day celebration at Curries Fountain Stadium in Durban.

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/ 1 May 2008

Centuries-old shipwreck found off Namibian coast

A hunt for diamonds along the coast of Namibia has led to the discovery of a shipwreck dating back about five centuries, with its booty of gold coins and bronze cannons still intact. A spokesperson for Namdeb, the company whose miners made the discovery last month, said the ship was believed to have been the oldest wreck to be discovered in sub-Saharan Africa.

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/ 1 May 2008

Former minister Jac Rabie dies

Former minister of population development Jac Rabie has died at the age of 69, Beeld reported on Thursday. According to Rabie’s family, his death was the result of ”protracted pain and suffering”, which he endured after he saw his wife, Sandra (47), murdered two years ago.