Staff Reporter
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/ 19 November 2007

JSE weaker in line with European markets

The JSE was weaker at midday on Monday, erasing earlier gains following a similar trend in European markets on early indications that Wall Street was likely to open lower. At noon, the all-share index was down 0,69%. Resources fell 1,75% while the gold- and platinum-mining indices gave up 0,46% and 1,81% respectively.

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/ 19 November 2007

Hollywood takes action hero Jesus to India

Hollywood is to fill in the Bible’s ”missing years” with a story about Jesus as a wandering mystic who travelled across India, living in Buddhist monasteries and speaking out against the iniquities of the country’s caste system. Film producers have delved deep into revisionist scholarship to piece together what they say was Jesus’s life between the ages of 13 and 30.

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/ 19 November 2007

SA surge into third place in Test table

South Africa’s comprehensive clean sweep of its two-match series against New Zealand has lifted it to third position in the latest LG ICC Test championship table. Graeme Smith’s side, which won Tests in Johannesburg (358 runs) and Centurion (an innings and 59 runs) collected four rating points for its efforts.

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/ 19 November 2007

Netcare full-year headline earnings up 27%

Netcare, Africa’s largest private hospital group, increased full-year adjusted headline earnings per share by 27% to 61,8 cents and said on Monday it expected strong growth in its sector to continue. Netcare said total revenue from its South African and United Kingdom operations rose 66,8% to R18,61-billion for the year to end-September.

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/ 19 November 2007

Zim govt seeks 25% stake in mining firms

President Robert Mugabe’s government published a draft Bill on Monday forcing mining firms to transfer majority shareholdings to local owners, including giving the Zimbabwe government a free 25% stake. The Mines and Minerals Amendment Bill is expected to be presented to Parliament and to be approved before the end of the year.

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/ 19 November 2007

More than 50 killed in Ukraine coal mine blast

Ukraine was on Sunday night mourning one of the deadliest mining disasters in its 16-year history as an independent country, after at least 56 people were killed in an underground explosion — with 44 still missing. Rescue teams said there was almost no hope of finding more survivors at the Donbass colliery in eastern Ukraine.