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/ 25 October 2007
There is no compelling evidence that circumstances in Zimbabwe currently pose a threat to financial stability in South Africa, the South African Reserve Bank (SARB) said on Thursday. Releasing the <i>Financial Stability Review</i>, it said that currently the potential for negative news from Zimbabwe to affect investor sentiment towards South Africa is small.
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/ 25 October 2007
Burma’s detained democracy leader, Aung San Suu Kyi, is to hold surprise talks with a minister from the ruling junta today, according to sources in Burma. Residents in Rangoon, where Aung San Suu Kyi is being held under house arrest, told the Associated Press that she had left her home to meet officials.
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/ 25 October 2007
Ten men and a sangoma are to appear in the Westonaria Magistrate’s Court after they were arrested for the murder and armed robbery of a Jagfontein man, Gauteng police said on Thursday. The 70-year-old owner of Ashvalley Bricks and Sand was shot in the upper body while his wife and son were tied up.
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/ 25 October 2007
South African bank shares leapt on Thursday after reports that China’s biggest bank, Industrial and Commercial Bank of China, has agreed to buy a 20% stake in Standard Bank, in a deal reported to be worth ,5-billion. Trading in Standard Bank shares was halted ahead of the release of a statement by the bank on the outcome of negotiations.
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/ 25 October 2007
South Africa claimed their second sporting title within five days thanks to a 4-3 penalty shootout victory against Zambia in the Cosafa Castle Cup final on Wednesday. The success of Bafana Bafana following a goalless draw in Bloemfontein came five days after the Springboks lifted the Rugby World Cup with a 15-6 triumph over England in Paris.
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/ 25 October 2007
South Africa’s producer price index (PPI) rose by 9,4% year-on-year (y/y) in September, unchanged from August, Statistics South Africa data on Thursday showed. The PPI declined 0,7% on a monthly basis after August’s monthly increase of 0,7%. PPI was at 9% y/y a year ago.
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/ 25 October 2007
An advertising campaign to counter discrimination against gays has stirred up passions in Italy, using a poster that shows a newborn with the word ”homosexual” written on his wristband. ”Sexual orientation is not a choice,” reads the slogan on the poster that was going up all across the central-northern Tuscany region.
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/ 25 October 2007
Israeli officials prepared a plan on Wednesday to cut power supplies to the Gaza Strip amid violence that killed two Palestinian boys after a rocket salvo damaged an apartment building in the Jewish state. The United Nations has told Israel it must not inflict collective punishment by cutting vital supplies and services.
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/ 25 October 2007
Minister of Sport and Recreation Makhenkhesi Stofile has said South Africans would be given an opportunity to take part in a national debate regarding the Springbok emblem. He said the debate would not only focus on the Springbok emblem, but would include all the other sports emblems in the country.
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/ 25 October 2007
Zimbabwean President Robert Mugabe cannot be excluded from the European Union-Africa summit just because he is a dictator, or others must be barred too, EU Development Commissioner Louis Michel said on Wednesday. ”We don’t … have the right to say to our African friends ‘you can invite anyone you like except him’,” he said.