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/ 12 October 2006
Notwithstanding a slightly firmer rand, the JSE was marginally firmer in quiet, sideways trade at noon on Thursday ahead of the Reserve Bank’s Monetary Policy Committee (MPC) interest rates decision due shortly after 3pm. Dealers said that until the MPC announcement, there was likely to be little movement in the market.
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/ 12 October 2006
South Africa skipper Graeme Smith said England’s success in their Ashes defence starting in Australia next month will depend on how they cope with the aggressive home crowds. The SA team complained racial taunts during their tour of Australia at the turn of the year that prompted the International Cricket Council to introduce a new code of conduct on racism and strict measures for spectators.
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/ 12 October 2006
If South Africa is to achieve the 6% Gross Domestic Product (GDP) growth as envisaged in the government’s economic plan, the gross national savings rate as a percentage of GDP needs to increase from the current 13% to 25%, says Paul Hanratty, managing director of Old Mutual.
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/ 12 October 2006
North Korea’s declared nuclear test has blown the chances of a relaxing round of golf for South Korea’s military, officials said on Thursday. Officers and troops were ordered to stay off the links after Monday’s declared test. "The virtual ban on golfing is effective at all military golf courses across the country," a defence ministry spokesman said.
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/ 12 October 2006
South African opener Herschelle Gibbs will not earn an automatic let-off after questioning on Thursday in the Indian capital over a match-fixing and betting scandal, police warned. ”If it is established that he did it, we cannot say he will be let off,” additional police commissioner Deependra Pathak said as the interrogation started.
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/ 12 October 2006
South African Communist Party (SACP) leader Blade Nzimande was reluctant to hand President Thabo Mbeki an award for his contribution to the struggle, media reports said on Thursday. The SACP in Gauteng wanted Nzimande to present the award at a fundraising dinner in Johannesburg on Saturday, following acrimonious exchanges between the two men.
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/ 12 October 2006
A jury in Florida has awarded a woman ,3-million in costs and damages after a former acquaintance accused her of being a crook, a con artist and a fraudster on an internet talkboard. The award, believed to be the largest verdict of it sort relating to individual postings on bulletin boards or blogs, was handed down by a jury in Broward County, Florida, against a woman from Louisiana.
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/ 12 October 2006
Libya could become the first country to provide every school-age child with a laptop computer and internet connection under a scheme supported by the United Nations Development Programme. In a -million deal with One Laptop Per Child, a United States non-profit group, Libya will acquire 1,2-million computers with internet connectivity.
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/ 12 October 2006
Experts believe the light aircraft that crashed in the southern Drakensberg should not have been flying at all, media reports said on Thursday. The pilot, Raymond Gleimus, his mother Yvonne Smith and a passenger, Johan Nel, were found dead in the mountains after their aircraft crashed near Underberg, KwaZulu-Natal.
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/ 12 October 2006
Resort tycoon Howard ”Butch” Kerzner was killed along with three others when the helicopter in which they were traveling crashed into a building on the Dominican Republic’s north coast, an aviation official said. The helicopter carrying Kerzner, chief executive officer of Kerzner International, went down at 2.15pm (6.15pm GMT) on Wednesday in the popular tourist resort of Sosua.