Staff Reporter
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/ 12 July 2006

The invisible media baron

There are low-profile people, but Terry Moolman is a no-profile person. His lack of profile is surprising, though, given the fact that he is one of the country’s leading media barons. Moolman is in the news because it is speculated that he, in alliance with oligarchs Cyril Ramaphosa, Patrice Motsepe and Tokyo Sexwale, is mounting a takeover bid of Johncom.

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/ 12 July 2006

Islamic banking goes mainstream

Most people purchase a home or a car on credit as these are big-ticket items that are difficult to save for in advance. Yet for many Muslim South Africans, the traditional method of accessing credit goes against their fundamental belief system. Muslims cannot pay or receive interest, yet this is the basis of banking systems throughout the world, says Edi Patel, CEO of Islamic Finance.

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/ 12 July 2006

Credit record shock

I recently wrote an article about the importance of checking your credit record. Taking my own advice, I applied through Credit Health to receive my credit records from both TransUnion ITC and Experian. To my surprise, I discovered that one of the records showed a listing from Standard Bank.

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/ 11 July 2006

SA outraged at Indian train blasts

South Africa has expressed outrage at the series of bomb blasts that killed at least 163 people and wounded 464 more on the rail network in Mumbai, India, on Tuesday. ”We express our confidence that the Indian authorities will ensure that those responsible will face the consequences of their own actions,” President Thabo Mbeki said.

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/ 11 July 2006

Mumbai reels after deadly train blasts

Seven explosions ripped through commuter trains and stations during evening rush hour in India’s financial capital, Mumbai, on Tuesday, killing at least 163 people and wounding 464 in an attack blamed on terrorists. Ambulances raced to hospitals with what seemed to be an endless number of the injured and the dead.

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/ 11 July 2006

Spain, US condemn ‘horrific’ Indian blasts

New York reinforced security on the city’s vast public transit network on Tuesday in response to deadly bomb attacks on commuter trains in India’s financial capital, Mumbai, as United States officials condemned the "horrific" blasts. Spanish Prime Minister Jose Luis Rodriguez Zapatero expressed his "profound sadness" to his Indian counterpart.