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/ 18 February 2008
Saving electricity and promoting energy efficiency must be a top priority in 2008, Gauteng Premier Mbhazima Shilowa said in his State of the Province address on Monday. "The future was rosy on December 31 2007, but suddenly everyone is buying candles and researching property in Perth," Shilowa said in Johannesburg. He also discussed transport improvements planned for 2008.
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/ 18 February 2008
The recent turmoil in financial markets has not been confined to equities. Bonds have been the worst-performing asset class for two years running, returning a dismal 4,2% in 2007. Does this mean the tide is ready to turn, that it can’t get any worse and that investors should pile back into bonds again after two really bad years?
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/ 18 February 2008
A suicide bomber targeting a military convoy in Afghanistan killed 35 people in an attack near the Pakistan border on Monday. The attack, a day after more than 100 people were killed in the deadliest suicide raid since 2001, comes as some Western politicians call for a stronger resolve to stop Afghanistan sliding back into anarchy.
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/ 18 February 2008
The Fifa local organising committee (LOC) on Monday rubbished claims of divisions within the local 2010 organising body on Monday. LOC chairperson Irvin Khoza said the focus should be on the 2010 project and not his relationship with committee CEO Danny Jordaan.
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/ 18 February 2008
The South African government is still deciding whether to recognise Kosovo as an independent country, Foreign Affairs Minister Nkosazana Dlamini-Zuma said on Monday. It is expected that the decision would have to be taken soon as it would again be discussed by the United Nations Security Council on Tuesday afternoon.
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/ 18 February 2008
Société Générale, at the centre of a huge trading scandal, began investigating trades executed by Jerome Kerviel months before his activities were exposed in January, a media report said on Monday. A senior executive of Fimat began investigating at the end of September deals executed by Fimat employee Moussa Bakir for Kerviel.
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/ 18 February 2008
An intense tropical cyclone is threatening to strike already flood-hit Mozambique on Tuesday, the country’s National Meteorological Institute (Inam) said on Monday. Inam said in a statement Cyclone Ivan, a category-four storm, had strengthened over the Indian Ocean and was likely to cause damage when it reached the coast.
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/ 18 February 2008
The chance of a free and fair election in Zimbabwe is ”good” if all the agreements reached as part of the political facilitation process are implemented, Foreign Affairs Minister Nkosazana Dlamini-Zuma said on Monday. Zimbabwe is due to hold joint parliamentary and presidential elections on March 29.
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/ 18 February 2008
Finance Minister Trevor Manuel should make good on expectations of a higher age limit for the child support grant, the Black Sash said on Monday. Social Development Minister Zola Skweyiya told a media briefing last week that the grant would be extended to the age of 18 and the means test recalculated.
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/ 18 February 2008
Police in Germany are hunting scammers who tried to obtain money from widows by falsely claiming that their recently deceased husbands had secretly bought mail-order pornography. The police, in the city of Bielefeld, said false invoices had been sent to relatives of deceased men all over Germany.