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/ 7 January 2008

Keep Kenya lessons in mind, Zille tells ANC

The African National Congress (ANC) needs to assure South Africans it will not follow the path that has led to chaos in Kenya, Democratic Alliance leader Helen Zille said on Monday. ”Events in Kenya have shown us how quickly a combination of cronyism, populism and ethnic mobilisation can destroy a country’s democratic prospects,” she said.

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/ 7 January 2008

South Korea warehouse blaze kills 30

At least 30 people were killed on Monday and 10 others missing, feared dead, following a fierce blaze in a South Korean refrigerated warehouse, firefighters said. About 200 firefighters were sent into the basement of the two-storey building in Icheon, 80km south of Seoul, after the fire was put out, and recovered 30 bodies.

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/ 7 January 2008

Minister: Don’t blame me over Selebi delay

Minister of Justice and Constitutional Development Brigitte Mabandla on Monday rejected as ”untrue” reports that she had delayed the National Prosecuting Authority’s (NPA) decision on whether or not to charge police National Commissioner Jackie Selebi. The NPA ”does not have to get any permission from the minister”, said Mabandla’s spokesperson.

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/ 7 January 2008

Govt set to meet budgeted surplus

November’s government revenue and expenditure figures suggest that the National Treasury is still on track to meet the budgeted surplus for the current fiscal year, with only the last quarter remaining, according to independent analysts. The Treasury recorded a fiscal deficit for November of R4,6-billion.

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/ 7 January 2008

Ratings agency launches global eco index

Ratings agency Standard & Poor’s on Monday announced the launch of a new investable index for investors seeking exposure to environmentally responsible investment strategies. The index provides diversified, liquid exposure to 30 of the largest publicly listed companies operating in ecology-related industries.