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/ 2 January 2008

Still no word on whether Selebi has case to answer

The public were on Wednesday still being kept in the dark over the fate of South Africa’s police National Commissioner, Jackie Selebi. The National Prosecuting Authority said it had made a decision on whether or not Selebi ”had a case to answer”. However, the decision would not be made public until it was studied by the minister of justice and constitutional development.

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/ 2 January 2008

Mozambique homes isolated by rising water levels

At least 1 000 families have had no communication with the outside world since last Thursday after their homes became isolated by rising water levels in the flood-hit province of Mozambican Manica, state radio reported on Wednesday. Manica provincial governor Maurice Viera said that intense rains had resulted in the displacement of more than 900 families.

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/ 2 January 2008

Gunmen kill US official in Sudan

Gunmen killed a United States government aid agency official and his driver in Khartoum on Tuesday, US and Sudanese officials said. The unknown assailants opened fire as the official from the US Agency for International Development was heading home in an embassy vehicle shortly after midnight on New Year’s Day, diplomatic sources said.

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/ 2 January 2008

JSE extends gains, volumes thin

South African stocks were sharply higher at noon on the first trading day of 2008, but volumes remained low as most traders are still on their festive-season break. By noon on the JSE, the all-share index was 1,05% higher. Resources added 1,24%, the platinum-mining index was up 1,88% but the gold-mining index was flat.

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/ 2 January 2008

Oil bounces above $96

Oil rose above on Wednesday, bolstered by expectations United States government data would show crude stocks falling for the seventh consecutive week, and as fresh violence in major oil exporter Nigeria revived supply concerns. US light crude for February delivery rose 46 cents to ,44 a barrel by 7.08am GMT, while London Brent crude rose 48 cents to ,33 a barrel.

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/ 2 January 2008

Fears that Kenya chaos could halt economic boom

The bitter dispute over the Kenyan presidency could have long-lasting economic repercussions, observers warn, fearing that financial turmoil could quickly derail an, until now, booming economy. Considered an investor-friendly haven of relative stability on its way to becoming an ”African Tiger”, Kenya is experiencing its worst political unrest in 25 years.

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/ 2 January 2008

Symonds century puts Aussies on top

Andrew Symonds smashed a breathtaking century in a record partnership with Brad Hogg to put Australia in control of the second Test against India on Wednesday. The powerful all-rounder demolished India’s bowling attack with an unbeaten 137 after Hogg made a vital 79 to steer Australia out of danger to 376-7 at stumps on the first day.