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/ 7 December 2007
South African taxpayers should brace themselves for scant relief when the Budget is announced in February next year as analysts feel Finance Minister Trevor Manuel is likely to be very cautious due to the cyclical risks underpinning the economy. Analysts also feel that the Budget needs to be better harnessed to improve effective expenditure.
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/ 7 December 2007
Pakistan’s two main opposition leaders have failed to overcome key differences preventing them forging a united front ahead of general elections in January, party officials said on Friday. Former premiers Benazir Bhutto and Nawaz Sharif will now have to meet again next week to try to hammer out an agreement, their parties said.
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/ 7 December 2007
Axed <i>Sowetan</i> sub-editor Llewellyn Kriel will on Monday appeal against the findings of the disciplinary hearing that made him the first South African fired for blogging. Kriel was dismissed when he was found to have brought the company’s name into disrepute through a blog on the <i>Mail & Guardian Online</i>’s <i>Thought Leader</i>.
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/ 7 December 2007
Somali President Abdullahi Yusuf said on Friday he was in good health after recovering from a bout of pneumonia, and laughed off a flurry of reports he was near death. ”I’m fine, I am OK,” Yusuf said in an exclusive interview from his hospital bed in Nairobi. ”I had pneumonia, but the doctors have taken it out [treated it] and I am well now,” he said.
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/ 7 December 2007
The leaders of Africa and the Europe Union (EU) gathered in Lisbon on Friday for a summit designed to forge a new era in ties, but which is in danger of being overshadowed by the presence of Zimbabwe’s Robert Mugabe. The two-day summit in the Portuguese capital is set to be dominated by issues such as trade, immigration, the environment and human rights.
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/ 7 December 2007
Renault on Thursday escaped punishment in the latest spying row to rock Formula One. The sport’s governing body, the FIA, found the French team to be in breach of regulations when they were accused of being in possession of technical data of rivals McLaren.
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/ 7 December 2007
A few friends and I collect R1 000 a month like a stokvel, but we need to invest this money instead of giving it to one person a month. We want to invest from February until November. There are five of us, so we will be putting in R5 000 a month. Please advise on how to invest this.
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/ 7 December 2007
Draw up a balance sheet of all your assets and liabilities (debt). Keep this as a record of how your finances are faring. It must include all your debt from your house to your credit card. Include the current value of your pension fund on the asset side.
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/ 7 December 2007
The end of the year is a good time to examine your finances, but this year take some time to review your domestic worker’s retirement plan. For many households domestic workers form the backbone of the support structure and it’s important to ensure they are provided for when they retire.
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/ 7 December 2007
Outgoing International Rugby Board (IRB) chairperson Syd Millar believes foreign invasions will have a damaging effect on European domestic rugby. Several World Cup stars — including All Blacks Chris Jack, Aaron Mauger, Carl Hayman and Luke McAlister, plus Springbok flyhalf Butch James — have arrived in the Premiership.