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/ 25 October 2007
A trial within a trial will be held to decide on the admissibility of certain evidence in the drunken-driving case of Pretoria High Court Judge Nkola Motata. ”I’m of the view that the objection by the defence for the state to tender evidence in the manner it requests is to be sustained,” Johannesburg Magistrate’s Court magistrate Desmond Nair ruled on Thursday.
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/ 25 October 2007
There is no compelling evidence that circumstances in Zimbabwe currently pose a threat to financial stability in South Africa, the South African Reserve Bank (SARB) said on Thursday. Releasing the <i>Financial Stability Review</i>, it said that currently the potential for negative news from Zimbabwe to affect investor sentiment towards South Africa is small.
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/ 25 October 2007
All wild abalone (perlemoen) fishing will be suspended from November 1 to ensure the survival of the species, the government announced on Thursday. A social plan to address the job losses resulting from the decision has been approved, government communications head Themba Maseko said.
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/ 25 October 2007
France is trying to shed its reputation as ”Africa’s policeman” but, despite efforts to involve European partners in peacekeeping missions, there are no signs it will hang up its baton just yet. France won backing last month for an European Union force to be deployed soon in east Chad and Central African Republic, where it already has troops stationed.
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/ 25 October 2007
Ten men and a sangoma are to appear in the Westonaria Magistrate’s Court after they were arrested for the murder and armed robbery of a Jagfontein man, Gauteng police said on Thursday. The 70-year-old owner of Ashvalley Bricks and Sand was shot in the upper body while his wife and son were tied up.
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/ 25 October 2007
Burma’s detained democracy leader, Aung San Suu Kyi, is to hold surprise talks with a minister from the ruling junta today, according to sources in Burma. Residents in Rangoon, where Aung San Suu Kyi is being held under house arrest, told the Associated Press that she had left her home to meet officials.
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/ 25 October 2007
South African bank shares leapt on Thursday after reports that China’s biggest bank, Industrial and Commercial Bank of China, has agreed to buy a 20% stake in Standard Bank, in a deal reported to be worth ,5-billion. Trading in Standard Bank shares was halted ahead of the release of a statement by the bank on the outcome of negotiations.
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/ 25 October 2007
Singapore will make history when it stages the first Formula One night race next year after the sport’s governing body gave the go-ahead, the race promoter said on Thursday. Singapore GP Ltd said the Federation Internationale de L’Automobile (FIA) gave its approval for the night race through the Singapore Motor Sports Council.
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/ 25 October 2007
South Africa claimed their second sporting title within five days thanks to a 4-3 penalty shootout victory against Zambia in the Cosafa Castle Cup final on Wednesday. The success of Bafana Bafana following a goalless draw in Bloemfontein came five days after the Springboks lifted the Rugby World Cup with a 15-6 triumph over England in Paris.
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/ 25 October 2007
South Africa’s producer price index (PPI) rose by 9,4% year-on-year (y/y) in September, unchanged from August, Statistics South Africa data on Thursday showed. The PPI declined 0,7% on a monthly basis after August’s monthly increase of 0,7%. PPI was at 9% y/y a year ago.