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/ 14 November 2007

September retail sales growth slows to 2%

South Africa’s retail sales growth slowed to 2% year-on-year in September at constant prices, data showed, but analysts said this was likely not enough to hold off another interest rate hike in December. Retail sales growth slowed from a downwardly revised 6,6% in August, Statistics South Africa said on Wednesday.

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/ 14 November 2007

One dead, one injured in pet rescue

One man was killed and another was then seriously injured when they tried to climb a tree at night to recapture a pet cockatoo in Australia. The bird’s 72-year-old owner fell as he tried to recover the pet in the country town of Bendigo in southern Victoria state. He was taken to hospital for treatment, police said.

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/ 14 November 2007

Union to strike at all 2010 sites

The ongoing strike that has seen construction workers down tools at Durban’s Moses Mabhida Stadium could spread to other 2010 Soccer World Cup stadiums that are under construction, as well as the high-speed Gautrain. Meanwhile, about 600 striking construction workers marched to Durban’s City Hall on Wednesday.

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/ 14 November 2007

JSE extends gains on US, local news

The JSE was higher at midday on Wednesday as positive local results extended its gains from the morning session. In the morning, the JSE had opened stronger on Wall Street’s overnight rally, which created positive sentiment for overseas markets. By noon, the JSE’s all-share index had climbed 1,09%.

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/ 14 November 2007

ANC rubbishes assassination plot

An alleged assassination plot by the African National Congress (ANC) against the man behind the hoax email saga, Muziwendoda Kunene, is a ”completely conjured up story”, the ruling party said on Wednesday. The party was responding to a 702 report in which Kunene claimed that there was a plot to assassinate him.