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/ 12 November 2007
Mail & Guardian publisher Trevor Ncube has scotched rumours that Tokyo Sexwale’s Mvelaphanda Group is planning to buy a 30% stake in the newspaper. Ncube said that the company was in talks with a number of people, but at this stage, a deal was not on the cards.
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/ 12 November 2007
About three million South African have diabetes and an estimated three million people living with diabetes remain undiagnosed, the International Diabetes Foundation said on Monday. Recently released figures also show that diabetes currently affects 246-million people globally and is expected to affect 380-million people by 2025.
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/ 12 November 2007
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Democratic Alliance leader Helen Zille should focus on her own party rather than concern herself with the African National Congress’s (ANC) business, Deputy Defence Minister Mluleki George said on Monday. He called Zille’s proposal to postpone the ANC conference in December ”ridiculous”.
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/ 12 November 2007
The world’s biggest resources group, BHP Billiton, on Monday piled pressure on Rio Tinto to take another look at its proposed $153-billion all-scrip merger by pitching the benefits of the merger to analysts and shareholders. Marius Kloppers, CEO of BHP Billiton, said the combination would unlock value that is otherwise unavailable.
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/ 12 November 2007
There is potential for the rand to tend to be weaker due to the current-account deficit, but more than anything the currency’s fortunes will depend on the strength of the global economy, according to Dr Azar Jammine, director and chief economist of Econometrix.
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/ 12 November 2007
South African captain Graeme Smith laid into the state of the country’s pitches after his team surged to a record win over New Zealand in the first Test on Sunday. South Africa won by 358 runs after lunch on the fourth day to take a 1-0 lead in the two-match series.
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/ 12 November 2007
South African fixed and wireless broadband connections are expected to reach more than 3,3-million subscribers over the period 2007 to 2012, according to a report by ICT market research group BMI-TechKnowledge. It says the increase in connections represents a compound annual growth rate of 33% from this year until 2012.
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/ 12 November 2007
South African grocer and retailer Pick ‘n Pay is to spend R110-million to change its brand identity and introduce and repackage most of its product lines, it said on Monday. However, the name "Pick ‘n Pay" will remain unchanged. The company will also launch a new customer magazine, <i>Fresh Living</i>.
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/ 12 November 2007
The JSE started to show a slight turnaround on Monday as a renewed announcement by BHP Billiton added some buying interest among resource stocks. By midday, the JSE’s all-share index lifted 0,3% as resources collected 0,79%. However, the gold and platinum mining indices pulled back 0,91% and 1,4% respectively.
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/ 12 November 2007
Justin Henin finished the toughest season of her career with one of her toughest victories at the WTA tennis championship. That’s exactly how she would have scripted it. Henin rallied to beat Maria Sharapova 5-7, 7-5, 6-3 on Sunday in the longest three-set final in the tournament’s history.