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/ 17 September 2007

Zim eyes Soccer World Cup mega-village

Cash-strapped Zimbabwe plans to build a Z-trillion (US,3-billion) games village in time for the 2010 Soccer World Cup, reports last week. The games village, to be funded by private developers, will be built on a 100ha plot near the southern city of Masvingo on the shores of scenic Lake Mutirikwi, the official Sunday Mail newspaper said.

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/ 17 September 2007

JSE sharply lower on credit fears

The JSE was sharply lower at midday on Monday as rekindled credit fears continued to spill over on to world markets. The JSE opened in negative territory and weakened further during the morning session on last week’s news that the United Kingdom’s fifth largest mortgage lender, Northern Rock, used the Bank of England as a lender of last resort.

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/ 17 September 2007

Police say they’re closing in on serial killer

Police are confident that they are close to making a breakthrough in the case of the alleged KwaZulu-Natal South Coast serial killer who has strangled five women and left their bodies scattered in a sugarcane field. Police spokesperson Zandra Hechter said a key witness in the investigation had apparently sat next to the alleged killer on a minibus taxi.

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/ 17 September 2007

Tonga’s quarterfinal dream still alive

Tiny Tonga have realised two dreams and there’s one more still to come if they can defy the odds and knock aside England for a quarterfinal spot at the Rugby World Cup. The Tongan Sea Eagles shocked their fancied Pacific Island rivals Samoa 19-15 to remain unbeaten in the tournament after knocking over United States 25-15.

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/ 17 September 2007

Sasol, Sinopec in coal-to-oil talks

South Africa’s Sasol, the world’s largest maker of oil from coal, is in talks with Chinese oil major Sinopec on coal liquefaction projects. China, the world’s top coal producer and consumer, is encouraging coal-to-liquid projects to reduce its dependence on imported oil.

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/ 17 September 2007

Musharraf plans to quit army for presidency

Pakistani President Pervez Musharraf plans to quit as army chief to become a civilian leader, removing a key objection to his proposed re-election in October. Musharraf has been holding the post of army chief since he seized power in a military coup in 1999 despite calls from the opposition to quit the dual office.