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/ 10 September 2007

What should be in your will

Your will should be adjusted when there are changes in your personal circumstances. You also need to make sure your intentions are clear, because you aren’t going to be around to clarify them. We provide practical tips for when you are drafting your will, and say what not to include in it.

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/ 10 September 2007

Choose your forex carefully

Travellers’ cheques could be your cheapest option when going overseas, especially in the United States, but are not always the most convenient currency choice. Thanks to the National Credit Act, banks are now required to disclose the full fees charged on a transaction, which highlights the cost of credit card transactions.

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/ 10 September 2007

Tips for stocks

"I have never invested on the stock market, but would like to do it now and I am very interested in Satrix. Do you think it would be worthwhile to invest a lump sum of R2 000 now and later a lump sum of R1 000, whenever I can afford it, say every three months?" We answer your investment questions.

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/ 10 September 2007

AltX has a bumper year

AltX has performed spectacularly in the past year with a return of 107%. The AltX index has performed much better than the Fledglings and Small Cap indices, which are up 42,8% and 46,4% respectively for the past 12 months. All the small cap guys have beaten the pants off the JSE Top 40, which is up 23,4%.

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/ 10 September 2007

Zim ruling party sets age limit for youth wing

The ruling party in Zimbabwe has agreed to enforce age limits for its powerful youth wing in what analysts say may be a move to rein in over-ambitious leaders embroiled in the Zanu-PF’s messy succession debate, it emerged on Monday. Leaders of Zanu-PF’s youth wing must now not be older than 30 years, according to a report in Herald newspaper.

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/ 10 September 2007

Miners continue to keep JSE positive

The JSE continued to hold on to its earlier gains by noon on Monday as miners gained speed after a rally in the gold and platinum price. Shortly before midday, the rand was bid at 7,19 to the United States dollar from 7,25 when the JSE closed on Friday, while gold was quoted at $703,75 a troy ounce from $703 at the JSE’s last close.

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/ 10 September 2007

Somali opposition vows to defeat Ethiopia

Somalia’s opposition leaders predicted on Monday that a further surge in an Islamist-led insurgency in the capital, Mogadishu, could defeat Ethiopian troops supporting the government there within two months. "The liberation forces are gaining strength day after day," said Zakariya Mahamud Abdi, spokesperson of a congress in Eritrea’s capital, Asmara.