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/ 28 September 2007
The Governor of the South African Reserve Bank, Tito Mboweni, said on Friday that while credit problems in the United States have given the global imbalance issue some impetus, South Africa also has its own imbalance with the current-account deficit at about 6% of GDP.
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/ 28 September 2007
AltX-listed independent power producer the Ispa Group on Friday said it intends to bring its 1 600MW combined cycle gas turbine power plant in Coega on stream as fast as possible "to meet the desperate need for power in South Africa".
The United Kingdom-based company is expected to spend more than R2-billion on the plant.
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/ 28 September 2007
The retail price of 91 unleaded and 93 unleaded and lead-replacement petrol will rise by 9 cents a litre on Wednesday October 3, the Department of Minerals and Energy announced on Friday. The price of 95 unleaded and lead-replacement petrol will increase by 10 cents a litre. The wholesale price of diesel — all grades — will rise by 23 cents a litre.
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/ 28 September 2007
Twenty-eight teams and about 480 players from Europe, Iceland, Australia, South America, the United States and Canada descended on Buenos Aires last weekend for the annual Gay World Cup, the first played in Latin America. A decade-old championship, this year’s Cup combines Argentina’s love of the sport with Buenos Aires’s arrival as a top gay travel destination.
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/ 28 September 2007
Let’s not talk about Jacques Kallis, shall we? Controversies around non-selection are the most boring aspect of sporting discourse and rarely confront real problems. Besides, the batsman’s reputation is glowing thanks to his omission: by not being picked, he was saved from two-stepping Sreesanth, trying to glide a Yorker to third man, and being bowled for three.
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/ 28 September 2007
In the 1980s an unknown midfielder-cum-striker, Owen da Gama, came off the bench for Moroka Swallows to score in a 2-1 victory in the Soweto derby against Orlando Pirates. Little did he know then that he would one day be the Bucs’ head coach.
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/ 28 September 2007
The builders of Cape Town’s Green Point Stadium have admitted they are behind schedule because of several strikes by workers, but have promised to catch up soon. The admission differs markedly from the denial by Cape Town and 2010 officials, who insist all is on track.
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/ 28 September 2007
The Premier Soccer League’s (PSL) newly announced R500-million sponsorship deal with Absa and the five-year R1,6-billion broadcast deal it struck with SuperSport International confirm South Africa as one of the richest football leagues in Africa and the developing world.
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/ 28 September 2007
Avram Grant did his best to be charitable towards Jose Mourinho this week. The new Chelsea manager said that ”nobody at the club was happy” about his predecessor’s departure. He agreed that the timing last Wednesday night was inopportune and he seemed to suggest that the Portuguese had his sympathy.
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/ 28 September 2007
Kenya’s president rejected a parliamentary Bill that sought to limit probes into corruption cases after Western governments warned it marked a step backwards in the fight against graft. Kibaki had written to the speaker of Parliament outlining his reasons for rejecting the Bill and making recommendations for its amendment.