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/ 26 September 2007

Minister defends Denel boss’s R3,25m bonus

Alec Erwin, the Minister of Public Enterprises, on Wednesday defended the performance bonus of the chief executive of the state-owned arms manufacturer Denel. Manie van Dyk of the Democratic Alliance asked in a parliamentary question on what basis Shaun Liebenberg received a R3,25-million bonus as part of his total package.

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/ 26 September 2007

How Zim price cuts have backfired

President Robert Mugabe’s attempts to control prices amid Zimbabwe’s worsening economic crisis have backfired and now even the black market faces shortages, a senior British diplomatic source said on Wednesday. Under Mugabe’s 27-year rule, Zimbabwe has plunged from prosperity to penury.

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/ 26 September 2007

Who will tame the Tiger at Presidents Cup?

Tiger Woods has a history of taking on the home-nation hero in singles matches at the Presidents Cup, but Canada’s Mike Weir, a captain’s choice for the Internationals, is not buying into the talk. United States captain Jack Nicklaus raised eyebrows on Tuesday by suggesting Woods should face Weir, the lowest-ranked global player.

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/ 26 September 2007

Bulls add talented youngsters to line-up

South African Under-19 stars Francois Hougaard and Stephan Dippenaar have signed a three-year contract with the Blue Bulls. Hougaard is a strong scrumhalf who attended Paul Roos Gymnasium and, according to his agent, ”a very aggressive number nine with an excellent pass and outstanding defensive capabilities”.

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/ 26 September 2007

SA makes world table-tennis history

The rising stars of international table tennis will converge on Cape Town’s Good Hope Centre from October 19 to 29 when the International Table Tennis Federation (ITTF) World Cadet Challenge and the ITTF World Junior Circuit Finals are hosted in South Africa for the first time.

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/ 26 September 2007

Absa becomes main sponsor of PSL

South African banking giant Absa is the title sponsor of the Premier Soccer League (PSL). This was announced on Wednesday at South African Breweries’ World of Beer offices in Newtown, Johannesburg. The five-year deal, worth R500-million, was concluded on Tuesday night.