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/ 19 September 2007

Fifth teenager arrested for schoolboy stabbing

Another teenager has been arrested in connection with the fatal stabbing of a King Edward VII high school pupil, Johannesburg police said on Wednesday. Mfundo Ntshangase, a grade 11 pupil, was stabbed seven times at a party in Randburg on Sunday. He died in hospital while his friend, who was also stabbed, survived the incident.

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/ 19 September 2007

Confidence levels of retailers decline

The confidence levels of retailers declined during the third quarter of 2007, according to the latest Bureau for Economic Research (BER) Retail Survey. The BER’s retailer confidence index dipped from a record high of 91 index points in the second quarter of 2007 to a level of 84 during the third quarter.

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/ 19 September 2007

Spain to scare African migrants with video

Spain will try to scare off potential African migrants with television advertisements showing a young man apparently lying dead on some rocks and a mother grieving for her disappeared son. The Spanish government advertisements, which also feature Senegalese singer Youssou N’Dour, started showing on Senegalese television on Wednesday.

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/ 19 September 2007

Lehman takes $700m hit from credit crunch

The Wall Street investment bank Lehman Brothers has revealed that the global credit crunch knocked -million off its revenue over the summer as mortgage-backed securities plummeted in value. Lehman blamed an ”extremely difficult environment” in global financial markets for a 3% drop in its third-quarter profits to -billion.

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/ 19 September 2007

Call to stop ‘meaningless journalism’

"Let’s stop meaningless journalism." That was the cry from new South African press ombudsman Joe Nong Thloloe at a forum, themed Leading Conversations, held on Tuesday. Thloloe, a former South African Broadcasting Corporation and e.tv news editor-in-chief, was appointed to the position at the launch of the new Press Council of South Africa on Friday August 3.

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/ 19 September 2007

Ambitious floor-crossers out in the cold

Too much ambition might leave a politician without a seat on a council — this was the lesson that some councillors learned the hard way during the recent floor-crossing period. Figures released by the Independent Electoral Commission on Wednesday showed that 30 councillors would have no seats on individual municipal councils.

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/ 19 September 2007

Sanef, SABC meet to discuss impasse

Delegations from the South African National Editors’ Forum (Sanef) and the South African Broadcasting Corporation (SABC) met in Johannesburg on Monday. The purpose of the meeting was to discuss the contents of a letter SABC group CEO Dali Mpofu sent to Sanef on August 31, announcing that the broadcaster had broken ties with the editors’ forum.