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/ 10 August 2007

World markets sent tumbling

The FTSE 100 plunged more than 190 points on Friday morning and stock markets across Europe were left reeling from a global credit crisis despite more efforts by the European Central Bank to stem the panic. The ECB had already taken its boldest steps since the 9/11 terror attacks to soothe markets with a massive injection of funds.

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/ 10 August 2007

DA calls for SADC sanctions against Zim

President Thabo Mbeki must convince his counterparts in the Southern African Development Community (SADC) that the time has arrived to impose limited sanctions against Zimbabwe, says acting Democratic Alliance leader Joe Seremane. In his party’s weekly online newsletter, he said Mbeki had to admit the talks he brokered had ”gone nowhere”.

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/ 10 August 2007

Rape protesters gather outside Jo’burg court

About a dozen protesters gathered outside the Johannesburg High Court on Friday to protest against how rape victims are treated by the law. Some protesters held placards and had their mouths taped shut, while others chained themselves to the court fence. ”Reporting rape equals being raped again in court,” read one placard.

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/ 10 August 2007

Najwa Petersen still under observation

A hearing involving murder accused Najwa Petersen was postponed in the Wynberg Regional Court on Friday as psychiatric reports to determine whether she’s mentally fit to stand trial for the murder of Taliep Petersen have not yet been completed. The South African Broadcasting Corporation reported that the widow did not appear in court on Friday.

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/ 10 August 2007

Zim raises bread price amid acute shortages

Authorities in Zimbabwe raised the official price of a loaf of bread in a bid to ease chronic shortages, state radio said on Friday. A loaf of bread will now cost Z 000, up from Z 000, the country’s Industry Ministry said in a statement read aloud on state radio. The price of some other basics has also been hiked, including salt, beef and cement.