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/ 8 August 2007

SA business confidence edges higher

South Africa’s business confidence inched up in July but there was no evidence that the small recovery improved producers’ mood, a survey showed on Wednesday. The South African Chamber of Business’s (Sacob) confidence index crept up to 99,6 in July from June’s 99,1, but the body said domestic economic concerns were still a concern.

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/ 8 August 2007

Zim threatens white farmers over evictions

President Robert Mugabe’s government has warned it will arrest white Zimbabwean farmers resisting evictions from new land targeted for black farmers, state media reported on Wednesday. Industry and union officials say about 600 of Zimbabwe’s 4 500 white farmers have kept their land after the sometimes violent grabs by Mugabe’s supporters.

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/ 8 August 2007

Officials suspended over prisoner escape

Eleven South African officials were suspended from office on Wednesday for allegedly helping 10 ”dangerous” inmates escape jail, officials said. ”The 11 officials of the Department of Correctional Services were suspended on Wednesday morning. They have been handed their letters of suspension,” department spokesperson Manelisi Wolela said.

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/ 8 August 2007

Liberty Group lifts headline EPS by 51,5%

South African insurer Liberty Group increased interim headline earnings per share, adjusted for the effects of a black economic empowerment (BEE) deal, by 51,5%, the company said on Wednesday. Liberty, 30% owned by Standard Bank, said BEE normalised headline EPS in the six months to end-June was 583,1 cents.

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/ 8 August 2007

Pollution intrudes on Beijing countdown party

Pollution intruded on celebrations to mark the one-year countdown to Beijing’s Olympics on Wednesday when Games chief Jacques Rogge said events might have to be rescheduled if air quality is not up to scratch. The International Olympic Committee president said he was happy with preparations but that some competitions might have to be moved.

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/ 8 August 2007

World Cup runs into apartheid name spat

Tickets for South Africa’s 2010 Soccer World Cup will bear both the apartheid-era names of cities and the new ones, reflecting the nation’s evolution while avoiding confusing visitors. South Africa’s government has been changing the names of some cities since the end of apartheid in 1994 but the new names are often not known abroad.