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/ 10 September 2007
More than 50 000 South African vehicle-component workers are set to go on indefinite strike on Wednesday after a breakdown in wage talks, the main metalworkers’ union said on Monday. Mziwakhe Hlangani, spokesperson for the National Union of Metalworkers of South Africa, said in a statement the strike would affect automotive-component suppliers.
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/ 10 September 2007
European stocks fell by midday on Monday in a choppy session as gains in commodity stocks were overshadowed by mounting concern that the United States economy could be headed for recession after Friday’s dismal jobs report. Oil and gas shares were the top performers on the broader European market in spite of a fall in crude oil futures.
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/ 10 September 2007
Your will should be adjusted when there are changes in your personal circumstances. You also need to make sure your intentions are clear, because you aren’t going to be around to clarify them. We provide practical tips for when you are drafting your will, and say what not to include in it.
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/ 10 September 2007
In the next year, mortgage borrowers could see R15-billion disappear into the black hole of interest payments. While headlines have been focused on market movements, it is really the interest-rate hikes that have a far bigger effect on the financial well-being of South Africans.
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/ 10 September 2007
"I have never invested on the stock market, but would like to do it now and I am very interested in Satrix. Do you think it would be worthwhile to invest a lump sum of R2 000 now and later a lump sum of R1 000, whenever I can afford it, say every three months?" We answer your investment questions.
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/ 10 September 2007
AltX has performed spectacularly in the past year with a return of 107%. The AltX index has performed much better than the Fledglings and Small Cap indices, which are up 42,8% and 46,4% respectively for the past 12 months. All the small cap guys have beaten the pants off the JSE Top 40, which is up 23,4%.
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/ 10 September 2007
Travellers’ cheques could be your cheapest option when going overseas, especially in the United States, but are not always the most convenient currency choice. Thanks to the National Credit Act, banks are now required to disclose the full fees charged on a transaction, which highlights the cost of credit card transactions.
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/ 10 September 2007
Iraq’s embattled Prime Minister Nuri al-Maliki gave an upbeat assessment of the situation in his country on Monday, saying civil war had been prevented and boasting that violence had dropped 75% in the restive provinces of Baghdad and Anbar.
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/ 10 September 2007
Men are five times more likely to commit suicide than women, the South African Depression and Anxiety Group said on Monday, World Suicide Day. The World Health Organisation (WHO), meanwhile, estimates that on average almost 3 000 people commit suicide every day.
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/ 10 September 2007
The ruling party in Zimbabwe has agreed to enforce age limits for its powerful youth wing in what analysts say may be a move to rein in over-ambitious leaders embroiled in the Zanu-PF’s messy succession debate, it emerged on Monday. Leaders of Zanu-PF’s youth wing must now not be older than 30 years, according to a report in Herald newspaper.