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/ 10 September 2007
Views expressed in the media that the African National Congress’s (ANC) upcoming national conference was nothing more than a ”power struggle” also came in part from within the organisation, its secretary general said on Monday. ”We know that the media also speaks to members of the ANC from time to time,” Kgalema Motlanthe said
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/ 10 September 2007
The Democratic Alliance (DA) had a ”lively” exchange of views with National Assembly speaker Baleka Mbete on Monday in a meeting held to discuss her suspension of DA MP Mike Waters. The meeting was also aimed at discussing Mbete’s ruling as out of order a question, asked by Waters, about Health Minister Manto Tshabalala-Msimang’s theft conviction.
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/ 10 September 2007
Despite daunting challenges posed by global warming, water, energy, unemployment and terrorism, the world faces a brighter future with fewer wars, higher life expectancy and improved literacy, according to the 2007 <i>State of the Future</i> report released on Monday. It noted that the number of African conflicts fell from a peak of 16 in 2002 to five in 2005.
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/ 10 September 2007
A wine glass with an imprinted logo of the famous painted Soweto power station was handed to me at the door of the Standard Bank Soweto Wine Festival on the weekend. As I walked into the hall, I found that there were a lot of people like me, people who didn’t’ know much about wine and wanted to learn.
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/ 10 September 2007
Cape Town city councillor Badhi Chaaban said on Monday he is a member of both the African Muslim Party (AMP) and the newly formed National People’s Party (NPP), as both allow dual membership. But he has asked the AMP leadership for permission to formally cross to the NPP, taking his council seat with him.
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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
"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
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
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.