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/ 31 July 2007

Battle of the BEEn counters

The BEE Codes serve as a useful basis on which to benchmark the BEE efforts and initiatives of South African companies. Their strength lies in the fact that they allow everyone to make a contribution to transforming our economy. That said, their breadth often leads to difficult choices, writes Kevin Lester.

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/ 31 July 2007

In Namibia, Babylon is hell

A child plays in a stagnant pool of water beside a mongrel dog that gives out a half-hearted bark before retiring in the sun-baked dust. Take a stroll from here into Babylon, an informal settlement. The filth and decay, the lack of water and proper sanitary facilities in Babylon and other informal settlements in Namibia are a blueprint for a disaster.

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/ 31 July 2007

Nearly 12 000 Ethiopians left homeless by floods

Nearly 12 000 people have been displaced and one person has died in western Ethiopia in flash floods over the weekend, an official said on Tuesday. ”As of now, we only know that 11 886 people have been displaced and one killed from the flood that resulted from Sunday’s heavy rainfall,” Ojulu Bach, head of disaster prevention programme in the Gambela region, said.

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/ 31 July 2007

IMF: Zim inflation could hit 100 000%

The International Monetary Fund (IMF) said on Tuesday that Zimbabwe’s year-on-year inflation rate could reach over 100 000% by the end of the year. ”If recent monthly trends continue, [IMF] staff projects that year-on-year inflation could well exceed 100 000% by year-end,” Abdoulaye Bio Tchane, director of the IMF’s Africa department, said.

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/ 30 July 2007

Bush, Brown agree to boost Darfur pressure

Visiting British Prime Minister Gordon Brown said on Monday that he and United States President George Bush will ”step up” pressure to end violence in Sudan’s Darfur province, as the two leaders wrapped up talks. ”I’ve agreed with the president that we step up our pressure to end the violence that has displaced two million people,” Brown told a press conference.

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/ 30 July 2007

More than 100 petitions filed against Cameroon election

A total of 103 petitions have been filed to Cameroon’s highest court to annul results of this month’s legislative elections that handed President Paul Biya’s governing party a landslide victory, a court official said on Monday. A number of the 45 parties figuring on the election lists on July 22 had filed petitions, but most came from the main opposition parties.

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/ 30 July 2007

Diamond trade resumes in Liberia

Liberia on Monday resumed diamond trading after lifting a self-imposed ban on the gems, officials said. The embargo imposed four years ago had been in line with a United Nations ban on the country’s diamonds, blamed for fuelling a barbaric 14-year civil war in the resource-rich West African nation.