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/ 21 June 2007

Zambia cops crack down on protesting students

Riot police in Zambia arrested 49 students from the country’s biggest university in Lusaka who attempted to stage street protests against poor sanitation at their campus, police said on Thursday. ”Police arrested 15 female students and 34 males from the University of Zambia,” police spokesperson Chrispin Kapela said.

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/ 21 June 2007

Court to rule on police joining strike

The Labour Court was expected to rule on Thursday on whether police, prisons and traffic officers could join a three-week public-sector strike. The Labour Court issued an interim interdict last Friday prohibiting members of the Police and Prisons Civil Rights Union from taking part in the industrial action.

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/ 21 June 2007

SA current account deficit narrows

South Africa’s current account deficit narrowed to 7% of gross domestic product in the first quarter as lower oil imports offset a fall in mine exports to narrow the trade deficit, the central bank said on Thursday. The shortfall compared with a 7,8% deficit in the fourth quarter of 2006 and 5,7% in the third quarter.

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/ 21 June 2007

JSE higher on futures close-out

The JSE was higher at noon on Thursday, shrugging off a negative tone on overseas markets as investors piled in ahead of a futures close-out later in the day. However, traders said the local bourse was expected to follow overseas markets weaker after the close-out, which started at 12pm.