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/ 5 June 2007

Retailers warn against petrol rush

Motorists should not put ”pressure on the pumps” ahead of Wednesday’s fuel-price hike as some filling stations may run dry, the South African Petroleum Retailers’ Association said. Spokesperson Peter Noke said Gauteng has been experiencing fuel shortages, and on Monday 23 Engen petrol stations were without fuel for the entire day.

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/ 5 June 2007

Kenyan cops slay members of banned sect

Kenyan police have killed at least 21 suspected members of a banned sect in a Nairobi slum in retaliation for the killing of two police officers, a police spokesperson said on Tuesday. ”Following the killing of two police officers … 21 people who were resisting arrest were killed” overnight, said national police spokesperson Eric Kiraithe.

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/ 5 June 2007

World urged to focus on Africa’s success stories

News items on disease, conflict and corruption in Africa are crowding out positive stories of burgeoning economies on the continent, speakers at a global technology and design meeting said this week. Many African economies are booming and attracting interest from people keen to invest in them despite hurdles such as bad roads, erratic power supply or insecurity, they added.

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/ 5 June 2007

Barmy Army boosts Australian economy

England’s ”Barmy Army” of travelling cricket fans helped boost the Australian economy by -million during the Ashes and one-day series, Cricket Australia said on Tuesday. An Economic Impact Study released by CA and the Australian government found that the Ashes and subsequent one-day series helped attract 37 000 international visitors to Australia.

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/ 5 June 2007

Safa hit back at Parreira over friendly match

When it comes to money, Bafana Bafana coach Carlos Alberto Parreira clearly thinks in big figures. But after Parreira had criticised the South African Football Association for balking over meeting Uruguay’s pay demands for a friendly game against Bafana, the national association countered with an equally firm, if veiled, rebuke.

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/ 5 June 2007

Less taxing returns

Last month the finance mini­ster announced that individuals will be completing new, simpler tax forms this year. Instead of filling in 10 pages, individuals paying PAYE will only have to fill in two pages. You will not have to do any calculations, nor will you have to supply supporting documents such as an IRP5 — you will, however, need to keep these somewhere safe in case of an audit.

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/ 5 June 2007

Be a credit to yourself

On June 1 the National Credit Act comes into force, which will change the way credit is extended as well as increase the importance of customers’ credit histories. Consumers who realise that their credit record is their most valuable asset and treat it accordingly will benefit, but those who are not prompt with payment and who over-extend themselves will find credit becoming increasingly expensive.

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/ 5 June 2007

Subscribing to ID theft

By filling in a subscription or competition postcard and dropping it in the post box, you could be exposing yourself to ID theft — one of the fastest growing crimes facing consumers. Identity theft occurs when a customer’s personal or banking details are illegally obtained and used to access the customer’s bank accounts.

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/ 5 June 2007

Why a gold card?

I’ve read an article on the <i>M&G Online</i> that says having a gold card is all for show. I tend to agree with that. I went in to my bank recently, and asked if I really needed my "elite cheque account" with a gold cheque card. The adviser’s answer was, that this will count in my favour when applying for a home loan or vehicle finance, as apposed to having say a classic cheque account, writes a reader.