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/ 26 January 2007
Kumba Iron Ore, recently unbundled in a restructuring of Kumba Resources, says its earnings for the two months to end-December will be impacted by a R150-million one-off cost arising from the implementation of the Kumba Resources empowerment transaction.
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/ 26 January 2007
President Thabo Mbeki arrived in Davos, Switzerland, on Friday to attend the annual World Economic Forum, the Department of Foreign Affairs said. Department spokesperson Ronnie Mamoepa said Mbeki and a delegation will participate in the forum ”within the context of South Africa’s priority to promote North-South cooperation in support of the African agenda.
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/ 26 January 2007
The group of Cape Town residents that it was feared might mount a crippling legal challenge to the city’s 2010 Soccer World Cup stadium have decided to work with the authorities in planning the complex. The decision was taken on Thursday night at a meeting of the Green Point Common Association.
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/ 26 January 2007
Media group Naspers on Friday announced the acquisition of a 30% stake in popular instant-messaging service MXit Lifestyle for an undisclosed amount. MXit is an instant-messaging service for cellphones. It allows users to send and receive SMSs using a cellphone at a fraction of the cost of an SMS.
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/ 26 January 2007
Security was tight in the Johannesburg Magistrate’s Court where South Africa’s ”Houdini”, Annanias Mathe, made a brief appearance on Friday. Nine police officers armed with R4 rifles escorted the limping Mathe inside the court. His case was postponed to March 30 for further investigation. He faces at least 50 charges.
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/ 26 January 2007
South Africa’s new football coach, Carlos Alberto Parreira, arrived in Johannesburg on Friday to launch what is hoped will be a successful bid to become world beaters when they host the Soccer World Cup in 2010. The Brazilian was welcomed by South African Football Association chief executive Raymond Hack when he touched down at OR Tambo International Airport.
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/ 26 January 2007
At the nadir of the war in Vietnam, junior American officers had to examine their priorities extremely carefully before sending their squad into a particularly dangerous situation. Stoned, terrified, 19-year-old draftees were not averse to shooting their officers in the middle of a firefight, or tossing a hand grenade in their general direction.
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/ 26 January 2007
Australians love their muffin tops — but not the kind you buy from a bakery. The arbiter of Australian English, the Macquarie Dictionary, has declared ”muffin top” the word of the year for 2006 — even though it is two words — defeating ”affluenza”, a noun that describes dissatisfaction with consumerism.
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/ 26 January 2007
Reports about a study that found microwave ovens can be used to sterilise kitchen sponges sent people hurrying to test the idea this week — with sometimes disastrous results. A team at the University of Florida found that two minutes in the microwave at full power could kill a range of bacteria, viruses and parasites on kitchen sponges.
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/ 26 January 2007
The White House has announced a major shift in its strategy towards Afghanistan that will see more aid and military help for the country. Facing failure in Iraq, where violence is worsening, the United States is anxious to avoid a similar catastrophe in Afghanistan.