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/ 30 August 2006

MTN continues to show good growth

South African mobile operator MTN on Wednesday reported a 27,5% increase in adjusted headline earnings per share to 278,5 cents for the six months ended June from 218,4 cents for the six months ended September 2005. MTN also advised that its subscribers were up 9,4% to 25,4-million for the six months to June.

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/ 30 August 2006

Dozens killed in Iraq, despite security clampdown

More than 40 people were killed in bomb attacks in Iraq on Wednesday morning, including 24 at a busy market in Baghdad where insurgents seem intent on defying a major United States-backed security clampdown now in its fourth week. A further 35 people were wounded in the attack on the Shorja wholesale market in central Baghdad, police said.

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/ 30 August 2006

Commission warns of another fuel crisis

The Moerane commission, which investigated South Africa’s fuel-supply crisis suffered late last year, has reported that another supply crisis could emerge in the second half of this year because of scheduled refinery shutdowns. But Minister of Minerals and Energy Buyelwa Sonjica says she has a task team in place with the industry.

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/ 30 August 2006

SABC boosts its profit

The South African Broadcasting Corporation (SABC) announced on Wednesday that it has posted an after-tax profit of R383-million for the 2005/06 financial year. This is a 97% increase on the adjusted figure of R194-million for last year. The public broadcaster also reported marked audience growth across most of its radio and television platforms.

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/ 30 August 2006

Flu forces Mbeki to take a break

National Assembly questions to South African President Thabo Mbeki have been postponed because the head of state has influenza and has been told by a military doctor ”to rest”, the Director General in the Presidency, Frank Chikane, reported to members of the media at Parliament. The questions were to have been put to the president on Wednesday afternoon.