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/ 21 August 2006

Suspect in child beauty star murder arrives in US

A United States teacher arrested in connection with the decade-old killing of child beauty queen JonBenet Ramsey arrived in Los Angeles from Thailand late on Sunday to undergo more questioning about his possible role in the 1996 murder. John Mark Karr (41) flew in business class on a Thai Airways flight that landed at Los Angeles International Airport at about 04.27am GMT on Monday.

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/ 21 August 2006

Uganda rebels look towards SA’s TRC

Uganda’s rebel Lord’s Resistance Army (LRA) called on Monday for South Africa to play an unofficial role in peace talks after the government rejected an appeal for South African mediation. The LRA said it wanted members of South Africa’s Truth and Reconciliation Commission (TRC) to participate.

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/ 21 August 2006

SA swimmer strikes gold in Canada

Another two world records lit up the final night of the Pan Pacific Championships in Victoria, Canada on Sunday. But it was also a night in which Suzaan van Biljon bagged South Africa’s first gold medal of the competition. Michael Phelps was the first to break his own world mark, set in 2003, in the 200m individual medley after reaching the wall in 1:55,84.

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/ 21 August 2006

New flash MP3 player ups the memory ante

SanDisk Corporation introduced the world’s highest-capacity flash-memory MP3 player on Monday and priced it to take a bigger bite of the market dominated by Apple’s iPods. The player features eight gigabytes of flash-based memory, expandable to 10 gigabytes, which translates into the potential to store as many as 2 500 songs.

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/ 21 August 2006

Hedge funds have a role in protecting savings

Retirement funds should include hedge funds in their investment plans to ensure they construct optimal portfolios to protect South Africa’s limited savings, said Warren Brown, the head of fixed interest and financial modelling at Old Mutual. Brown was reacting to concerns about the lack of a clear regulatory and taxation regime for hedge funds.

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/ 21 August 2006

Anglo dominates as JSE heads higher

The JSE was in positive territory at midday on Monday, boosted by rebounding commodity prices. London-listed Anglo American — the bourse’s heaviest weighted stock — dominated trade on reports of a possible $80-billion bid for the company. By 12.03pm, the all-share index added 1,29%.

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/ 21 August 2006

Counterfeiters seen exploiting free-trade zones

Customs controls in free-trade zones worldwide must be tightened as smugglers are exploiting the easier movement of goods to shift counterfeit items, a conference on combating intellectual piracy was told on Monday. Smuggling of fake goods through these zones is a growing problem because of the mushrooming of free trade enclaves, said Richard Heath, the global anti-counterfeiting counsel at consumer goods giant Unilever.

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/ 21 August 2006

More Americans swap beach for the office

It is already common knowledge, on the beaches and in the cafes of mainland Europe, that Americans work too hard — just as it is well known on the other side of the Atlantic that Europeans, above all the French and the Germans, are slackers who could do with a bit of America’s vigorous work ethic.