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/ 5 July 2006

Convicted Enron CEO dies in Aspen

Former Enron chairperson and chief executive Kenneth Lay, awaiting sentencing after being convicted of fraud and conspiracy charges, has died, United States media reported on Wednesday. ”Ken Lay passed away early this morning in Aspen,” said a family statement read out on CNN.

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/ 5 July 2006

Justice dept budgets R1bn to fix financial inefficiency

The Department of Justice and Constitutional Affairs has budgeted R1-billion to update its management of money in trust programme (MMIT), its chief operations officer Khotso De Wee said on Wednesday. His remarks come after Auditor General Shauket Fakie tabled a report in Parliament on Tuesday identifying serious financial and administrative inefficiencies in the MMIT.

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/ 5 July 2006

Cosatu, IFP condemn ‘harsh’ fuel levy

The Congress of South African Trade Unions (Cosatu) on Wednesday condemned the proposed Western Cape fuel tax of between 10c and 50c a litre in addition to the current national levy. ”The effect of such a levy would be to move the greatest burden of this special tax onto the poor people,” Cosatu said in a statement.

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/ 5 July 2006

Eyes turn to South Africa 2010

Even as this World Cup reaches a climax with Italy having booked a final spot against France or Portugal on Sunday, eyes are already turning to a South African jamboree in four years’ time. Organisers are hoping the first World Cup to be played on African soil will produce ”Football for a Better World” and Fifa will flag up preparations on Friday at Berlin’s Brandenburg Gate.

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/ 5 July 2006

WWF: Tuna on brink of extinction in Mediterranean

Bluefin tuna stocks in the Mediterranean Sea and East Atlantic Ocean are on the brink of extinction because of rampant illicit fishing, the environmental group WWF said on Wednesday. A report by the WWF said that bluefin tuna catches are at least 40% higher than an internationally-approved quota of 32 000 tonnes, and are deliberately under-reported at official level.

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/ 5 July 2006

Navratilova calls time on a stellar career

Martina Navratilova has finally decided that, with her 50th birthday just four months away, enough is enough and she will retire this year. ”I just want to move on to my next life,” Navratilova said. Having collected 58 Grand Slam titles in total, she needs one more here to become the most successful Wimbledon competitor of all time.