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/ 5 July 2006

Standard Bank accounts hacked

”Some money” was taken from Standard Bank clients when hackers gained access to the bank’s accounts, group spokesperson Ross Linstrom said on Wednesday. ”There has been some money [taken] but very little. That is not our concern. Our concern is tightening up [security]. In terms of people, it is less than ten,” Linstrom said.

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/ 5 July 2006

Should the 18-hole play-off be retired?

Annika Sorenstam was so tired from playing 54 holes in two days that she took Tuesday off after winning the US Women’s Open. Pat Hurst was exhausted before she got to the first tee for the 18-hole play-off, and that was after a night of rest. Imagine how Billy Burke and George Von Elm must have felt.

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/ 5 July 2006

Two dead as Somali Islamists enforce World Cup ban

At least two people were killed when Islamic gunmen opened fire on scores of young demonstrators protesting a ban on World Cup viewing at a cinema in central Somalia, witnesses said on Wednesday. The pair were shot and killed late on Tuesday when soccer fans, barred by Islamists from watching the semifinal match between Germany and Italy, complained.

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/ 5 July 2006

World Bank writes off $3,6bn of Ethiopian debt

The International Development Association, an arm of the World Bank, has written off ,616-billion of Ethiopia’s debt under the Multilateral Debt Relief Initiative, the bank’s country office disclosed on Wednesday. In a statement, the World Bank said Ethiopia’s economic performance over the past three years had been ”strong and broad-based”.

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/ 5 July 2006

SA still experiencing record consumer confidence

Consumer confidence remained at record-high levels during the second quarter of 2006, according to the latest FNB/BER consumer confidence index (CCI) released on Wednesday. First National Bank (FNB) and Stellenbosch University’s Bureau for Economic Research (BER) said in a statement the CCI declined by an insubstantial one index point.

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/ 5 July 2006

JSE weaker as it follows world markets

The JSE was weaker in noon trade on Wednesday in line with world markets. Renewed interest-rate jitters sparked by a weaker rand and concerns about North Korea’s missile tests also contributed to the weakness. By 12.06pm, the all-share and all-share industrial indices slipped 0,7% and 0,62% respectively.