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/ 15 August 2006

Israeli leader admits tactical deficiencies

Israeli Prime Minister Ehud Olmert tried to repair his frayed standing as a war leader on Monday by claiming his troops had inflicted lasting damage on Hezbollah and would continue to pursue the militia’s leaders, despite a United Nations ceasefire. Meanwhile, Hezbollah leader Hassan Nasrallah claimed a ”strategic and historic victory”.

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/ 15 August 2006

Keep your credit record clean

Access to credit has never been easier, with banks falling over themselves to provide credit to customers. But remember, next time you get a call from a bank to tell you about pre-approved credit, be sceptical. It may tell you that you can afford it, but only you know what you can afford to repay.

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/ 15 August 2006

Happy 10th birthday!

Congratulations to the Teacher on walking for 10 years now — this is a baby that grew up fast! We need papers like yours if education is to play the central role that it should in South Africa’s growth and development. You not only cast a critical eye on the shortcomings and problems in our schools and other institutions, but you stimulate a debate about what should be done.

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/ 15 August 2006

Germany writes Brecht a new epitaph

Germany is honouring Bertolt Brecht with fanfare on the 50th anniversary of his death, hinting that the country is ready at last to embrace the playwright and poet as a national hero and forgive him for going to his grave a communist. There is no ignoring Brecht as theatres from Berlin to Bonn to Hanover dust off his plays.

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/ 15 August 2006

Credit cop to the rescue

Government didn’t need to look very far to appoint a new chief executive for the National Credit Regulator (NCR). As head of the former Microfinance Regulatory Council, now the NCR, Gabriel Davel has been regulating credit providers since 2000, and is a chartered accountant who chose to specialise in financial regulation and development finance.