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/ 4 August 2006

Urban planners see World Cup boost for South Africa

Massive investments to upgrade and build new infrastructure ahead of the 2010 soccer World Cup could spark a revival in South Africa’s overcrowded and underfunded cities, urban planners said on Thursday. ”There will be a lasting legacy beyond four years from now,” Andrew Boraine, chairperson of the South African Cities Network, said at a news briefing.

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/ 4 August 2006

Unions divided over Kumba offer

Unions that have launched strikes at the Kumba mining company have taken separate paths since Kumba made an offer on Wednesday. While labour union Solidarity said that it had accepted 7,75% and 8,75% pay hike offers, the National Union of Mineworkers, the National Union of Metalworkers of South Africa and the Black Allied Mining and Construction Workers’ Union have rejected it.

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/ 4 August 2006

Prince, De Villiers lead SA recovery

Stand-in captain Ashwell Prince and AB de Villiers scored undefeated fifties to guide South Africa to a healthy 231 for four wickets at tea on the opening day of the second Test against Sri Lanka on Friday. Coming together with their side in trouble on 70-4, the pair dominated the afternoon with an aggressive unbroken 161-run partnership.

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/ 4 August 2006

‘One of the worst days’ in Lebanon

Waves of Israeli air strikes destroyed three highway bridges north of Beirut on Friday, forcing United Nations relief agencies to cancel several convoys of aid for the 900 000 people displaced by the conflict. The Israeli air force’s bombing of bridges in the Christian heartlands north of the capital cut off the main coastal highway to Syria.

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/ 4 August 2006

Anglo shines on strong JSE

The JSE was ensconced in positive territory in noon trade on Friday, with resources giant Anglo American — the bourse’s heaviest-weighted stock — roaring to a record high after the company reported record results. Relief that Thursday’s rate hike was in line with expectations and firmer global markets helped the bourse overall.

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/ 4 August 2006

Zimbabwe forex concessions cheer industry leader

A leading business official has said Zimbabwe’s struggling industry looks set to recover after the central bank eased exchange controls to let exporters retain the bulk of their earnings in bank accounts. ”Give it another 12 months and we will be back on our feet,” said Callisto Jokonya, president of the main Confederation of Zimbabwe Industries.

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/ 4 August 2006

Domestic’s death turns spotlight on job agencies

The miserable death of a 23-year-old domestic worker, Marie Rachel Kleinveld, in a Cape Town hospital last week has thrown a harsh spotlight on the labour practices of unregistered job agencies which lure poor rural women to the city on promises of work. Kleinveld, who fell ill, was locked away by the agency that recruited her and hospitalised too late to save her life.