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/ 12 July 2006

Blatter: Zidane may lose best-player award

Fifa may strip disgraced French skipper Zinedine Zidane of his World Cup best player award, the organisation’s president Sepp Blatter has told Italian newspapers. Zidane was announced as the winner of the prestigious award on Monday morning, the day after the World Cup final which saw him sent off for head-butting an Italian opponent.

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/ 12 July 2006

Alleged Merebank murderer shot and killed by police

A man who allegedly shot and killed three people during a dispute over an electricity bill was killed by the police near Pietermaritzburg on Wednesday morning. Rodney Gxubane, who allegedly killed his landlord, the landlord’s daughter and a boyfriend of another of the landlord’s daughters last month was shot dead by members of the Serious and Violent Crimes Unit in Sweetwaters

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/ 12 July 2006

Microsoft faces fresh fines

The European Commission is to step up pressure on Microsoft on Wednesday to respect a 2004 antitrust ruling, by slapping huge new daily fines on the defiant software group. With an irritated Microsoft flaunting the ruling, the EU’s competition watchdog is poised to impose fines as high as â,¬2-million ($2,55-million) per day backdated to December 15.

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/ 12 July 2006

Buyers, get your own agent

We have a peculiar set-up in South Africa when it comes to buying a house. Buyers and sellers are represented by the same agent, who is incentivised purely by the sale of the property at the highest price. This makes it impossible for an estate agent to act in the best interests of the buyer.

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/ 12 July 2006

Blake injured but Giteau returns to face Springboks

Wallabies coach John Connolly’s hopes of beefing-up the Australian front row to face South Africa’s monster pack this weekend were dashed on Wednesday when prop Rodney Blake lost a fitness race. Connolly made four changes to the team that played the All Blacks after suffering his first loss since taking over as coach earlier this year, dropping Mat Rogers to allow Matt Giteau to return from injury.

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/ 12 July 2006

It’s wise to diversify

No one expected the interest rate hike last month, and certainly not the rand and market fallout that followed. If you had been reading the press, there had been concerns around the price of the stock market and the fact that the rand was looking vulnerable as the current account deficit continued to balloon.

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/ 12 July 2006

Charting a successful route

There is no such thing as an amateur investor: the moment you lay out cash for an investment, you’re a professional, playing the game for money. Professional investors on the stock market should equip themselves with the basics — which are the measures you use to decide whether or not a share is good value at a particular price.

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/ 12 July 2006

Kinshasa political protest turns violent

Police used clubs and tear gas to break up a political demonstration in the capital of the Democratic Republic of Congo (DRC) on Tuesday that left several opposition supporters gravely injured, journalists and witnesses said. One protester lost his hand when a tear-gas canister exploded, according to eyewitness reports.

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/ 12 July 2006

All in SA do not reap tourism benefits

The figures are certainly impressive. According to Statistics South Africa, the country’s tourism industry has experienced growth of more than 100% since the demise of apartheid in 1994. But in a country struggling to overcome the effects of apartheid, these figures do not necessarily add up to a success story.