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/ 30 March 2006

What’s eating Microsoft?

Microsoft has delayed the release of Windows Vista by up to eight weeks — and become the Grinch that stole the PC industry’s Christmas. Vista, the next version of Windows, will still be delivered to corporate users this year. But, as the company put it in a masterfully spun press release last week, ”broad consumer availability” will be delayed until January 2007.

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/ 30 March 2006

Cosatu rails against Gautrain

The Congress of South African Trade Unions (Cosatu) is contemplating strike action against the Gautrain project, the provincial branch of the union federation said on Thursday. Gauteng provincial secretary Siphiwe Mgcina told reporters that the project failed to tackle the most significant transport problems in the province.

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/ 30 March 2006

Consumer confidence at a record high

Consumer confidence in South Africa in the first quarter of the year was at its highest level ever in the 24-year existence of the composite consumer-confidence index (CCI), First National Bank (FNB) announced on Thursday. FNB and Stellenbosch University’s Bureau for Economic Research (BER) measure the trends reflected in the CCI.

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/ 30 March 2006

Australian cyclone misses population centres

A severe tropical cyclone packing winds of up to 250kph slammed into a major oil and mining region of western Australia on Thursday but missed the area’s main population centres. Cyclone Glenda hit land about 4pm local time in cattle-grazing territory in the Pilbara region about 200km south-west of the massive oil- and ore-shipping centre of Karratha.

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/ 30 March 2006

Hong Kong to ban live poultry sales in three years

Hong Kong will ban the sale of live poultry in markets within three years in a move aimed at averting an outbreak of deadly bird flu, the city’s political leader said on Thursday. Chief executive Donald Tsang told the legislature that while the territory was closely monitoring the spread of the H5N1 virus in China, it should also remain on guard.

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/ 30 March 2006

JSE roars ahead as metals fly

The JSE was roaring ahead in noon trade on Thursday, fuelled by soaring precious metals prices. Firmer world markets gave the move added impetus. By 12.14pm, the all-share index added 1,35%. Resources rallied 2,15%, with the gold- and platinum-mining indices jumping 3,6% and 2,8% respectively.

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/ 30 March 2006

Platinum, gold price surge to new highs

The price of platinum on Thursday surged to an all-time high of $1 086 an ounce, eclipsing its previous all- time best of $1 085/oz established on February 3, on the back of gains in gold and silver, analysts said. At about noon on Thursday, gold climbed above $580/oz for the first time since January 1980.