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/ 11 January 2006

Metallica to perform in South Africa

Metal pioneers Metallica will be in South Africa in March to perform in one of the biggest international music festivals the country has so far seen. They are the sixth international act to confirm their attendance of the festival, with youth icon Karen Zoid and Fokofpolisiekar already added to the local line-up, organisers said on Wednesday.

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/ 11 January 2006

Weaker rand gives JSE a boost

The JSE was in positive territory at midday on Wednesday, boosted by a softer rand. Gains were seen across the board and advancers outnumbered decliners on the all-share index by three to one. At noon, the all-share and all-share industrial indices added 0,78% and 0,64% respectively.

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/ 11 January 2006

Soshanguve residents protest service delivery

A police officer was injured during violent protests by Soshanguve residents over poor service delivery, Pretoria police said on Wednesday. Inspector Lucas Sithole said five people were also arrested for public violence and malicious damage to property. ”Residents went on the rampage shortly after midnight,” he said.

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/ 11 January 2006

The battle for Canadian unity

Canadian Prime Minister Paul Martin and opposition leader Stephen Harper, his Conservatives ahead in the latest polls, raged against possible Quebec separation in a televised election debate on Tuesday. ”It’s not right to say that it’s a crime to promote federalism in the province of Quebec,” Harper said, rebuffing attacks by separatist Bloc Quebecois leader Gilles Duceppe.

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/ 11 January 2006

US mogul plays Trump card for rich golf showdown

Donald Trump will sponsor a one million-dollar golf showdown next May in the Grenadines, a 100-player event open to both men and women who are not members of the most elite global golf tours. Trump announced the Trump Million Dollar Invitational in new York on Tuesday, unveiling plans for the richest tournament ever staged outside the PGA and LPGA tours.

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/ 11 January 2006

House-price growth slower in 2005

South Africa recorded average house-price growth of 21,9% in 2005, down from the rapid 32,2% average growth seen in 2004, according to the latest Absa house-price index, released on Wednesday. Banking group Absa is expecting house-price growth to slow further in 2006, to between 10% and 12% year-on-year.