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/ 15 February 2006
Jockey Shabalala, a member of South Africa’s most famous a cappella ensemble, has died, the group’s record company said on Tuesday. He was 62. Shabalala, whose brother Joseph founded and still leads Ladysmith Black Mambazo, died on Saturday of natural causes surrounded by family at his home in Ladysmith.
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/ 15 February 2006
The JSE was in positive territory just before noon on Wednesday lifted by bargain hunting after three days of losses. Volumes were fairly light, however, as players adopted a cautious approach ahead of Minister of Finance Trevor Manuel’s Budget speech at 2pm. At 11.51am, the all-share index added 0,95%.
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/ 15 February 2006
Mittal Steel SA made its owners R5,08-billion in the 2005 financial year to December, a 12% increase on the previous year. ”The excellent results were driven by higher average sales prices; higher export sales; and the non-recurrence of business assistance agreement payments made during 2004,” the company said on Wednesday.
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/ 15 February 2006
Wayne Gretzky says it’s over. The distant look in his eyes and the weariness in his voice say it’s not. Gretzky, hockey’s biggest name and the touchstone of all things sporting in Canada, didn’t arrive at the Olympics until Tuesday. Already, he can’t wait for the questions to stop.
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/ 15 February 2006
Even on a treacherous track, Germany’s high-powered luge machine never lost traction. The undisputed queens of luge made the Olympic competition their own, sweeping the medals once again and leaving the rest of the sliding world to wonder what it will take to slow them down.
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/ 15 February 2006
Australia’s cricketers celebrated their crushing win in the one-day series against Sri Lanka and South Africa on Wednesday, as national selectors continued to experiment with the team line-up ahead of next year’s World Cup. The world champions had faced criticism recently over the decision to rest key players from some games during the triangular series.
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/ 15 February 2006
Ernie Els returns to the United States PGA Tour for the first time in eight months, and he could not have picked a more appropriate setting than Riviera Country Club in Los Angeles. The Hollywood script of his career undoubtedly would start with something like, ”It was the best of times, it was the worst of times,” and it would take place at the fabled course off Sunset Boulevard.
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/ 15 February 2006
According to the latest Absa house-price index, nominal house price growth was 14,9% year-on-year in January compared with a revised growth rate of 15,5% in December. While all indications point to a slowdown in residential property, the market may begin to recover as early as the first half of 2007, an FNB property strategist said.
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/ 15 February 2006
Axed deputy president Jacob Zuma’s attorney would not confirm or deny a report on Wednesday that his client fathered a son with Minah Shongwe, the sister of Transvaal Deputy Judge President Jeremiah Shongwe. ”I would rather not comment,” said Zuma’s attorney, Mike Hulley.
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/ 15 February 2006
In a bid to recoup R1,604-billion in losses reported for the financial period ended March 2005, the state-held arms manufacturer Denel is expected to shed 7 000 jobs, the National Union of Metalworkers of South Africa said on Wednesday. Denel is due to respond to the trade union’s claims later on Wednesday.