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/ 20 February 2006
The banks have come out swinging over comments by Reserve Bank Governor Tito Mboweni that they are making "prosperous" margins. Mboweni told the Financial Mail he saw no justification for the 3,5% margin between the Reserve Bank’s 7% repo rate and the 10,5% prime rate charged by the banks.
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/ 20 February 2006
The story has presented journalists with many ethical pitfalls, and the media have come in for a good deal of criticism. Most recently, Zuma hit at the <i>Mail & Guardian</i> for its report (December 2) that he told senior alliance leaders he had had consensual sex with the woman who has accused him, but denied raping her.
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/ 20 February 2006
Mauritius may be one of the world’s most glamorous destinations, but agriculturally speaking, there’s not that much of it to go around. As a result, the island’s government and farmers have begun looking west — to the far larger, neighbouring island of Madagascar. For the Malagasy administration, this holds out the promise of increased investment.
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/ 20 February 2006
With her Sandton background and black suit and high heels, Joy Cole seems more like a typical Democratic Alliance local government election candidate than a DA hate object. But the tide of DA election posters proclaiming ”Take back Knysna” is aimed at her.
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/ 20 February 2006
Mary has spent the day gathering sheaves of grass to feed the cattle, weeding the vegetable patch and helping her mother cook dinner over a charcoal fire: the life of any African girl in any African village. But as daylight begins to fade, Mary slips away from the family’s mud hut and strides down a sandy track into the nearest town.
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/ 20 February 2006
BP has polished its green credentials — and pleased Arnold Schwarzenegger — by announcing plans for a revolutionary hydrogen-fuelled power plant in California costing -billion. The facility will be able to generate electricity with almost no carbon emissions by converting the waste product of oil refineries into hydrogen and separating off carbon dioxide for capture and storage.
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/ 19 February 2006
Power had been restored to large parts of the Western Cape by Sunday afternoon, Eskom spokesperson Fani Zulu said. The entire Western Cape was without power early on Sunday following faults on transmission lines because of misty conditions and residual pollution from recent fires.
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/ 19 February 2006
Murdered mining magnate Brett Kebble had an intimate relationship with a young man, the Afrikaans-language <i>Rapport</i> newspaper reported on Sunday. The newspaper said the relationship came to light during the investigation into the wealthy businessman’s shooting death in Johannesburg’s northern suburbs in 2005.
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/ 19 February 2006
Computer users need a special removal tool to rid their computers of the Nyxem computer worm. The tool seeks out and neutralises the worm, says Anja Hartmann, of the German Federal Agency for Information Technology in Bonn. As the pest can deactivate anti-virus software, that software should be reinstalled.
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/ 19 February 2006
Floriculture has become a flourishing business in Ethiopia in the past five years, with the industry’s exports earnings set to grow to -million by 2007, a five-fold increase on the -million earned in 2005. Ethiopian flower exports could generate an estimated -million within two to three years.