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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.

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/ 11 January 2006

How do you solve a problem called Ganguly?

India go into the first Test against arch-rivals Pakistan in Lahore on Friday struggling to find a place in the playing eleven for former captain Sourav Ganguly. Sacked as captain in October after a damaging row with coach Greg Chappell and struggling to find his best form with the bat, Ganguly has created a selection headache for the team management.

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/ 11 January 2006

Zimbabwe judge convicted of corruption

A Zimbabwean judge who had ruled in favour of President Robert Mugabe’s opponents has been found guilty of corruption, local reports said on Wednesday. High Court Judge Benjamin Paradza was arrested in February 2003 for allegedly trying to persuade a fellow judge to release the passport of a white business associate who was awaiting trial on murder charges.

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/ 11 January 2006

Reading your rubber

"It would be great if we could all buy the most expensive tyres for our cars every time we needed them, but for most of us that’s impossible. Most cars are used as simple commuting tools, driven by ordinary people who live on a tight budget," writes Gavin foster.

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/ 11 January 2006

Woolworths’ six-month sales up 16,3%

Listed clothing and food retailer Woolworths has reported a 16,3% rise in sales for the six-months to end-December 2005 compared to the same period a year earlier. In a trading statement released on Wednesday, Woolworths said trading over the festive season had been in line with expectations.

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/ 11 January 2006

Chinese FM’s African visit to boost energy ties

China’s foreign minister began a six-nation African tour on Wednesday, which analysts say will focus on boosting energy ties and forging stronger global political alliances to counterbalance United States dominance. Foreign Minister Li Zhaoxing will visit Cape Verde, Senegal, Mali, Liberia, Nigeria and Libya during the trip, set to end on January 19.