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/ 10 January 2006
Resilient Property Income Fund has agreed to acquire Highveld Mall, a retail centre in Witbank that is now under construction, for R270-million, the company said on Tuesday. The 40 000 square metre centre, which is due for completion in April 2007, will be anchored by branches of retailers Edgars, Woolworths and Pick ‘n Pay.
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/ 10 January 2006
China’s $2.3-billion Nigerian oil venture is a major step forward for the energy ravenous country as it seeks to power its fast-growing economy but analysts said on Tuesday the race was just heating up. China National Overseas Oil Corp’s purchase of a 45% stake in the Akpo field is the biggest overseas investment by Beijing since China National Petroleum Corp’s took over PetroKazakhstan for $4,18-billion in October.
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/ 10 January 2006
The level of the Vaal River at Standerton in Mpumalanga has dropped overnight and no properties were in danger of flooding on Tuesday morning. Police spokesperson Superintendent Amanda Peens said the in- and outflow of the Grootdraai Dam at the town had stabilised.
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/ 10 January 2006
The League Cup probably offers Arsenal and Manchester United their best chance for a trophy this season. Both teams play this week in the first leg of the League Cup semifinals, with Arsenal at Wigan on Tuesday and Man United at Blackburn on Wednesday. Neither team are challenging Chelsea this season in the league.
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/ 10 January 2006
Colourful Canadian poet Irving Layton, twice considered for a Nobel Prize in literature for his provocative verse, died on Wednesday in Montreal at the age of 93, according to media reports. Layton, who once described himself as "a quiet madman, never far from tears", wrote about 50 books of poetry and prose over five decades.
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/ 10 January 2006
A late red card to Senegal and a 90th-minute strike by Gift Leremi propelled South Africa’s Under-23 soccer team to a hard-fought 1-0 win at the Katlehong Stadium on Monday afternoon. The teams were locked 0-0 at the break after a bruising opening 45 minutes with neither side backing down.
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/ 10 January 2006
Schoolgirl Michelle Wie makes her United States PGA Tour pro debut in Hawaii on Thursday at the ,1-million Sony Open, a familiar home-course event where she has twice failed to make the cut against men. The 16-year-old Korean-American makes her fourth US PGA appearance.
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/ 10 January 2006
A mouse took fiery revenge on a man who threw it into a pile of burning leaves by burning his house down. The flaming mouse ran back into the wooden house of 81-year-old Luciano Mares, in Fort Sumner, New Mexico, setting it afire and virtually destroying the building.
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/ 10 January 2006
Eritrea stepped up criticism of the United Nations in its bitter border row with Ethiopia late on Monday, even as the United States moved to ease soaring tensions between the arch-rival neighbours. In a statement, Eritrea accused the world body of showing ”ingrained bias” against it.
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/ 10 January 2006
French title holder Cyril Despres, riding a KTM, on Monday broke through the pain barrier of a recently dislocated collarbone to win the ninth stage of the Dakar Rally, which was marred by the death of Australian rival Andy Caldecott. The car stage was won by Frenchman and defending champion Stephane Peterhansel.