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/ 18 November 2005

JSE at new high on metals, world mkts

The JSE raced to a record high on Friday morning when resources stocks were boosted by higher precious metals prices. Stronger world markets added to the positive picture. By 12.02pm, the all-share index was up 1,16% at 17 488,16, having earlier reached a record high of 17 540,08.

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/ 18 November 2005

Nalbandian aims high at Masters Cup

Five days ago, David Nalbandian was packing his things for a fishing trip in his native Argentina. Now he’s one match away from a place in the Masters Cup final. Nalbandian has found some great form since his late call-up to replace the injured Andy Roddick, taking Roger Federer to three sets before whitewashing Guillermo Coria and Ivan Ljubicic.

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/ 18 November 2005

How New Zealand won the World Cup bid

New Zealand promised ”a tournament based on traditional rugby values” and stunned observers when it won the rights to host the 2011 Rugby World Cup. A promise of government support ”both moral and financial” and a campaign that turned New Zealand’s diminutive size into an asset clinched the tournament for New Zealand.

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/ 18 November 2005

Once a Pirate …

There is a romance in local football circles that will forever link Jomo Sono to Orlando Pirates. He is arguably the Soweto club’s favourite son of all time. This sentimentality was again at the fore when Sono’s team, Jomo Cosmos, beat Kaizer Chiefs 2-0 in the Coca-Cola Cup quarterfinals.

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/ 18 November 2005

Jewell’s diamonds in the Premiership

Wigan versus Arsenal: the Jewell in the Crown against the Frenchman with a Frown. On Saturday in front of a record crowd, the Gunners must come to terms with the fact that their unfashionable northern visitors are five points ahead of them in the Premiership title chase and firmly tucked in behind Chelsea in second place.

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/ 18 November 2005

The risk of ‘horrendous’ youth unemployment

The unemployment rate for youths aged between 16 and 25 is 52% in South Africa, while in the Western Cape it is 49%, compared with a national average for all ages of 26,5%, Minister of Finance Trevor Manuel said on Thursday evening in Cape Town. "A large chunk of the answer to unemployment lies in upgrading the available skills," he said.

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/ 18 November 2005

Alain Perrin: A post-mortem interview?

For someone in danger of being fired, Alain Perrin displays a fine line in self-deprecatory humour. According to the latest whispers, George Burley has turned down the job and Neil Warnock has been lined up by chairperson Milan Mandaric to take Perrin’s place. Darren Tulett speaks to the Pompey manager.

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/ 18 November 2005

Scot’s miracle HIV cure ‘unlikely’

In the mystery of the Scot and the disappearing HIV, it could be the vitamins that did it. But the culprit is far more likely to be an inaccurate blood test or a hidden viral infection. Recently, a 25-year-old Scot living in London said in paid interviews with two British tabloids that he was "the first in the world to be cured of HIV".

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/ 18 November 2005

Mzi faces ‘grey cash’ fine

Mzi Khumalo faces penalties that could reach R130-million for stashing offshore the benefits of a botched empowerment deal, which saw him acquire, and quickly sell, a large stake in Harmony Gold three years ago. In an apparent violation of exchange control regulations Khumalo managed to use the proceeds of the deal to gain access to more than R700-million in foreign currency, effectively taking his profits offshore.