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/ 29 August 2005

ANC headquarters closed after fire

The ANC’s Sauer street headquarters in Johannesburg will be closed on Monday after a fire over the weekend, a party spokesperson said. Steyn Speed said it appeared that the office of Secretary-General Kgalema Motlanthe and that of deputy Secretary-General’s Sankie Mthembi-Mahanyele had escaped major fire damage.

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/ 29 August 2005

McGrath doubtful for Ashes finale

Champion fast bowler Glenn McGrath faces a fitness battle as Australia begin their preparations for next month’s must-win fifth Ashes Test at the Oval. McGrath missed the fourth match of the series, which England won in dramatic fashion by three wickets at Trent Bridge here on Sunday, with an elbow injury and the loss of his accurate seam bowling was a major blow to Australia.

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/ 29 August 2005

Hiveld share price plunges

Shares in South Africa’s steel and vanadium producer Highveld Steel and Vanadium (Hiveld) on Monday plunged 28% after the payment of the company’s interim and special dividends. At 10.20am, Hiveld’s shares on the JSE Securities Exchange were quoted at R48,95, down 28% or R19,25 from its previous close.

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/ 29 August 2005

Barplats reports smaller loss

Junior platinum-miner Barplats on Monday reported a headline loss per share for the year to June 2005 of 14 cents, from an 18,9 cent loss for the 2004 year. Revenue for the year declined to R40,177-million from R112,893-million in 2004. Gross profit for the year totalled R3,454-million from a loss of R5,675-million.

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/ 29 August 2005

BHP Billiton extends share buy-back

Global resources group BHP Billiton on Monday announced that it has extended its share buy-back programme by 12 months to September 30 next year. The group also increased the maximum number of shares that may be purchased by BHP Billiton Limited under the buy-back programme from 186-million to 358-million.

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/ 29 August 2005

Ferguson says his team looks ready for a shot at the title

Manchester United manager Alex Ferguson claimed his side are ready to challenge for the English Premiership title after watching them beat Newcastle 2-0 at St James’ Park. Goals from Wayne Rooney and Ruud van Nistelrooy clinched victory for the Old Trafford club and left Ferguson eyeing the future with far more optimism that his opposite number Graeme Souness.

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/ 29 August 2005

Iraq gamble as Sunnis left out of Constitution deal

Iraq took a historic gamble on Sunday when the ruling Shia and Kurdish coalition bulldozed over the objections of Sunni Arabs to finish a new Constitution. Frantic efforts to reach a consensus collapsed when a blueprint for a new democratic state which lacked the support of Sunni leaders was submitted to Parliament, triggering what promised to be a bitter referendum battle.