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/ 17 October 2005
The Department of Minerals and Energy has no intention of scrapping the proposed duty on the export of rough diamonds, Minister of Minerals and Energy Lindiwe Hendricks told parliamentarians on Monday. The minister noted that this has been "a contentious issue of serious debate".
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/ 17 October 2005
After its sell-off last week, the JSE was rebounding just before midday on Monday, assisted by higher commodity prices. Volumes were relatively light, however, and a dealer cautioned that the bourse’s recovery might be short-lived. By 11.51am, the all-share index added 0,97%.
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/ 17 October 2005
Israel has decided to suspend all contacts with the Palestinian Authority following a shooting attack that killed three Jewish settlers in the West Bank, Israeli security sources said on Monday. Israeli and Palestinian officials had been due to hold a series of meetings in the coming days to prepare the groundwork for a summit between Israeli Prime Minister Ariel Sharon and Palestinian leader Mahmoud Abbas.
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/ 17 October 2005
Specialist banking and financial services group Sasfin is hoping to announce a black economic empowerment (BEE) deal soon. Chairperson Martin Glatt said on Monday that although negotiations leading to a BEE transaction had taken longer than the group had anticipated, Sasfin was at advanced stage of negotiations with potential BEE partners in respect of a 10% interest in the capital of the bank.
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/ 17 October 2005
The new tabloid Asian edition of the <i>Wall Street Journal</i> hit the streets on Monday but a media analyst was sceptical whether the new look worked. The business newspaper started its new era with a front-page story, beneath a headline in conservative small type, about United States Treasury Secretary John Snow’s visit to China.
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/ 17 October 2005
”Tell me exactly what difference there is between the Vaal in 1994 and the Vaal in 2005,” challenged a resident sitting on a street corner in Small Farms, Evaton. This old township was visited by President Thabo Mbeki three years ago. He pledged to turn its fortunes around with a new strategy called the Evaton Renewal Project.
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/ 17 October 2005
In the week of AgriSA’s annual conference, the Mail & Guardian speaks to chairperson Lourie Bosman about the recent land summit and whether farmers are doing enough to facilitate land reform in South Africa.
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/ 17 October 2005
A year after Harrismith’s impoverished Intabazwe township erupted against poor service delivery, the community has vowed they will not vote, or will vote for opposition parties, in the upcoming local government elections. They insist that promises made by the African National Congress-led council have been dishonoured.
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/ 17 October 2005
Less than 5% of pupils receive exemptions from school fees, while the poor borrow R2,7-billion a year to spend on education, it emerged from Human Rights Commission(HRC) hearings recently. The points are contained in a submission by the Education Law Project of Wits University’s Centre for Applied Legal Studies at HRC hearings on the right to basic education, which the Constitution guarantees.
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/ 17 October 2005
Easynet said on Monday that it had received an approach which may lead to a takeover, amid a report that British satellite broadcaster BSkyB wanted to snap up the London-listed telecoms group. <i>The Sunday Telegraph</i> newspaper had reported that BSkyB was to muscle in on the lucrative internet broadband market.