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/ 23 August 2005

JSE weaker on stronger rand

The JSE Securities Exchange (JSE) was weaker in noon trade on Tuesday, dragged down by a stronger rand. However, dealers said that some strength could possibly be seen later in the day after the market digested better-than-expected gross domestic product data released on Tuesday morning.

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/ 23 August 2005

Miners shed no tears for fallen comrades in Ghana

When about 40 miners became trapped at eastern Ghana’s Nyanfoman-Noyem mine earlier this month, the bizarre truth is that it was seen as a normal occurrence that warranted no panic. The belief is that deaths of illegal miners are sacrifices to the gods for more gold. Illegal miners will brush aside such accidents and continue their work.

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/ 23 August 2005

Bionic defence and the curse of Carisbrook

Pretty it certainly wasn’t. But it did send a tingle down the spine and had the synapses firing all over the place, didn’t it? Saturday’s win over the Wallabies in Perth saw the Springboks roll over a side that have, in the past six weeks been mauled and battered so badly that one could justifiably feel a little sorry for them.

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/ 23 August 2005

Armed gang attack tourists on safari in Kenya

Two Japanese tourists were wounded and three others were robbed along with two South Africans when an armed gang hijacked a pair of safari vans in Kenya’s famed Maasai Mara game reserve, police said on Tuesday. Seven men armed with a rifle, clubs and machetes attacked the tourists on Monday evening as they were returning from a game drive.

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/ 23 August 2005

Absa issues 27 new put and call warrants

Banking group Absa has issued 27 new put and call warrants in order to keep up with the fast growth in South Africa’s warrants market. "We have decided to include a few put warrants for the fainthearted who feel that the market has gone too far, too fast and believe that there will be a pullback," said Gizelde Brady, a member of the Absa Corporate Merchant Bank equity derivatives team.

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/ 23 August 2005

Arjen Robben faces the Mourinho axe

Arjen Robben is set to become the latest high-profile Chelsea player to be dropped by Jose Mourinho when the Premiership champions take on West Brom at Stamford Bridge on Wednesday. But unlike Ricardo Carvalho, Robben is not being demoted for speaking out against Chelsea’s squad-rotation policy.