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/ 7 September 2005
For Deutsche Bank and the JSE, the launch of Itrix, their range of international exchange traded funds (ETFs), could not have come at a better time amid fierce public debate on fund management fees. An ETF is a basket of shares that passively tracks an underlying index and is itself listed on a stock exchange.
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/ 7 September 2005
It was an era of nuclear brinkmanship, trade wars and decidedly iffy hairstyles. But in Japan the early 1980s is also remembered as the heyday of a chunky plastic puzzle that drove millions of children to distraction. A quarter of a century on the Rubik’s cube is being snapped up again, this time by nostalgic Japanese in their 30s and children who are apparently growing tired of complicated video games.
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/ 7 September 2005
White farmers on Wednesday threatened an armed struggle similar to that waged by the African National Congress unless their property and cultural concerns are addressed. A handful of farmers presented a memorandum to TAU South Africa president Paul van der Walt on the fringes of an agricultural union conference.
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/ 7 September 2005
Hurricane Katrina has had an unforeseen effect on the French fashion industry, which says it fears it will be hit by a shortage of Louisiana alligator hides in coming months. While there is no shortage of the saurians in the flood waters of New Orleans, the hurricane may have seriously damaged alligator farming.
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/ 7 September 2005
Junichiro Koizumi, Japan’s maverick Prime Minister, has a rival for the title of the great reformer in the shape of a self-made multimillionaire who describes this Sunday’s general election as a contest between old and new Japan. Takafumi Horie became a household name earlier this year after he launched an unsuccessful bid to gain control of Fujisankei, one of Japan’s most influential media groups.
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/ 7 September 2005
A consortium of western oil companies, led by ExxonMobil, has drawn up legal agreements with African governments that potentially override the human rights of the local populations, according to a report published on Wednesday by Amnesty International.
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/ 7 September 2005
Roy Bennett, a member of the Zimbabwe opposition Movement for Democratic Change, was recently released from jail.
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/ 7 September 2005
The Blue Bulls rugby player and vice-captain who died in a car accident early on Wednesday was to be dropped from the side to play Griquas on Saturday. According to some of his teammates, rising star Etienne Botha (26) had been sidelined after a loss of form.
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/ 7 September 2005
Moroka Swallows beat a determined Free State Stars 1-0 in their hard-fought Castle Premier Soccer League (PSL) game at the Germiston Stadium on Tuesday afternoon in front of a poor midweek crowd, after leading 1-0 at the break. As a result of this win, Swallows move from 11th to third position on the PSL log.
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/ 7 September 2005
A joke circulating in soccer circles for some time poses the question: ”When will Jomo Sono, the Jomo Cosmos owner, fire Jomo Sono, the Jomo Cosmos coach?” It could be something more conceivable than many imagine should Sono’s embattled club not emerge from the rut that has plagued them for the past year.