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/ 5 July 2005

Oil prices shoot up past $59 mark

Oil prices climbed on Tuesday on persistent fears that the heating oil supply would run short this winter when demand is expected to peak. Ongoing concerns about United States stock levels keep overall sentiment in the market bullish, said Julian Lee, an energy analyst with the London-based Centre for Global Energy Studies.

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/ 5 July 2005

Don’t fear change, says new Mauritian leader

The new Prime Minister of Mauritius, former opposition leader Navin Ramgoolam, on Tuesday urged islanders not to fear change after his victory in weekend polls, saying bolstering the country’s ailing sugar and textile industries will be his top priorities. ”The population has voted for change,” Ramgoolam said in a nationally televised address.

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/ 5 July 2005

R10 000 paid to kill a baby, court told

There were gasps in the Wynberg Magistrate’s Court on Tuesday when it was revealed that the former boyfriend of Cape murder accused Dina Rodrigues will testify that she had paid R10 000 for a contract murder on a baby. ”You told him, ‘I paid R10 000 to sort out the problem,”’ the state prosecutor said.

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/ 5 July 2005

Oilgate: Freedom Front faces lawsuit

Empowerment firm Imvume Management is suing the Freedom Front Plus for defamation, the party said on Tuesday. Two months ago, Imvume obtained a court order gagging the Mail & Guardian after the newspaper revealed that Imvume donated R11-million to the African National Congress before last year’s general elections.

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/ 5 July 2005

Teenager admits to unleashing internet worm

A German teenager confessed on the first day of his trial on Tuesday to creating the internet Sasser worm that waylaid millions of computers around the globe last year, a court official said. The Sasser worm had struck on May 1 and in less than a week hit thousands of companies and as many as 18-million computers worldwide.

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/ 5 July 2005

Deputy president wants less of ‘his story’

The country’s first female deputy president had a group of women in the palm of her hand as she elaborated on Tuesday on daily tribulations facing the fairer sex, at a conference on gender issues. There were murmurs of agreement and some giggles as Phumzile Mlambo-Ngcuka painted a picture of the day in the life of an average woman.

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/ 5 July 2005

Business confidence rises — for now

Although the business confidence index of the South African Chamber of Business increased in June to its highest level so far this year, there are economic developments that could adversely affect future confidence, the chamber said. The index increased to 128,2 in June this year from 127 in May.