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/ 22 June 2005

SA under-21 team book a place in the final

South Africa held off defending champion New Zealand 16-12 on Tuesday and will play Australia in the weekend final of the world under-21 rugby championship. Australia defeated France 28-16 in the other semifinal. South Africa controlled the ball early and Cedrik McKize broke through the centres to score a 19th-minute converted try.

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/ 22 June 2005

SABC on steroids

The South African Broadcasting Corporation is almost too bulky to run and now it’s going to get even bigger. The 900-pound gorilla gained formal approval from the Independent Communications Authority of South Africa last week to put on extra weight. Thus, implementing government policy, the regulator has given the green light for SABC TV 4 and 5, pending funding — probably from Parliament.

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/ 22 June 2005

Mbeki expected to name new deputy

President Thabo Mbeki is expected to name South Africa’s new deputy president on Wednesday. Government spokesperson Joel Netshitenzhe said Mbeki would make a ”relevant announcement” with regard to changes in his Cabinet. When asked if the announcement would include that of a new deputy president, Khumalo said: ”I assume it will.”

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/ 22 June 2005

De Beers opens New York store amid protest

Plans by De Beers to expand its diamond retail empire with the opening of a new shop on Wednesday on Fifth Avenue in New York will be dogged by controversy after a human rights group called for a boycott. Survival International said it had enlisted the American feminist Gloria Steinem to join a picket line urging people not to enter the shop.

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/ 22 June 2005

Moving on up

In the industrial landscape around the Johannesburg inner city, about 24 000 migrant men live in single-sex hostels. A further 15 000 men and women live in informal settlements. Sixty-eight percent of the men and 80% of the women unemployed. But a programme called Mpilonhle-Mpilonde is upgrading the quality of life in hostels and informal settlements through group-based learning.

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/ 22 June 2005

Barclays to coin it on bank charges

Absa bank stands to be the biggest loser should the Competition Commission start an investigation into banking fees in South Africa, and this could have implications for Barclays if the deal goes ahead. The Falkena report, which analysed competition in local banking, has called for increased competition but it is unlikely the Barclays deal will start a price-cutting war.