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/ 18 August 2005

Building figures show drop in cheap houses

The latest data on building plans passed and residential buildings completed for the first six months of 2005 point to a sharp 43,5% drop in the number of lower-income, smaller houses completed and a 10% fall in the number of plans passed for such houses, according to Absa senior economist Jacques du Toit.

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/ 18 August 2005

Scorpions raid Shaik and Zuma’s houses

The Johannesburg residence of former deputy president Jacob Zuma and the offices of his attorney in Durban were searched by the Scorpions on Thursday morning, his attorney said. This comes after a similar raid at the home of Zuma’s financial adviser Schabir Shaik who is currently appealing a fraud and corruption conviction relating to his relationship with Zuma.

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/ 18 August 2005

Big freeze for Bafana in Iceland

The big freeze for Bafana Bafana in recent times continued in Reykjavik on Wednesday night when Iceland recorded an emphatic 4-1 win over South Africa in what was billed as a warm-up for next month’s critical World Cup qualifying game against Burkina Faso.

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/ 18 August 2005

Mugabe turns down mediation offer

Zimbabwean President Robert Mugabe has turned down an offer from former Mozambican leader Joaquim Chissano to mediate between the Zimbabwe government and the opposition, the former president said on Wednesday. ”President Mugabe said clearly there is no need [for] such talks,” Chissano told reporters.

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/ 18 August 2005

JSE down on profit-taking, oil concerns

The JSE opened weaker on Thursday on continued profit-taking as well as concerns about the level of the oil price and its impact on inflation and global interest rates, traders said. By 9.14am, the all share index lost 0,28%, Industrials and financials climbed 0,23% and 0,02% respectively, while the banks index was 0,1% in the red.

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/ 18 August 2005

Bulgaria unearths huge hoard of gold

A 4 200-year-old hoard of gold, comparable to the fabulous treasures of Troy, has been found in Bulgaria to the delight of archaeologists desperate to beat looters to tombs in the former communist country. The miniature pieces were unearthed in an ancient tomb in Dabene, 120km east of the capital, Sofia.

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/ 18 August 2005

US court hears of killer’s crimes

The families of the victims of the serial killer known as BTK — bind, torture, kill — on Wednesday heard and saw in graphic detail the depravity of the crimes he committed over more than 30 years. Dennis Rader terrorised and taunted the residents of Wichita, Kansas, committing 10 murders and sending rambling messages and poems to news outlets and the police.