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/ 28 June 2005

Church’s chicken is coming to SA

Church’s Chicken, the world’s second largest fried chicken franchise, will soon be spreading its wings over the Western Cape. This follows the acquisition by a Stellenbosch-based company, Inkuku Holdings Ltd, of the American rights to establish a minimum of 50 Church’s Chicken outlets over the next five years.

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/ 28 June 2005

JSE flat with no key drivers

The JSE Securities Exchange was flat at midday on Tuesday with no clear drivers. Resources stocks BHP Billiton and Sasol, which were boosted by the high oil price, kept the market in neutral territory. At noon, the all share index was level. Resources were up 0,37%.

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/ 28 June 2005

Pirates ‘reserves’ get Bafana call-up

Lucas Thwala and Hleza Mofedi, who have battled for some time to find a place in the Orlando Pirates line-up, have received call-ups to join the Bafana Bafana squad for next month’s 12-nation Concacaf Gold Cup tournament in the United States. A surprising line-up points to local clubs refusing to make their star players available.

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/ 28 June 2005

Harksen scandal man gets a top DA job

The man who illegally processed cash for the Democratic Alliance that may have come from now-jailed fraudster Jurgen Harksen has been appointed the party’s provincial director in the Western Cape. Erik Marais paid a R10 000 fine in 2003 for violating foreign exchange regulations after his role was exposed in hearings of the Desai commission of inquiry.

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/ 28 June 2005

Eskom net profit R5,2bn vs R3,4bn

South African electricity utility Eskom on Tuesday reported net profit after tax of R5,2-billion for the 15 months ended March 2005, compared with R3,4-billion for the 12 months ended December 2003. Eskom attributed the strong performance to increased demand and improved efficiencies. Costs were also well contained, it said.