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/ 3 June 2005

Scandal to hit Parliament

MPs will, after all, get a chance to quiz state-owned oil company PetroSA about the circumstances of its double payment of R15-million for oil condensate arranged by Sandi Majali’s Imvume Management, and Imvume’s subsequent R11-million donation to the African National Congress.

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/ 3 June 2005

Big bash hangover

The African National Congress Youth League’s extravagant anniversary bash last year has landed the ruling party’s youth wing in financial hot water. Papers before the Johannesburg High Court reveal that the youth league is struggling to settle debts resulting from the celebration.

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/ 3 June 2005

Stiff test for Lions in New Zealand opener

The British and Irish Lions kick off what coach Clive Woodward calls ”the last great rugby tour” on Saturday with a match more important than the strength of their opponents suggest. Bay of Plenty, hosting the match at Rotorua, is among the weakest of New Zealand’s first division sides and wouldn’t normally be expected to tax a Lions team that includes as many as 12 test players.

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/ 3 June 2005

Affording your dream car

When buying a car, few people are fortunate enough to pay cash. After your house, it is probably your biggest financial commitment and a big-ticket item on your budget. Before you start pounding the showrooms or flipping through the AutoTrader, you need to know exactly how much you can afford.

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/ 3 June 2005

Vodacom, Virgin eye stake in Nigerian V-Mobile

Vodacom, in partnership with United Kingdom-based virtual network operator Virgin Group, late on Thursday confirmed their intention to launch a joint bid for a major shareholding in mobile operator V-Mobile Nigeria. The partners said their intention is to bring together their extensive expertise in the mobile telephony market.

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/ 3 June 2005

Copying an awful recipe

The most ominous thing about the judicial censorship of a report in this newspaper last week is the virtual silence that has been the response from the African National Congress. Asked by a weekend newspaper for comment, Smuts Ngonyama, head of the ANC presidency, declined to say anything. He didn’t even duck behind one of the usual threadbare excuses of the ANC.

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/ 3 June 2005

Price comparison website falls to eBay’s $620m bid

EBay has agreed a m deal to buy Shopping.com, as part of an effort to offset slowing growth in its core business of online auctions. The deal is eBay’s largest acquisition since it paid ,5-billion for the online payment firm PayPal in 2002. Shopping.com is a price comparison website, allowing users to hunt down the cheapest prices for whatever they are trying to buy.

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/ 3 June 2005

Israeli soldiers tell of revenge attacks

Two Israeli soldiers on Thursday claimed they were ordered to carry out a series of revenge attacks on Palestinian policemen after the killing of six soldiers by militants. One soldier, from the Yael reconnaissance unit, described a ”crazy blood revenge rush” on the day of the attacks three years ago. ”I really enjoyed it,” he said.