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/ 12 April 2005

Liberty to restructure after merger

The Liberty Group said on Tuesday it believes the merger process with Capital Alliance provides the ideal opportunity to restructure the two businesses to obtain maximum synergies. The group has communicated some of its thinking on the proposed post-merger structure for the combined group.

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/ 12 April 2005

Thatcher pops into lap-dance club

Margaret Thatcher, the former British prime minister, has made a rare public appearance for her beloved Conservative Party — at a glitzy London lap-dancing club. Thatcher (79), toting her trademark handbag, turned up on Sunday at Stringfellow’s for a Tory fund-raising event ahead of the May 5 general election.

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/ 12 April 2005

Kenya seeks $1m compensation for oil spill

Authorities in Kenya are seeking -million in compensation from the Indian owners of an oil tanker that spilled 140 tonnes of crude into Mombasa harbour last week. Kenya’s National Environment Management Authority (Nema) asked the owners of the MV Ratna Shalini to pay 76-million shillings (-million) for the spill that forced a frantic clean-up effort.

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/ 12 April 2005

Cape taxi men lay siege to the city

A crowd of taxi drivers and operators besieged the Western Cape transport ministry building on Tuesday to protest against a proclamation closing several violence-wracked taxi routes. The proclamation, in effect since midnight on Monday, was issued by the provincial transport minister after months of shootings between rival taxi associations.

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/ 12 April 2005

SABC responds to new licence conditions

The South African Broadcasting Corporation (SABC) has submitted its response to the Independent Communications Authority of South Africa’s proposed licence conditions, saying it looks forward to working with the authority on the matter. The submission is part of a process to have the SABC comply with Broadcasting Act amendments.

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/ 12 April 2005

Economy sliding backwards, warns DA

Responding to the Department of Trade and Industry’s Budget vote on Tuesday in Parliament, the Democratic Alliance warned that while the economy has grown, its overall position has slid backwards. According to a recent survey, South Africa has slipped on an index of economic freedom from 53rd position last year to 56th this year.

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/ 12 April 2005

MDC to take seats in Parliament

Zimbabwe’s main opposition party said it will take its seats when the country’s new Parliament is inaugurated on Tuesday, despite branding the March 31 parliamentary polls as a massive fraud. ”Our parliamentarians will be there at Parliament today,” said a Movement for Democratic Change (MDC) spokesperson.