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/ 1 April 2005

US spies ‘dead wrong’ on Iraq’s weapons

United States spy agencies were ”dead wrong” in ”almost all” of their pre-war judgements about Iraq’s weapons of mass destruction capability, a commission said on Thursday. The report reveals that US intelligence still knows ”disturbingly little” about the weapons programmes in other potentially dangerous nations.

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/ 1 April 2005

Grasslands scoops BEE deal of the year

The 2005 <i>BusinessMap</i>/<i>Business Report</i> Black Economic Empowerment (BEE) Awards were announced in Sandton on Thursday night, with the prestigious BEE deal of the year going to Grasslands Development Trust’s purchase of 100% of Grasslands Agriculture. The awards celebrate the top achievers in BEE.

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/ 1 April 2005

Pope given last rites

Pope John Paul II has suffered septic shock and a heart attack, and his condition is "very serious", Vatican spokesperson Joaquin Navarro-Valls said on Friday. "Following a urinary-tract infection, septic shock and a cardiocirculatory collapse occurred," Navarro-Valls said in a statement. The pope received the last rites on Thursday evening after suffering the heart attack.

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/ 1 April 2005

DRC alert over virus outbreak

The Democratic Republic of Congo (DRC) has set up a quarantine zone along the frontier with Angola in response to fears that a recent outbreak of the deadly Marburg virus could spread across the 1 750km border. Congolese Health Minister Emile Bongeli said: "Though there are no signs of any cases in the DRC, we live with the threat of another outbreak, so we are taking precautions."

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/ 1 April 2005

Rate cut window firmly shut

A chance of a rate cut by the South African Reserve Bank later this month was put out of reach by this week’s weakening of the rand, persistently high oil prices, a widening current account deficit and robust credit growth. On Thursday, the Reserve Bank reported that private sector credit extension in February grew by 17,01% compared to a year earlier, up from 15,22% in January.