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/ 10 December 2004

Suspend ‘secret’ arms deal, says DA

The secret arms deal to acquire between R8-billion- and R14-billion-worth of highly sophisticated military transport aircraft should be suspended until a meeting is held by the parliamentary joint standing committee on defence, says official opposition Democratic Alliance MP Rafeek Shah.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=Insight-National&ao=176333">No plane, no gain?</a>

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/ 10 December 2004

Bargain-hunting, rand lift JSE

The JSE Securities Exchange (JSE) was in positive territory in noon trade on Friday, with a weaker currency supporting heavyweight rand hedge stocks. Bargain-hunting was also seen in counters that were oversold over the past couple of days, further lifting the local bourse.

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/ 10 December 2004

Plans for Wild Coast toll road reach dead end

The authorisation and record of decision giving the go-ahead for the construction of the N2 Wild Coast toll road, issued by by the Department of Environmental Affairs and Tourism in December last year, has been set aside. However, appeals against the reconstruction and upgrading of the N2 between Tsitsikamma and Witelsbos were rejected.

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/ 10 December 2004

JSE boasts a world first

The JSE Securities Exchange (JSE) on Friday became the first major stock exchange in the world to report its financial statements according to International Financial Reporting Standards using eXtensible Business Reporting Language (XBRL), which streamlines and simplifies the flow, preparation and analysis of financial reports and accounting data.

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/ 10 December 2004

Single test for the tertiary set

An unprecedented agreement among tertiary institutions will see all higher education institutions implement a single entrance exam by 2008. This could soon clear up widespread confusion about what entry requirements school leavers need for higher education, raise the quality of tertiary graduates, and in turn enable higher education to address the dire skills shortages far more effectively than it now does.

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/ 10 December 2004

Digital music market takes a swim and a jog

Digital music players have gotten smaller and sexier this holiday season, hidden in gold necklaces, tucked into sweaters, and squeezed into earpieces for swimmers. The market for flash cards that store everything from text and photos to music has blossomed this holiday shopping season, with companies offering ever more novel products in the fiercely competitive digital music business.

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/ 10 December 2004

Streets paved in cardboard

Lindiwe Mvula is eighth in line, waiting with her trolley outside a recycling plant in Johannesburg’s Newtown. She’s there to sell the used cardboard and plastic she collects and she isn’t pleased with her haul. At the rate of 25c a kilo of cardboard she reckons it’s worth about R20 — not a lot for a hard day’s work. Mvula is just one of many who collect Jozi’s consumer cast-offs to make a living.