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/ 9 February 2005

Standard Bank gets tough with non-compliers

South African banking group Standard Bank said on Wednesday that it has placed restrictions on the accounts of a small number of customers who have failed to comply with Financial Intelligence Centre Act requirements to reidentify themselves. These customers have ignored the bank’s repeated requests to reidentify themselves

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/ 9 February 2005

Mzansi: 6 000 accounts every day, and growing

The Mzansi bank account for low-income, previously unbanked people, saw 557 439 accounts opened by the first week in February, the Banking Council announced on Wednesday. ”Mzansi has been successful way beyond our and any other stakeholders’ expectations,” said Colin Donian, director of the Mzansi initiative.

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/ 9 February 2005

Sex-crimes accused coy about their little ‘red album’

The defence in the sex-crimes trial of Pretoria Advocates Cezanne Visser and Dirk Prinsloo tried to stop the viewing in court on Wednesday of a police video showing naked pictures of Visser as well as Prinsloo’s ex-wife, girlfriends and other friends. The defence asked that a portion of the video showing the pictures contained in the so called ”red album” not be shown to the court.

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/ 9 February 2005

Harmony bid for Gold Fields ‘a good try’

The bid by gold miner Harmony Gold for rival Gold Fields is "under water" and history shows that such a hostile offer has never succeeded, Gold Fields chief executive officer Ian Cockerill said on Wednesday. "In the history of hostile takeovers, 100% of all bids that are under water have never been successful," he said.

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/ 9 February 2005

Illness, not attack, killed patient, says health dept

Security at all Gauteng public hospitals will be reviewed, the province’s health department said on Tuesday, after the alleged rape of a terminally ill elderly woman in her hospital bed in a gynaecological ward at the Pretoria Academic hospital. The patient’s subsequent death was probably more to blame on her illness than the attack, the department said.

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/ 9 February 2005

Intel updates chips for business computers

Catching up with rival Advanced Micro Devices, Intel said on Tuesday it will ship a desktop PC microprocessor that can handle significantly larger chunks of data than most of today’s chips. The new 600-series Pentium 4s are the first Intel desktop chips that support a technology called 64-bit memory addressability.