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/ 7 December 2004

Survey: Mbeki spends too much time out of SA

South Africans think President Thabo Mbeki spends too much time out of the country, a survey on foreign affairs has found. Asked if Mbeki devotes too much time to Africa and too little to South Africa, 62% agreed. On the Zimbabwe question, only 11% of those interviewed felt President Robert Mugabe is doing a good job.

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/ 7 December 2004

Analysts’ downgrades knock JSE

The JSE Securities Exchange (JSE) was weaker in noon trade on Tuesday, led lower by resources and telecommunications stocks, which were knocked by analysts’ downgrades. Trade was brisk, with about R1,5-billion-worth of shares changing hands. By 12.03pm, the all-share index slipped 0,65%.

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/ 7 December 2004

Gold Fields, Iamgold merger rejected

Shareholders of world number four gold-miner Gold Fields on Tuesday voted down the merger of the group’s international assets with those of Canada’s Iamgold. This could pave the way for Harmony’s bid to merge with Gold Fields to form the world’s largest gold-miner to continue.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=176163">Harmony lauds rejection of deal</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=176178">Union welcomes rejection of merger</a>

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/ 7 December 2004

The internet ate my homework

Even when he’s asleep, Scott Kearnan is hooked into the internet. He just turns down the volume on his computer, so he’s not awakened by the ”brrring” of a late-night instant message. ”It’s become something for me that’s almost like a telephone. I may not use it, but it could ring anytime,” says the 22-year-old, who works for a search-engine marketing company. ”If I don’t have it, I feel cut off.”

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/ 7 December 2004

Silver lining to SA’s wine scandal

Although denting the reputation of South African wine producers over the short-term, the uncovering of KWV’s use of additives in two of its Sauvignon Blanc wines can have a positive long-term impact on the local wine industry’s image overseas, according to Paul Pontallier, managing director of Ch&acirc;teau Margaux, the world-famous Bordeaux wine estate.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-National&ao=176088">KWV names, shames winemakers</a>

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/ 7 December 2004

Storm-struck Philippines runs out of rescue funds

Stunned residents picked their way through a wasteland of mud and rubble to leave storm-ravaged areas of the Philippines on Tuesday as the government said it has run out of money to pay for relief services. The damage bill is expected to run into billions of pesos in a country already strapped for cash.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-InternationalNews&ao=176103">1 400 dead or missing</a>

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/ 7 December 2004

Eritrean president rejects Ethiopian peace proposal

Eritrean President Isaias Afwerki on Tuesday rejected an Ethiopian peace proposal made in late November, in what was his first declaration on the issue, an official statement said. The Ethiopian proposal ”contains no new developments” and it would ”drag the peace process another step backwards,” he insisted in a statement published by the Eritrean information ministry.

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/ 7 December 2004

The pitter-patter of tiny tentacles

It was a romance that really had legs: young Aurora, a female giant octopus, and her aging cephalopod suitor J-1 were thrown together for a blind date seven months ago by aquarists who hoped the two would mate. By all appearances, their fling was a success, but the resulting eggs seemed sterile — until the aquarists started draining Aurora’s tank.

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/ 7 December 2004

Will the Iamgold merger deal pass?

The crucial Gold Fields shareholder vote on whether to merge Gold Fields’ international mining assets and those of Canada’s Iamgold is set to take place on Tuesday, with the result hanging in the balance. Gold Fields holds an extraordinary general meeting on the Iamgold transaction from 9am on Tuesday.