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/ 10 December 2004
Mark Schmidt came home last week. He is back in Tzaneen, Limpopo, after being in prison in Equatorial Guinea for eight-and-a-half months.
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/ 10 December 2004
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
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
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
On the African continent, growth is projected to accelerate to 4,5% in 2004 — the highest since 1996, the South African Reserve Bank (SARB) says in its latest quarterly economic bulletin released on Friday. The SARB said global output growth gained momentum from about mid-2003.
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/ 10 December 2004
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 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
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.
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/ 10 December 2004
”What about the MPs?” was the question on Monday when the seven travel agents arrested in connection with the R16-million Travelgate — Parliament’s travel voucher scam — appeared in court. Almost six months after the travel agents’ arrests, Travelgate remains a tangle of legal proceedings — from liquidations of the four implicated agencies, to high court action by Parliament to reclaim owed monies.
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/ 10 December 2004
South Africa ranks low in the bribery stakes, according to an international survey published by Transparency International — but it joins the majority of surveyed countries in the consensus that political parties are most affected by corruption. The survey was conducted among 50 000 respondents from 62 countries.