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/ 18 November 2004

Demand for dollars slows rand’s rally

The rand remained firm below the R6-per-dollar level in late morning trade on Thursday, although importer demand for dollars was preventing it from fully capitalising on strength in the euro, which was trading near record highs. At 11.39am, the rand was quoted at R5,9468 per dollar from an overnight close of R5,9651 on Wednesday.

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/ 18 November 2004

Bill Gates receives four million e-mails a day

Internet junkies, take heart: Microsoft chairperson Bill Gates receives four million e-mails daily, most of them spam, and is probably the most spammed person in the world. But unlike ordinary users, the software mogul has an entire department to filter unsolicited e-mails and only a few of them actually get through to his inbox, Microsoft chief executive Steve Ballmer said in Singapore on Thursday.

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/ 18 November 2004

SARB to keep inflation targeting

The South African Reserve Bank (SARB) is likely to maintain its current monetary policy framework of inflation targeting for at least the next 10 years, despite temptations to focus more on promoting economic growth, according to Bernie de Jager, senior consultant at the SARB’s research department.

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/ 18 November 2004

Bill Clinton: The power and the story

Let’s get this out of the way: there is no sign of Monica Lewinsky’s blue dress in Bill Clinton’s personal monument to his immortality, a cantilevered span of steel and glass that houses the physical remains of his presidency. But the William J Clinton presidential centre, which opens on Thursday, is none the less a living mausoleum to America in the 1990s, redolent of the achievement, glitz and tawdry scandals that will endow his legacy.

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/ 18 November 2004

Seaweed vaginal gel could help curb HIV infections

South Africa is at the crest of a wave of international studies to test the safety and efficacy of a seaweed-based microbicide, which once inserted into a woman’s vagina could help prevent the spread of Aids. The study is particularly important in societies where women have difficulty persuading partners to use condoms. If proven to be efficacious, plans will be made to mass-produce and market the product.

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/ 18 November 2004

Widely panned, loos in China get clean-up

In the panoply of human rights, it isn’t the first to trip off the tongue. But more than 150 delegates at an international conference on Wednesday urged that it should be. The world toilet summit began in Beijing with experts demanding that access to and cleanliness of public loos should be a basic human right.

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/ 18 November 2004

Palestinian inquiry into Arafat’s death

The Palestinian leadership is to send a delegation to Paris in an attempt to establish the cause of Yasser Arafat’s death last week amid a growing belief among Palestinians that he was poisoned by Israel. The dispatch follows France’s refusal to permit Palestinian officials to see Arafat’s medical records on the grounds of confidentiality.

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/ 18 November 2004

Mystery remains over who killed Margaret Hassan

Iraqi authorities on Wednesday admitted they still had no clear idea about who killed the aid worker Margaret Hassan. Investigators are being hindered by the uniqueness of the case, and the complexity of the insurgency. In previous kidnappings, Iraq’s several insurgent groups have been quick to identify themselves and claim responsibility, using videos to make their demands.

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/ 18 November 2004

World more dangerous, warns Chirac

The French President, Jacques Chirac, expressed fresh doubts about the invasion of Iraq on the eve of his visit on Thursday to Britain, saying it had left ”the world more dangerous”. Chirac’s comment, in an interview broadcast on Wednesday night, came only 48 hours after he undercut Tony Blair by suggesting the British prime minister had failed to secure any concessions from George Bush in spite of supporting the war.

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/ 18 November 2004

Cabinet welcomes PIC buyout of Thintana shares

The South African Cabinet has welcomed the buy-out of 15,1% of Telkom’s shares held by Thintana by the Public Investment Commissioners (PIC). In a statement after its regular meeting in Cape Town, Cabinet spokesperson Joel Netshitenzhe said that the meeting had noted the process that had been entered into "to ensure that Telkom shares previously held by Thintana revert to South Africans."