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/ 15 November 2004
The new Palestinian leadership on Sunday set January 9 for elections to choose a successor to Yasser Arafat as president of the Palestinian Authority. But in a sign of the potential upheaval the ballot could cause within the occupied territories, gunmen opened fire in protest at the arrival of Mahmoud Abbas, the former prime minister who is thought likely to win the election.
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/ 15 November 2004
South African-based Vodacom said on Monday that it was still interested in pursuing business opportunities in Nigeria, and planned on evaluating other opportunities in Africa. Vodacom is a pan-African mobile group providing GSM services to more than 13-million customers in South Africa, Tanzania, Lesotho and the Democratic Republic of the Congo.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=125539">Vodacom revenue up 20,3%</a>
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/ 15 November 2004
Low inflation is good for growth and employment, South African Reserve Bank Governor Tito Mboweni told French businessmen and corporate treasurers on Monday. "When we introduced inflation targeting, there were loud voices that said that the inflation target was too low and this would stifle growth," he said.
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/ 15 November 2004
Once famed for their white-sand beaches, the islands of the Pacific are threatened by a waste mountain. Rubbish now clogs streams flowing into the harbour in Samoa’s capital Apia, and floats through the mangrove forests of Fiji. Every part of the region is affected. And one of the biggest battles in many island societies, say experts, is raising awareness of the problem.
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/ 15 November 2004
One of the most flamboyant characters in hip-hop, the rap artist ODB, collapsed and died in a recording studio on Saturday at the age of 35. ODB, born Russell Jones, had complained of chest pains before collapsing outside his Manhattan studio and was dead by the time paramedics arrived.
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/ 15 November 2004
It is unlikely to be available in the mountains of Pakistan. But should Osama bin Laden ever emerge from his hiding place, he might do worse than to freshen up with a new brand of family perfume. Osama’s lesser-known half-brother Yeslam has just launched his own brand of scent.
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/ 15 November 2004
South African cellular operator Vodacom, in which Telkom has a 50% holding, on Monday reported a 20,3% rise in revenue to R13,594-billion for the six months ended September 30, while earnings before interest, tax, depreciation and amortisation increased by 13,4% to R4,192-billion.
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/ 15 November 2004
South African telecommunications group Telkom on Monday reported a 59,8% rise in headline earnings per share to 536,9 cents for the six months ended September 30, from 335,9 cents a year ago. The group reported operating revenue of R21,52-billion from R20,036-billion a year earlier.
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/ 15 November 2004
African Bank Investments Limited (Abil) said on Monday that the corruption debacle involving its Gilt Edged Management Services (Gems) subsidiary is an isolated issue and will not affect the group’s ability to deliver on its financial targets. Gems has pleaded guilty to charges of corruption resulting from payments made to union officials.
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/ 15 November 2004
Telecommunications group Telkom has filed for an average tariff increase of 0,2% for 2005, the group disclosed on Monday. The group said it has filed its 2005 tariff adjustments with the Independent Communications Authority of South Africa (Icasa), in accordance with the Telecommunications Act.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=125537">Telkom interim earnings up 59,8%</a>