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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>
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/ 15 November 2004
When Tony Blair was attending the recent Commission for Africa meeting in Addis Ababa, there was a rumour that his plane had been sent on a 1 600km round trip to Nairobi to pick up his dinner. The story turned out to be a myth, but it suited the popular image of Ethiopia as a country continually beset by famine. However, Live Aid and those horrific newsreel images were 20 years ago, and any traveller who has been there in the past few years will tell you that it is an undiscovered jewel.
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/ 15 November 2004
South African wheat futures on the JSE Securities Exchange South Africa’s agricultural derivatives division, or Safex, on Monday touched a three-week high on spill over strength from the maize market, as well as thoughts about a much lower local wheat crop than previously expected.
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/ 15 November 2004
The South African Democratic Teachers’ Union (Sadtu) on Monday said it is disappointed at the lost opportunity of finding a lasting solution to the educator backlogs issue as a result of the stance taken by Minister of Education Naledi Pandor and Minister of Public Service and Administration Geraldine Fraser-Moleketi.
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/ 15 November 2004
Listed retailer Woolworths Holdings plans to repurchase R1-billion of its own shares using the proceeds from a securitisation of its in-store card book, the company revealed on Monday. The move could possibly be in preparation for a future black economic empowerment deal.
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/ 15 November 2004
The National Sea Rescue Institute (NSRI) said on Monday that an elderly swimmer had been reported missing after a ”huge” great white shark was spotted at Fish Hoek near Cape Town on Monday morning. NSRI spokesperson Craig Lambinon said a full-scale search was under way for the elderly woman.