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/ 12 October 2004

Body snatchers target life insurers

A growing number of fraud scams are being run by organised crime syndicates where criminals take out policies on fictitious people and then submit claims in respect of these policies using fake identity documents and unclaimed corpses from mortuaries, according to Cape Town-based insurance underwriter Desmond Smith.

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/ 12 October 2004

Arch Equity builds up BEE profile

Black economic empowerment (BEE) financial services group Arch Equity is rapidly building up its asset base to become one of the largest BEE players in the Western Cape, with plans to list on the JSE Securities Exchange before year-end. CEO Desmond Lockey said the company has already started the process to list the company on the JSE.

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/ 12 October 2004

For the sixth time, no whaling, Japan!

Members of the Convention on International Trade in Endangered Species (Cites) on Tuesday in Bangkok voted down — for the sixth time in a row — Japan’s proposal to legalise trade in minke whales. The 13th Cites conference of parties voted 67 against, 55 in favour and 14 abstentions on Japan’s proposal.

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/ 12 October 2004

Bush, Kerry gear up for final debate

With polls showing the United States presidential race too close to call, the incumbent George Bush headed for the Rocky Mountain state of Colorado on Tuesday to shore up his Republican base there while preparing for his last nationally televised face-off with Democrat John Kerry.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-InternationalNews&ao=123541">TV channels to rubbish Kerry</a>

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/ 12 October 2004

Iraq mosque raids anger residents

Iraqi forces backed by United States soldiers and marines raided mosques on Tuesday in the insurgent stronghold of Ramadi and detained a prominent cleric following fierce clashes that hospital officials said killed at least four people. Angry residents accused Americans of disrespecting the sanctity of city mosques.

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/ 12 October 2004

Mozambique limits election observers’ access

Mozambique’s National Elections Commission has announced it will not give observers access to all stages of the vote counting in December’s presidential and parliamentary elections. The decision has prompted an angry objection from the European Union, which plans to send one of the largest observer missions to the election.

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/ 12 October 2004

Teenager defrauds eBay customers of $80 000

A 16-year-old Welsh teenager has defrauded customers of the internet auction site eBay out of the equivalent of 000 by offering non-existent electronic goods, British press reports said on Tuesday. The unnamed teenager, who has turned 17 since being caught in October last year, used the money to finance a lavish lifestyle.

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/ 12 October 2004

Father refused permission to name son @

Officials in central China have refused a father permission to name his son ”@”, a news report said on Tuesday. The father from Zhengzhou, Henan province, wanted to name his son after the computer keyboard character used in every email address, arguing that the symbol was now in common usage.

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/ 12 October 2004

Rural areas to benefit from new debit card

Capitec Bank and MasterCard Southern Africa on Tuesday announced a pilot of the world’s first pre-authorised debit card based on the EMV standard, in the town of Phuthaditjhaba in the Free State. The new debit card is specifically designed to provide a straightforward, low-cost banking product with easy access to the mass market.