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/ 31 August 2004

Income grant can support Aids care

If there was ever a critical moment for a universal income support mechanism such as a Basic Income Grant, it is now. This becomes very clear when looking at social security through the lens of the Aids epidemic. Nearly half of all South Africans live in poverty, half of these have no access to social grants and numerically speaking, South Africa has the largest HIV epidemic in the world.

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/ 31 August 2004

Signs of hope for India’s women

At an Aids support centre operated by Freedom Foundation, a private charity in Bangalore, the beautiful brown eyes of Rajni, a young Indian mother, look into a bleak future. Married at 14, she became a widow at 20 when her husband, who ran a small business, died of Aids-related illnesses — and she tested positive for HIV. A new initiative has been launched to help young women protect themselves against HIV.

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/ 31 August 2004

Up, up and away

Oil prices could still rise sharply in the coming months, two large investment banks have warned. Credit Suisse First Boston (CSFB) said oil could spike at to a barrel in the next year, while Deutsche Bank said this year is set to be the sixth successive one in which analysts have underestimated the strength of crude oil prices.

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/ 31 August 2004

Business tycoons lauded for boosting SA soccer

Business tycoons Tokyo Sexwale and Patrice Motsepe’s involvement in local soccer has been described as a positive step to end the sport’s Cinderella reputation in South Africa. ”We commend Motsepe and Sexwale,” said Mpumalanga Premier Thabang Makwetla at the official launch of Sexwale’s Mvela Golden League at the weekend.

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/ 31 August 2004

Everton in talks with SA’s McCarthy

English Premiership side Everton are in talks with European champions FC Porto to sign South African striker Benny McCarthy, private radio TSF reported on Tuesday. McCarthy was the Portuguese league’s top scorer last season with 20 goals but is not seen as a favourite of Porto’s new coach, Vitor Fernandez.

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/ 31 August 2004

Thatcher’s family slip out of Cape Town

The family of Mark Thatcher have quit his Cape Town home, bound for the United States. Thatcher was arrested in South Africa last week on suspicion of financing a coup attempt in oil-rich Equatorial Guinea. Thatcher’s Texan wife Diane and two children left their house on Monday evening, speeding past waiting journalists and through rush hour traffic escorted by guards in a second vehicle.