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/ 13 May 2004

Bargain hunters buoy JSE

The JSE Securities Exchange South Africa (JSE) was in positive territory in noon trade on Thursday after bargain hunters, encouraged by the Dow’s rebound late on Wednesday, returned to the market after its recent sell-off. A softer rand also helped the local bourse.

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/ 13 May 2004

Didata returns to profitability

South African London-listed information technology group Dimension Data (Didata) on Wednesday reported a return to profitability, after two reporting periods of losses. The group reported interim basic earnings per share of 0,1 US cents for the six months to March 31, 2004, up from a 2,2 US cents loss in the previous comparative period.

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/ 13 May 2004

New govt plan to boost domestic tourism

South Africa’s Department of Environmental Affairs and Tourism has launched the government’s Domestic Tourism Growth Strategy, a three-year plan aimed at encouraging South Africans to travel more frequently in their own country. The strategy was unveiled at the Tourism Indaba 2004 in Durban this week.