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/ 4 March 2004

JSE slightly weaker on firmer rand

The JSE Securities Exchange South Africa (JSE) was slightly weaker in noon trade on Thursday due to a slightly stronger rand, which weighed on heavyweight resources stocks. Dealers said that it had been a slow morning, with low volumes. At 12.10pm, the all-share index was down 0,26%.

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/ 4 March 2004

New strike by Swazi nurses enters second day

Swaziland’s nurses remained on strike for a second day on Thursday amid a last-ditch effort by the government to have the protest for wage arrears dating back to 2001 declared illegal. Last week’s crippling protest claimed the lives of at least seven patients, according to the strike organiser, the Swaziland Nurses Association.

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/ 4 March 2004

Pakistan denies offering Nigeria nuclear power

Pakistan on Thursday rejected Nigerian claims that its armed forces chief offered this week to help the African state acquire nuclear power. "We are denying it. This is baseless. He said nothing of this kind," said military spokesperson Major General Shaukat Sultan.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?ao=32158">Nigeria may become a nuclear power</a>

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/ 4 March 2004

Al-Qaeda leader arrested in Yemen

Security forces have arrested one of the top leaders of the al-Qaeda terror network in Yemen during a hunt for Islamic extremists in the southern province of Abyan, local officials said on Thursday. ”A senior official of al-Qaeda in Yemen who was wanted by the police was arrested Wednesday night,” one official said.

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/ 4 March 2004

Planned cutbacks lashed

”First wages were cut, now workers are just waiting to be told to pack their bags and go,” Joseph Talane, a worker at De Beers’s Cullinan mine, remarked gloomily this week. Talane’s job is under threat after De Beers announced its intention to fire 14% of its South African workers because of the continuing effect of the strong rand on earnings. Five of De Beers’s seven mines are running at a loss.