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/ 3 February 2004

Sharon plans to swap towns

Israel’s Prime Minister Ariel Sharon plans to hand over Arab Israeli towns to the Palestinians in exchange for settlement land in the West Bank in a future deal, his spokesperson Ranaan Gissin said on Tuesday. ”These exchanges can only take place if we have a Palestinian partner and terrorism is stifled,” Gissin said.

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/ 3 February 2004

Govt debates Road Accident Fund Bill

The Road Accident Fund Amendment Bill of 2003 and its successor were deliberated in the parliamentary committee on transport from November 19 to October 3. Minister of Transport Dullah Omar said deliberations in the committee were useful and that it should proceed with aspects of the Bill that are not contentious.

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/ 3 February 2004

JSE resilient in face of stronger rand

The JSE Securities Exchange South Africa (JSE) defied conventional wisdom on Tuesday by coming off its opening lows despite continued strength in the rand, which would normally weigh heavily on dual-listed and resources stocks. At midday the rand was quoted at R6,93 per dollar from R7,05 when the JSE closed on Monday.

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/ 3 February 2004

Killer storm returns to Madagascar

Tropical storm Elita hit the Indian Ocean island state of Madagascar early on Tuesday — returning to the country for the second time in a week — but there were no initial reports of casualties, weather officials said. Elita left two people dead and 5 000 homeless when it first hit the island on January 28.

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/ 3 February 2004

How to tame technology

Companies need to understand, identify and strategically manage emerging technologies if they want to gain the competitive edge. But why is it that most business leaders fail to recognise the opportunities that new technologies give birth to?