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/ 5 February 2004

JSE buckles under rand’s weight

The JSE Securities Exchange South Africa (JSE) was under pressure in noon trade on Thursday, with the stronger rand weighing on heavyweight dual-listed and resources stocks. The decline extended the bourse’s losing streak into its eighth day. At midday the rand was trading at R6,86 per dollar.

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/ 5 February 2004

De Beers sees another year of growth

World number-one rough diamond miner De Beers sees a third consecutive year of earnings growth in 2004 on the back of good global growth, De Beers MD Gary Ralfe said on Thursday. During 2004 De Beers sees a 7% increase in its diamond output, after increasing output by 9% in 2003 from 2002.

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/ 5 February 2004

Remains of missing Soweto boy found

The remains of Karabo Gwala, the three-year-old boy who had disappeared down a sewerage hole in Soweto while playing on Monday, were found on Thursday morning. A family representative identified the body by clothing after it had been found at the Olifantsvlei waste treatment plant.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=30671">Jo’burg council in trouble</a>

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/ 5 February 2004

Telkom bravely battles MyDoom

TelkomInternet, a division of partially privatised South African telecommunications giant Telkom, has quarantined more than 500&nbsp;000 virus-infected e-mail messages mostly infected with the MyDoom virus, the telecommunications company announced on Thursday.