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/ 12 January 2004

‘They are just after my assets’

Andrew Lionel Phillips, facing charges relating to operating three alleged brothels in Johannesburg’s northern suburbs, appeared in the city’s regional court on Monday. ”I have been singled out because the Asset Forfeiture Unit identified me as a source of sizeable assets,” Phillips said.

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/ 12 January 2004

Giving your boss the finger

Long before the first United States-bound travellers had their fingerprints scanned by the US Department of Homeland Security, farm workers in rural South Africa were using biometrics to clock in at work each morning. Workers on a grape farm near Upington now have their fingerprints scanned when they arrive and leave work each day.

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/ 12 January 2004

Zim ruling-party MP in fraud probe

An outspoken Zimbabwean businessman and senior ruling-party lawmaker, Phillip Chiyangwa, arrested at the weekend for obstructing the course of justice in a fraud probe, is due to appear in court on Monday, police said. Chiyangwa was arrested during investigations into the ENG Capital asset management company.

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/ 12 January 2004

SA house prices up 19% for December

South African house prices slowed somewhat to a nominal increase of 19% year-on-year (y/y) in December 2003 from 19,6% y/y in November, according to South African commercial bank Absa’s monthly house price index (HPI) released on Monday. The recent highest nominal y/y increase was 20,9% in May 2003.

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/ 12 January 2004

No end in sight to airport strike

Although hopes were running high in some quarters on Monday that the 26-day-old strike by airport baggage handlers might soon come to an end, it would appear there is still some way to go. This follows a high level meeting last week between the employer, Equity Aviation Services, and the Congress of South African Trade Unions.

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/ 12 January 2004

Organic beef benefits from mad cow scare

The discovery of a Holstein with mad cow disease in the United States has producers and sellers of organic and natural beef changing their marketing tactics to make the case — sometimes starkly — that their meat is free of the disease. To be certified as organic, beef must come from cattle fed vegetarian diets.

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/ 12 January 2004

IFP: ‘We will bring hope’

South Africa’s largest opposition party, the Inkatha Freedom Party, will launch its national election campaign in Durban, KwaZulu-Natal, on Sunday January 18. The pro-free-enterprise party is expected to underscore the importance of fast-tracking privatisation of state-owned enterprises.
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