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/ 10 October 2003
The South African economy required further "aggressive" interest rate cuts of up to 400 basis points in order to align it with economic fundamentals in its major trading partners and to slow the rate of appreciation of the rand against the major currencies, according to Standard Bank group economist Iraj Abedian.
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/ 10 October 2003
<b>CD of the week:</b>
<i>Various: Jazz Impressions Volume 1</i>
This is certainly a laid-back compilation, suited to soft, peach-coloured sunsets and sea breezes. This is not an edgy, knock-your-socks-off display of the flashy talents of green jazz cats. It’s a beautiful, balanced, accomplished album, writes
Michelle Matthews, reviewing our choice of the week, <i>Jazz Impressions Volume 1</i>.
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/ 10 October 2003
The Geraas music awards return for the third year and Karen Zoid leads the pack, writes Riaan Wolmarans.
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/ 10 October 2003
In the catalogue for the Brett Kebble Art Awards, entrepreneur Kebble asks the salient, if rhetorical question: "Art? What does a businessman know about art? As much, I suppose, as an artist knows about business." Yet the Brett Kebble Art Awards have won kudos in the fickle world of art patronage, writes Chris Roper.
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/ 10 October 2003
The annual Noma Award for African Literature, the leading award given to works from this continent, has been won by Elinor Sisulu for her biography of Walter and Albertina Sisulu. She will receive prize money of US 000. The award is sponsored by the Japanese company Kodansha.
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/ 10 October 2003
The minimum-wage law designed to protect farm workers has cost many of them their jobs and their living conditions have deteriorated, argued Blade Nzimande, general secretary of the South African Communist Party, in the party’s monthly Internet newsletter, Umsebenzi,.
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/ 10 October 2003
A staggering 70% of companies did not submit their employment equity (EE) reports by the October 1 deadline despite assurances from the South African Chamber of Business (Sacob) that all companies would comply.
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/ 10 October 2003
The KwaZulu-Natal legislature is expected to subject Jo-Anne Downs, an African Christian Democratic Party member, to disciplinary action for giving a confidential auditor general’s report about financial irregularities in the House to the Mail & Guardian.
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/ 10 October 2003
A senior black manager at the Post Office said she was told this week she could not book into an upmarket hotel in Bushbuckridge because she was black. But the hotel administration has denied this, saying she was prevented from entering because she had not made prior reservations.
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/ 10 October 2003
Controversial mining tycoon Brett Kebble has launched an extraordinary attack on the Scorpions boss Bulelani Ngcuka for alleged ”slanderous and racist” remarks he made against the businessman. According to Kebble the remarks were made at a private briefing by Ngcuka attended by several newspaper editors in July.