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/ 2 October 2003

Futures-related buying buoys JSE

Futures-related buying propelled the JSE Securities Exchange South Africa (JSE) into the black on Thursday morning, with the market showing gains across the board in noon trade. Volumes were extremely light, with less than half a billion rands’ worth of shares changing hands.

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/ 2 October 2003

Tussle for Nail hots up

The tussle for media group New Africa Investments Limited (Nail) has hotted up with Phaphama Holdings, Nail’s controlling shareholder, announcing that it plans to support the Tiso consortium in its bid for Nail. The Tiso consortium is one of two consortia bidding for the media group.

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/ 2 October 2003

Olé Opel Meriva

Delta has launched a new offering in the compact MPV class with the Opel Meriva, smaller brother to the Zafira. The Meriva uses the crafty FlexSpace seating system to rapidly configure its interior without removing any seats

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/ 2 October 2003

Israeli Cabinet extends ‘security fence’

Ariel Sharon’s cabinet has agreed to extend Israel’s controversial ”security fence” to encircle Jewish settlements deep in the West Bank, moving closer to formally annexing hundreds of square kilometres of Palestinian territory. Palestinians say it will wreck the possibility of creating a viable Palestinian state.

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/ 2 October 2003

Saddam ‘seen’ five days ago

Saddam Hussein was reportedly seen in the northern Iraqi city of Kirkuk five days ago and is moving in increasingly smaller circles in order to evade capture, Jalal Talabani, a leading member of Iraq’s governing council, said yesterday.