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/ 21 August 2003

Fakie rebuffs new arms deal claim

Auditor General Shauket Fakie on Thursday rebuffed claims that arms-deal investigators glossed over alleged irregularities in the procurement process. He also quashed an accusation that a subcontractor was allowed to drop its price to secure a deal after the "tender" had closed.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=19355">New arms deal claim emerges</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=19307">Fakie: No changes made to arms report</a>

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/ 21 August 2003

Absa branches out into rural areas

In what it calls a world first, South Africa’s biggest retail bank, Absa, on Wednesday launched a portable device that enables the bank’s staff or agents to capture accounts, issue debit cards and select PINs in areas where people have limited access to a physical bank branch.