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/ 30 May 2003

Consumer inflation down to 8,5%

South Africa’s CPIX inflation (headline inflation excluding mortgage costs) was up 8,5% year-on-year (y/y) for metro and other areas in April compared with a revised 9,3% (11,2%) in March, Statistics South Africa (Stats SA) said on Friday. CPIX was up 0,3% month-on-month (m/m).

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/ 30 May 2003

Hasta Manana

Mpumalanga’s hardline health MEC Sibongile Manana may have finally met her match. The defiant former nurse has endured a string of sordid corruption scandals and last week stunned commentators by surviving an open revolt by African National Congress legislators who branded her department a national disgrace.

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/ 30 May 2003

Who are the real beneficiaries?

Kase Lawal, the man who scooped South Africa’s Nigerian oil deal, was quoted in a 1999 interview as saying that to team up with local partners is the best way to navigate ”cumbersome” government bureaucracy. ”We add financing and technical expertise, and they provide political landscape experience, relationships and credibility.”