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/ 24 August 2001

SHOPRITE PLANS TILLS BEYOND SA BORDERS

BIG South African food and furniture retailer Shoprite Holdings on Tuesday lifted annual headline earnings 27% and said it planned to accelerate its African expansion to counter subdued trading at home. ”For the next 18 months, we plan 15 stores for Africa, 12 for South Africa, 21 in Egypt and some 60-odd franchises in South […]

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/ 24 August 2001

We’re solid as a rock, Mboweni tells markets

Johannesburg | Friday FINANCIAL markets should learn to differentiate between developments in one southern African country and another, Reserve Bank governor Tito Mboweni said on Thursday. Mboweni was speaking at the University of South Africa after receiving the Department of Business Management’s award for excellence in managing the South African financial environment. Referring to the […]

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/ 23 August 2001

More cells, cops, for racism meeting? just in case

ADDITIONAL police and prison cells have been made available to police during the World Conference Against Racism to deal with offenders who ignored the strict security rules in place for the conference at the end of the month. KwaZulu-Natal police representative Director Bala Naidoo said a special court has also been established by the Justice […]

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/ 23 August 2001

Zimbabwe: let’s call a spade a spade

Johannesburg | Thursday RESERVE Bank Governor Tito Mboweni has blamed PAC secretary-general Thami ka Plaatjie and the Zimbabwean government for the slump in the rand, SABC radio news reports. In an off-the-cuff comment at an African investment seminar in Stellenbosch in the Western Cape, Mboweni said “the wheels had come off” in Zimbabwe. In a […]