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/ 18 September 2001

NYSE: It could have been a lot worse

PHIL CHETWYND, New York | Tuesday WITH fists punching the air and cheers engulfing the vast trading floor, the world’s biggest stock exchange came back to life on Monday after its longest closure in 70 years, and fended off disaster. ”Welcome back to the greatest market on the face of the earth,” proclaimed New York […]

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/ 18 September 2001

R12-M PRESIDENTIAL FACILITY FOR CAPE AIRPORT

GOVERNMENT is to build a R12,6-million presidential arrival and departure facility at Cape Town’s airport to help beef up security, according to Public Works Minister Stella Sigcau. Briefing the media in Parliament, she said the tender process for the contract, to be undertaken on behalf of the SA National Defence Force (SANDF), would be fast-tracked. […]

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/ 18 September 2001

UMTATA MAYOR’S CAR SET ALIGHT

The private car of the mayor of Engcobo, near Umtata in the Eastern Cape, was set alight early on Sunday morning. Mayor Mthetheli Xundu said the incident occurred at about 3am. ”I heard the alarm of the car going off,” he said. ”When I looked outside the car was ablaze. With the help of neighbours […]

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/ 17 September 2001

S&P: ATTACKS WON?T DO LONG TERM DAMAGE

FINANCIAL ratings firm Standard & Poor’s said on Thursday it did not believe Tuesday’s attacks at the World Trade Center and the Pentagon would have a long-term adverse impact on the economy. “Our economic, financial and debt analysts continue to assess the situation and we are convinced that this will not have a negative long-standing […]

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/ 17 September 2001

Three more die in Zimbabwe farm violence

GRIFFIN SHEA, Hwedza, Zimbabwe | Monday DESPITE three separate agreements aimed at resolving Zimbabwe’s land crisis, three more people have died during the last week as violence in the countryside rages unchecked. The latest deaths came on Saturday, when two people died during a clash on a white-owned farm in eastern Zimbabwe. A 70-year-old farmer […]

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/ 17 September 2001

NIGERIAN POLICE DETAIN 300 OVER UNREST

POLICE have detained more than 300 people in Lagos over Christian-Muslim violence that left more than 500 dead in the city of Jos last week. It was not clear if all would be charged with some offences or if some had already been released after questioning. Nigeria was shaken by violence that broke out in […]

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/ 17 September 2001

DRC CHILD SOLDIERS AWAIT DEMOBILISATION

RWANDAN-backed rebels said on Sunday around 2 650 child soldiers are waiting to be demobilised in the territory it controls in the east of the DRC. Crispen Kabasele, head of exterior relations for the Congolese Rally for Democracy (RCD), said the majority of the children had been recruited by Alliance of Democratic Forces for the […]

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/ 17 September 2001

BANK OF ENGLAND SELLS GOLD AT $280.00 AN OUNCE

THE Bank of England sold 20 tons of gold, or 643_200 ounces, at $280,00 a troy ounce on Wednesday. The scheduled sale, which came in a disorientated market after yesterday’s US terror attack, was 4,3 times oversubscribed, with a scaling factor of 61,3818% applied to the successful bids at $280,00, the Bank of England said. […]