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/ 26 January 2001

CHARLES TAYLOR SEEKS TO CLEAR HIS NAME

FACING a threat of sanctions, Liberian President Charles Taylor has told the UN he will resign if it can prove that he profited from sales of blood diamonds by rebels in Sierra Leone. In a letter to Secretary General Kofi Annan, Taylor asked the UN to set up “a blue ribbon panel” to investigate allegations […]

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/ 26 January 2001

DATATEC SELLS UUNET STAKE FOR $138.5M

SOUTH African information technology (IT) firm Datatec has sold its 76% stake in Internet Service Provider UUNET SA to US company WorldCom for $138.5m (about R1.05bn) in cash. The disposal remains subject to the approval of South Africa’s Competition Commission and the posting of a circular to shareholders. The proceeds will be used to reduce […]

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/ 26 January 2001

FRANCE PLEDGES $43.5M IN AID FOR AFRICA

THE French overseas development agency and a private subsidiary have pledged some $43.5m in aid to the southern African region. The French Development Agency (AFD) said it had approved a loan of 20m euros ($18.5m) for projects at South Africa’s higher education institutions and technical colleges. The loan will also be used for an AIDS […]