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/ 22 May 2001

African states plan risk insurance agency

OWN CORRESPONDENT, Cairo | Monday AN insurance agency specialising in providing political risk insurance to traders doing business in conflict-ridden Africa will be launched on August 31 this year in Uganda, the head of a regional group said on Sunday. Secretary General Erastus Mwencha of the Common Market for Eastern and Southern Africa (COMESA) said […]

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/ 22 May 2001

AFRICAN FIRST LADIES AGAINST AIDS

ELEVEN African First Ladies held their own summit in Rwanda’s capital Kigali Sunday as part of the fight against Aids which includes 25 million sufferers in Africa. The three-day gathering ending on Tuesday would come up with a plan of action against Aids in Africa by 11 wives of presidents of sub-Saharan Africa, said the […]

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/ 22 May 2001

600 SOLDIERS DISARMED IN SIERRA LEONE

A TOTAL of 354 Sierra Leonean rebels and 255 fighters from a state backed militia had handed-over their weapons by the third day of a disarmament pact in the war-ravaged north of the country, a UN representative said. Rebels of the Revolutionary United Front (RUF) disarmed at several collection points over the past few days […]

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/ 21 May 2001

$10M TO KICKSTART NIGERIAN PRIVATISATION

BRITAIN has pledged $10m over the next five years to support Nigeria’s slow-moving privatisation programme, officials of both countries said on Wednesday. Talks were still under way over how the money will be spent, with no direct grants but funding to be made available for seminars, skills training and capacity building, they said. “The assistance […]

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/ 21 May 2001

SA STOCKS RISE ON MINERS

THE South African bourse sprinted to a record high on Thursday powered by strong overseas markets and a firmer gold price, dealers said. Shortly after the open the all-share index had surged 2.02% to 9,456.6 on brisk demand across the board, dealers said. The index has risen around 36% from levels seen in April 2000. […]

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/ 21 May 2001

PUTTING TWO AND TWO TOGETHER

A WOMAN told police that she bit the testicles off a man attempting to rape her, Chicago media reported over the weekend. The 42-year-old woman from the suburb of Evanston appeared at a police station, reported that she was attacked, and handed over the evidence. Police stored the testicles in a biohazard evidence container. When […]

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/ 21 May 2001

MAURITANIA’S OFF-SHORE OIL STRIKE

OIL has been struck offshore from Mauritania, in northwest Africa, Australian exploration company Woodside Petroleum Ltd. announced here on Wednesday. Woodside, operator and 35 percent stakeholder of the Mauritania Area B joint venture, said the Chinguetti-1 exploration well, 80km offshore, intersected several oil-bearing sandstones. A shallower secondary objective contained gas-bearing sandstones, it said. Woodside said […]

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/ 21 May 2001

MATHS TEACHER IN COURT OVER DRUGS

A RESPECTED maths teacher has been arrested for allegedly being in possession of 1 000 ecstasy tablets which police believe he was selling to schoolchildren, The Sunday Times reports. Mohamed Essop, who previously taught at an exclusive Christian private school in Johannesburg and now gives private lessons, appeared in court this week on charges of […]