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/ 30 November 2000

Court juggles hate speech hot potato

OWN CORRESPONDENT, Johannesburg | Thursday SOUTH Africa’s judiciary gets its first chance to address the constitutionality of hate speech in a case that went before the Johannesburg High Court this week. The Islamic Unity Convention (IUC) lodged an application with the court to set aside a decision by the Independent Broadcasting Authority (IBA) after complaints […]

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/ 30 November 2000

FLANDERS DONATES R1M FOR AIDS ORPHANS

BELGIUM’S regional Flanders government has handed over a donation of R1m to former president Nelson Mandela to help South Africa’s Aids orphans. Mandela, in a statement, said the money would be used for Project Goelama (Tswana for nurturing and protecting the young), a Nelson Mandela Childrens’ Fund HIV/AIDS programme for orphans. The visiting Minister-President of […]

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/ 30 November 2000

HANI KILLERS WAIT TO HEAR FATE

A FULL bench of the Cape High Court has reserved judgment in the application for amnesty launched this week by Clive Derby-Lewis and Janusz Walus, for the assassination seven years ago of South African Communist Party leader Chris Hani. Judge president John Hlophe said judgment would be given within the next couple of weeks. Earlier, […]

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/ 30 November 2000

KENYA CAPS BANK INTEREST RATES

THE Kenyan parliament has approved a bill capping interest rates commercial banks can charge, which until this week were as high as 30%. Once signed into law by President Daniel arap Moi, the bill, tabled by opposition MP Joe Akech Donde, will cap interest rates at three points above that of the central bank’s 90-day […]

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/ 30 November 2000

KENYAN VIOLENCE A CAUSE FOR CONCERN

TWENTY-ONE embassies and the European Commission in Kenya have expressed concern over an increase in political violence in Kenya in recent weeks. In a statement released through the Canadian High Commission, the foreign envoys made reference to several incidents of violence at recent political rallies in various parts of the country. The disruptions came after […]

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/ 30 November 2000

Angola seeks funding for $3.3bn refinery

OWN CORRESPONDENT, Lobito | Thursday ANGOLA is to seek backers in Houston next week for its proposed $3.3bn oil refinery in the southern coastal town of Lobito, a senior state oil company official said. ”We have arranged a meeting with potential technical and financial partners for December 5 in Houston,” said Amadeu Correia de Azevedo, […]

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/ 30 November 2000

INVESTEC BOOSTS STAKE IN FEDSURE

SOUTH African investment bank Investec says it has boosted its stake in financial services business Fedsure to 19% as part of its bid to buy the company’s insurance unit. Investec said last week it had agreed with Fedsure to buy the smaller company’s unit in a deal worth $735m, which would create South Africa’s second-largest […]

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/ 30 November 2000

Media group takes a beating

OWN CORRESPONDENT, Johannesburg | Thursday SOUTH African media holding group MIH Holdings has reported wider headline losses per share in the first half of the year due to higher development costs in its Internet and technology businesses. The pay TV firm said headline losses per share rose to 74.81 cents in the six months to […]

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/ 30 November 2000

R1,2M COCAINE BUST AT JO’BURG AIRPORT

SA Narcotics Bureau detectives confiscated about 4kg of cocaine worth R1,2m at Johannesburg International Airport, North Rand police said. The drugs were concealed in the luggage of a South African citizen arriving from Buenos Aires. The man was arrested and is expected to appear in court this week.

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/ 30 November 2000

STRIKE HITS $1.8BN NIGERIAN GAS PROJECT

WORKERS building a third production unit at a multinational liquefied natural gas plant in southern Nigeria have gone on strike over a locally-imposed levy, the company said. A spokesman for the operating company Nigeria LNG, co-owned by Anglo-Dutch oil group Royal Dutch/Shell, Italy’s Agip, French group Totalfina Elf and the state-run Nigerian company NNPC, said […]