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/ 24 April 1997

Drawing a line under `odious’ debt

Third World debt resulting from bad lending policies of developed nations should be written off, says Desmond Tutu DEBT repayment has become an important mechanism for transferring wealth from developing countries to the financial giants of the northern hemisphere. According to the United Nations, developing countries paid US$1,662-trillion in debt that was due between the […]

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/ 24 April 1997

Sol’s gamble pays off

Sol Kerzner’s foray into the USgambling arena is set to proceed apace now that South African charges have been dropped, report Stefaans Brmmer and Ferial Haffajee SUN king Sol Kerzner was cleared of his decade-old Transkei bribery charges by default. Umtata Attorney General Christo Nel appears to have been swayed by a lack of evidence, […]

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/ 24 April 1997

SABC split over Sapa

A leaked memo shows that there are serious disagreements at the SABC over the termination of the broadcaster’s news service. Richard Siskind reports AFTER three weeks without Sapa’s news service, a split erupted this week at the SABC when a leaked internal memo from TV executive producer Jeremy Thorpe was reported to have said the […]

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/ 24 April 1997

Murdoch nets China

Media mogul Rupert Murdoch has overcome some of the biggest obstacles facing the progression of the Internet in China. Victor Keegan reports from London RUPERT MURDOCH’S launch this year of an Internet service in China in partnership with the People’s Daily is the latest in a series of breathtaking media manoeuvres that already make Citizen […]

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/ 24 April 1997

Pros and cons of sell-offs

Privatisation is not a panacea for all economic problems, particularly in Africa, where it is frequently part of structural adjustment programmes, writes Asghar Adelzadeh of the NIEP in the fourth of a series on economic policy PRIVATISATION has become increasingly prominent worldwide in the past 15 years and has now become extremely important in policy […]

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/ 24 April 1997

Azaguys spearheads ads

New black-owned agency Azaguys is a breed apart, pioneering the `imbizo’ concept to assist with their advertising campaigns. Ferial Haffajee reports BAKER MASEKO and Sipho Luthuli fly into the room in a whoosh of co-ordinated ties and shoes so shiny you can see your reflection in them. They’re all energy and pace; eyes darting everywhere […]

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/ 24 April 1997

Millionaires are now a dime a dozen

Pauline Springett in London THE number of people across the world worth more than $1-million has tripled in 10 years and now tops six million, according to a report published this week. This not-so-elite pool of people each with more than $1-million to his or her name has $17 000-billion at its disposal, a figure […]

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/ 24 April 1997

Zim’s burning issue

Roger Boka’s recent move into the tobacco industry signals an attempt to break up the white-dominated cartel, writes Jan Raath ROGER BOKA’S way of hating is unnerving. What he has said and written is crude, full of bad grammar, unreason and errors of fact. You think it has boiled up from brimstone in the pit […]

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/ 24 April 1997

The scramble for investment

A frenzy of activity around the Lubombo development in KwaZulu-Natal signals a drive to boost employment ahead of the 1999 elections. Jim Day reports THE need to show progress on one of the largest development proposals in Southern Africa has Cabinet ministers, the premier of KwaZulu-Natal and the MEC for economic affairs and tourism, all […]

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/ 24 April 1997

New revolution in TV

The computer industry, led by Bill Gates, is hoping to sell intelligent television to couch potatoes. Mark Tran reports from New York `WHAT’S the biggest innovation of the last 20 years in the TV industry? The remote control,” says Steve Goldberg, who manages the digital television marketing programme at Compaq Computer. The comment sums up […]