Staff Reporter
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/ 9 June 2005

Interest rate remains unchanged

The prime interest rate is to remain unchanged at 10,5% after the South African Reserve Bank opted on Thursday to keep the repo rate, at which it lends money to commercial banks, at 7%. This was announced by Reserve Bank Governor Tito Mboweni on Thursday after the bank’s monetary policy committee meeting.

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/ 9 June 2005

Mystery of the mummified family

Russian police who smelled something amiss when the owners of a Moscow apartment failed to pay their bills found four mummified corpses and a fridge full of out-of-date food. Investigators established that the bodies were those of four family members, who died at intervals over a five-year period.

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/ 9 June 2005

SAA still mystified by body on New York flight

South African Airways said it is still mystified by the identity and origins of a mutilated body found in the wheel-well of one of its aircraft that flew to New York. It has been reported that parts of the body fell out of the aircraft as the pilot lowered the aircraft’s wheels to land at New York’s John F Kennedy airport on Tuesday.