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/ 4 September 2007

Local deals help lift JSE

The JSE was a bit firmer by midday on Tuesday as a number of local deals buoyed sentiment for buyers. The local bourse was also getting positive direction from the FTSE, which was down in early trade, but recovered during the morning. By midday on the JSE, the all-share index was up 0,30%.

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/ 4 September 2007

Agritourism throws lifeline to Italian farmers

Like many farmers, Martin Busin works from dawn till nightfall, but he still needs the help of his cafe-au-lait cow, Miss, to bring in tourists to keep afloat his smallholding in Italy’s mountainous Alto Adige region. With little farming land and over a million high-cost small farms, Italy started opening farms to tourists in the mid-1960s.

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/ 4 September 2007

France succumbs to rugby mania

While most French presidents have avoided sport, Nicolas Sarkozy prides himself on televised jogging sessions, cheering the Tour de France and appearing in the stands of the Paris Saint Germain football team. Now he is reinventing himself as a rugby fan to take maximum political advantage of the World Cup that begins in France on Friday.

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/ 4 September 2007

Most Chinese children spent holiday online

The vast majority of Chinese schoolchildren chose to stay home and surf the internet during the summer holidays rather than play outside, state media said on Tuesday. The poll of 103 children aged four to 14 found that just 4% chose to do outdoor activities during the holidays and only 9% took part in summer educational camps

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/ 4 September 2007

FirstRand plans to cut stake in Discovery

South African banking group FirstRand plans to reduce its stake in health insurer Discovery Holdings, giving its shareholders a direct stake in the company, it said on Tuesday. The unbundling, for which FirstRand will seek shareholder approval, will improve Discovery shares’ liquidity on the Johannesburg bourse.

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/ 4 September 2007

Zim budget seen offering tax relief

Zimbabwe is likely to offer tax relief in a supplementary budget on Thursday but may have to print more money to keep cash-strapped government departments running ahead of elections in 2008. The Southern African country is suffering inflation of more than 7 000%, fast eroding income for workers struggling to feed their families.

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/ 4 September 2007

Bomb blasts in Pakistani city kill, wound dozens

Two bombs exploded in the Pakistani city of Rawalpindi during the morning rush hour on Tuesday, killing 24 people and wounding 66, and at least one of the blasts was caused by a suicide attacker, officials said. The blasts come at a time of deepening political uncertainty in Pakistan, with the army chief and President, General Pervez Musharraf, preparing to try to secure a new term.

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/ 4 September 2007

Sundowns midfielder Leremi dies in car accident

South African international midfielder Gift Leremi (22) was killed after he lost control of his car and was flung out of his vehicle, Ekhuruleni Metro police said on Tuesday. Spokesperson Inspector Jimmy Maboko said Leremi was driving his BMW along the R556, between Vaal Road and Brackendowns, Alberton, at 9pm on Monday, when he lost control.