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/ 22 June 2007

Zimbabwe currency crashes

The value of the Zimbabwean dollar suffered its worst crash in memory, dealers said, sparking a run on dollars and forcing stores to close early to put new prices on what little they could afford to stock. ”It’s gone crazy,” said the trader, who spoke on condition of anonymity because his dealings are illegal.

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/ 22 June 2007

Return to rugby glory

Major Test matches come around so often these days, that it is easy to allow one to slip unremarked into another. But when the Springboks play the All Blacks, the world tends to slow down and this week in Durban was a time for reflection. The last two Tests between these sides at King’s Park were memorable for entirely contrasting reasons.

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/ 22 June 2007

Court to rule on whether police can join strike

The Johannesburg Labour Court would on Friday rule whether police service members could join the public-service strike. During arguments on Thursday, lawyers for the police and the Police and Prisons Civil Rights Union spent much time arguing which categories of South African Police Services employees were essential and which not.

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/ 22 June 2007

ANC: To the left, to the left?

Zwelinzima Vavi does not seem to run out of hyperbole to illustrate what is wrong with the government’s economic policies. "It is like a doctor saying an operation has been successful when the patient is dead," he said to great laughter when addressing a youth rally in Mangaung in the Free State last Saturday.

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/ 22 June 2007

Does Telkom have Cell C’s number?

In a rapidly converging telecoms sector, the big question on every­body’s lips is when Telkom will sell Vodacom and who it will partner to re-enter the mobile market. MTN might seem a perfect fit with its large African footprint, but analysts feel the price tag of between R250-billion and R300-billion is too costly for Telkom. The deal would be unlikely to get approval from the competition authorities.