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/ 21 November 2006
One in six Gauteng adults, or over a million people, run small businesses and the growing diverse sector accounts for 35% of the province’s employment a survey has found, the FinMark Trust said on Tuesday. The survey, commissioned by the Gauteng Enterprise Propeller and the FinMark Trust, aimed at accurate information and better understanding about the small-business sector.
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/ 21 November 2006
Both the International Monetary Fund and the World Bank still need to exist, but with large-scale reforms, South African Finance Minister Trevor Manuel said on Tuesday. Manuel was briefing reporters in Pretoria after returning from Australia where he attended the Group of 20 finance ministers’ and central bank governors’ meeting.
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/ 21 November 2006
An auction of South African art has broken local records and raked in over R22-million in Johannesburg, an auctioneer said on Tuesday. Four paintings brought in an average of nearly R3-million each on Monday and the sale still has a day to go, said auctioneer Stephan Welz.
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/ 21 November 2006
Iraq and neighbouring Syria agreed to restore full diplomatic relations on Tuesday in an accord in which Syria accepted that United States troops should stay while the Iraqi government needed them. Syrian Foreign Minister Walid al-Moualem was making the first visit by a Syrian minister to Iraq since the US-led invasion in 2003.
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/ 21 November 2006
South African state-owned enterprises are overall in "a good state" although performance has been uneven in the past financial year, the chairperson of the public enterprises portfolio committee reported on Tuesday. Yunus Carrim also argued that the government was correct to keep these enterprises in state hands.
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/ 21 November 2006
Interrogation of the financial viability of the businesses falling under the state arms company, Denel, may expose some skeletons, its CEO, Shaun Liebenberg, has warned MPs. Liebenberg said that as "the interrogation of the financial viability of the businesses deepened, we must accept that skeletons will come out of the closet".
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/ 21 November 2006
An unprecedented string of scandals has led to a haemorrhaging of support for South Africa’s ruling African National Congress (ANC) that can only be reversed with a thorough purge of the leadership, analysts say. ”There is no cohesive control. The leadership is just giving speeches about corruption and everything, but there is no action,” says Frederik van Zyl Slabbert.
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/ 21 November 2006
Safety and Security Minister Charles Nqakula on Tuesday repeated his call that action would only be taken against police National Commissioner Jackie Selebi based on concrete evidence. He said Selebi’s friendship with Glenn Agliotti, recently arrested in connection with the murder of mining magnate Brett Kebble, could not be used to suspend Selebi.
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/ 21 November 2006
European and African nations struggling to stem an exodus of migrants from Africa gather in Libya on Wednesday to tackle a problem with the potential to hurt economies and stir communal tensions on both continents. The focus will be on identifying long-term solutions such as creating more jobs in Africa to curb its ”brain drain” and widening opportunities for legal migration.
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/ 21 November 2006
Rome’s second-largest airport, Ciampino, briefly closed early on Tuesday following an anonymous telephone call claiming that a bomb was on board a cargo plane, airport officials said. Inspections of aircraft found no evidence of a bomb and Ciampino was reopened about an hour later, officials said. Six flights had been rerouted east to the city of Pescara.