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/ 20 November 2006
Ahead of the December festive season, Transport Minister Jeff Radebe on the weekend warned that road accidents not only cost lives but can negatively affect the country’s economic-growth targets. Road accidents cost the economy an estimated R43-billion each year, the minister said.
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/ 20 November 2006
The JSE was looking to snap its three-day losing streak on Monday with a recovery in precious-metals prices lifting resources stocks. News was a little on the sparse side and dealers said that the market was quiet. By 11.48am, the all-share index added 0,65%. Resources rallied 1,51%, the platinum-mining index surged 4,04% and the gold-mining index jumped 2,82%.
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/ 20 November 2006
Credit Guarantee said on Monday it had reviewed and upgraded its credit ratings of four of South Africa’s trading partners and had also re-rated Angola as open for export cover. "Having emerged from under the cloud of civil war, enormous opportunities now exist in the construction, agricultural, infrastructural, tourism and oil/mining-linked sectors [of Angola]," said Credit Guarantee.
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/ 20 November 2006
United States stock exchange Nasdaq launched a £2,7-billion (,1-billion bid for the London Stock Exchange (LSE) on Monday and strengthened its hand by buying more shares in the market. Nasdaq, which had built up a 25% stake after a previous bid was rebuffed, said it was offering to pay 1 243 pence a share in cash for the rest of the company.
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/ 20 November 2006
Ballerina Penelope Thloloe, who ”survived” being the first black student at South Africa’s national arts school, now devotes her energy passing on her skills to children in Alexandra. Thloloe is a study in concentration as she trains students in the sprawling black township abutting Johannesburg’s chic Sandton quarter, where she still lives.
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/ 20 November 2006
On my arrival at the University of KwaZulu-Natal recently, one academic commented on "how frightened people are to speak". I soon discovered this for myself. Some academics apologetically withdrew from agreements to meet; others insisted that our meetings be off-campus, writes the <i>Mail & Guardian</i>’s David Macfarlane.
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/ 20 November 2006
South African Rugby would have to spend more than R20-million to get rid of Springbok coach Jake White, Beeld newspaper reported on Monday. SA Rugby president Oregan Hoskins had denied rumours that White may be fired before the end of the South African team’s tour of Europe.
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/ 20 November 2006
International talks on climate change held at a conference in the Kenyan capital, Nairobi, ended on Friday without having established a solid timetable for cuts in greenhouse-gas emissions after the Kyoto Protocol expires. This was one of several contentious issues at the negotiations.
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/ 20 November 2006
Blackburn midfielder Tugay went from hero to villain as Tottenham’s Jermain Defoe salvaged a 1-1 draw at Ewood Park. Tugay scored a stunning goal to put Blackburn ahead but the Turkish star was then sent off after giving away the penalty that led to Defoe’s second half equaliser.
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/ 20 November 2006
Ireland’s impressive 21-6 defeat on Sunday of two-time world champions Australia came about because the hosts out-foxed their rivals, claimed talismanic captain Brian O’Driscoll. O’Driscoll had said before the match that he thought the Wallabies were the smartest team in world rugby.