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/ 13 December 2006

Somali PM says Islamists preparing attack on govt

Somali Islamist forces backed by 4 000 foreign fighters are moving into position for an attack on the interim government’s base, Somalia’s prime minister said on Wednesday. ”I don’t think that they are ready for dialogue, for peace and stability to prevail in Somalia. In that case, war may become inevitable,” Prime Minister Ali Mohamed Gedi said.

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/ 13 December 2006

‘Syndicate’ robs Coin depot of millions

A robbery at a Coin Security depot on the West Rand this week was carried out by a ”sophisticated syndicate”, a labour union said on Wednesday. Media reports on Wednesday said that the Coin Security Group’s Robertville depot on the West Rand was robbed of R30-million in a ”daring” heist on Monday morning.

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/ 13 December 2006

October retail sales ease, but still high

South Africa’s annual retail-sales growth eased in October from a record high the month before, reducing pressure for more interest-rate hikes in 2007. Statistics South Africa data on Wednesday showed year-on-year retail sales at constant prices rose by 8,8% in October, easing from a revised 13,5% in the year to September.