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/ 20 October 2006

Media are capitalist triggers

"Today, the overriding importance of media and information has made the pen — or at least the computer — perhaps the most powerful weapon of all," writes Zwelinzima Vavi. South African journalists defend the current capitalist economic system as logical and good, and strive to ensure its survival.

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/ 20 October 2006

You pays your money …

South Africans are about to get hit with an avalanche of pay TV options from next year — some of them delivered to your cellphone. Until now MultiChoice — which owns M-Net and DStv — has been the sole provider of subscription TV in South Africa, but that’s about to change.

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/ 20 October 2006

Forget oil, look at food prices

Oil has been such an economic bogeyman in recent times, hogging the headlines, that not noticed is as severe a threat — food inflation. Food staple maize has been trading internationally at record highs, driven by the world’s move to energy diversification to produce bio-fuels as an alternative to fossil fuels.

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/ 20 October 2006

Credit where credit is due

A Bangladeshi economist last week won the Nobel Peace Prize for helping to lift millions out of poverty by lending tiny amounts of money directly to the neediest people on the planet. Muhammad Yunus and the bank he founded were presented with the award and the 10-million kronor cheque for his work in creating a nation of entrepreneurs.

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/ 20 October 2006

Meet Chávez the lover

It could be the cover of a romantic ballad album, a man in a blue shirt with a soft gaze and a heartfelt paean that begins: ”Always, I did everything for love.” Meet Hugo Chávez, Venezuelan President, socialist revolutionary, globetrotting firebrand, Washington nemesis and now, in election campaign mode, a lover.

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/ 20 October 2006

African sky the key to tourism

A new research report, which was prepared by Genesis Analytics for regional development initiative the ComMark Trust, says that if the Southern African region is to benefit from the huge number of tourists who will be visiting South Africa for the 2010 Soccer World Cup, countries have to start liberalising their air transport routes now.