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/ 27 November 2006

Wealth gap threatens reconciliation in SA

South Africa may have gone a long way to addressing racial injustices but there is a growing acceptance that its huge wealth gap threatens to derail the achievements of the post-apartheid era. The Truth and Reconciliation Commission, which shone the light on abuses committed by all sides during apartheid, is credited with playing a major role in reconciling the races of South Africa.

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/ 27 November 2006

UN: Nearly two million displaced in Darfur

More people have fled their homes in Sudan’s Darfur region than at any time since the conflict started nearly four years ago, said the United Nations on Monday in a report on the worsening crisis. ”The number of IDPs [internally displaced people] has reached nearly two million, the highest level since the conflict started in 2003,” said a summary of the report.

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/ 27 November 2006

Sea pirates drift south to threaten SA waters

Ruthless sea pirates who plunder hundreds of ships each year off the coast of Africa are moving south, threatening South African waters, the Pretoria News reported on Monday. The United Nations Security Council has urged the Southern African Development Community to take drastic action against the gangs of heavily armed pirates.

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/ 27 November 2006

Standard Bank floats stakes in Ugandan affiliate

Standard Bank on Monday floated 20% of shares in its Ugandan affiliate in the country’s largest initial public offering to private investors. Spokesperson Daniel Nsibambi said 1,02-billion shares in Stanbic Ugandan were being offered on the Uganda Securities Exchange in a move expected to raise 71-billion Ugandan shillings (R278-million).

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/ 27 November 2006

Couple armed with grenades takes over Tehran school

A man armed with grenades and guns and accompanied by his daughter took over a junior high school for several hours in central Tehran Monday, a media correspondent on the scene said. Police initially said the man and a woman aged about 35 took over the school, but a boy released before the siege ended said a girl of about his own age — 13 — was with the man.

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/ 27 November 2006

Iran military plane crashes at airport

An Iranian military aircraft crashed at a Tehran airport on Monday, killing at least 37 people, state-run television reported. It was the latest in a string of aviation disasters to hit the Islamic Republic. The television report said one person was in hospital after surviving the crash in the Russian-designed Antonov-74.