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/ 6 November 2006

Soweto ATM blasted open in robbery attempt

An automated teller machine (ATM) at a petrol station in Pimville was badly damaged after dynamite was used to blow it open on Monday morning, Soweto police said. Sergeant Richard Munyai said the incident occurred at about 1am. ”The petrol attendants said they smelled something funny and went to investigate.”

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/ 6 November 2006

Shaik judgement may cost Zuma dearly

The Supreme Court of Appeal dented former deputy president Jacob Zuma’s chances of becoming the next president on Monday when it confirmed corruption convictions against his former financial adviser Schabir Shaik. Meanwhile, the Shaik family have dropped their earlier criticism of the National Prosecuting Authority.

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/ 6 November 2006

Zim cellphone companies challenge state interference

Two of Zimbabwe’s private cellphone companies have mounted a court challenge to new state regulations forcing them to share international traffic revenue with a state-owned company. Independent cellphone companies were given until November 1 to comply with a government order forcing them to route their traffic through a single international gateway.

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/ 6 November 2006

IMF sees ‘enormous potential’ in SA

The International Monetary Fund’s (IMF) first deputy managing director, John Lipsky, said on Monday that he saw tremendous potential in South Africa, but emphasised the need to maintain transparent economic policies, as well as the need to take action to benefit from foreign direct foreign investment.