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/ 25 October 2005

Casting from the broad to the pod

In the heyday of radio, the wireless was the centre of people’s lives. The image of families gathered around their radio set is a familiar one — listening to a broadcast was a group activity. "When they say ‘the radio’, they don’t mean … a man in a studio," wrote EB White, author of children’s classic <i>Charlotte’s Web</i>, in the 1940s.

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/ 25 October 2005

NPA involved in MAPPP-SETA dispute

A dispute between the Sector Education Training Authority for the media, advertising, publishing, printing and packaging industries and the leading institution for the training of professional printers, the Cross Media Training College is set to heat up when legal papers are served on the authority this week.

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/ 25 October 2005

Balancing interests

Few property owners and investors want to handle the day-to-day administration of their assets. Managing properties is a complex process, which is why specialist property management companies are doing such good business in South Africa. The market for investment property in South Africa is worth more than R100-billion.

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/ 25 October 2005

Underground in Industrial Shelving-land

"Having recently moved from Leafy Surburbia to Loftdom, I found myself in the market for industrial shelving. This is bare-basics shelving, metal and bolts, the kind that looks good in a spacious factory that has been converted into residential accommodation," writes Kevin Davie, who finds some signs that the economy is running out of capacity.

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/ 25 October 2005

Back to basics

Despite a strong market performance, which saw the JSE rally 20% over the past quarter, investors have opted for more conservative investments and are wary of equities. This is according to the latest quarterly figures from the Association of Collective Investments. Asset allocation and fixed-interest funds made up the majority of investments, accounting for 80% of inflows.

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/ 25 October 2005

New laws could stretch resources

Property management companies are facing tough times as competition in the sector increases. Although the low-interest rate-induced property boom, coupled with the strong thrust towards black economic empowerment, has created huge opportunities in a fast-growing market.

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/ 25 October 2005

Israelis ‘build like maniacs’

At the northern edge of Jerusalem, on the main road to the Palestinian city of Ramallah, three towering concrete walls are converging around a rapidly built maze of cages, turnstiles and bomb-proof rooms. When construction at Qalandiya is completed in the coming weeks, the remaining gaps in the 8m-high walls will close.

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/ 25 October 2005

Slow start to forex trade in Zimbabwe

Trade in foreign currency at commercial banks in Zimbabwe following the easing of tight exchange controls has got off to a slow start, according to local reports on Tuesday. The state-controlled Herald reported that only two commercial banks were on Monday buying foreign currency at rates between Z 000 and Z 000 to the US dollar.

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/ 25 October 2005

Beckham wins read card appeal

Real Madrid’s England star David Beckham on Tuesday won his appeal to have the red card he received on Sunday against Valencia rescinded by the Spanish league’s competition committee. Beckham went for an early bath after protesting against a decision by referee Arturo Dauden Ibanez three minutes from time and then sarcastically applauding his initial booking.