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/ 11 August 2005

DA wants parliamentary debate on Zim loan

The Democratic Alliance has formally requested a debate in Parliament on the government’s proposed loan package to Zimbabwe, saying South African taxpayers need to be told why money may be made available for that country. ”Parliament must approve any financial agreement of this nature,” the DA said.

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/ 11 August 2005

Sanlam Life to buy 50% of Channel Life

Sanlam Life, South Africa’s second-largest life assurer, will buy a 50% stake in niche life assurer Channel Life from its parent, PSG Group, for R116,5-million, the two companies said on Thursday. The purchase price represents 125 cents per share for Channel Life, valuing the company at approximately R230-million.

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/ 11 August 2005

End to gold strike ‘looking positive’

With indications that striking gold miners would accept their employers’ latest wage offer, union bosses awaited a final response on Thursday afternoon. ”It’s looking positive. I’m waiting for the final verdict from the chief negotiator,” Solidarity spokesperson Reint Dykema said on the fifth day of the strike.

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/ 11 August 2005

UDM members to fight suspension in court

Lawyers for six suspended United Democratic Movement (UDM) politicians will argue their case in the Cape High Court on August 29 — only three days before the opening of the September floor-crossing window. The six were suspended on August 5, apparently after rumours that they intended to defect to another party.

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/ 11 August 2005

Zimbabwe’s private schools warn of closures

Hundreds of private schools will be forced to shut down in Zimbabwe if a Bill allowing the government to set fees and recruit teachers is passed, teachers and school associations warned on Thursday. The Education Amendment Bill was presented in May, allowing the education minister to set school fees, impose a school uniform and determine the recruitement for all teachers.

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/ 11 August 2005

Hollywood in your home

Entertainment on your home computer is about to become more than just gaming and music. Within a year, computer owners should be able to download movies and hit television shows and then watch them on TV. The first steps in cutting out the trip to Blockbuster are already being taken, although the web content is still ”locked” to the PC.