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/ 10 November 2004
A softer rand saw the JSE Securities Exchange (JSE) soar to yet another fresh high on Wednesday, continuing Tuesday’s record-breaking run achieved in the wake of technical glitches that halted trading for more than two hours. On Tuesday, the all-share, industrial, banks and financial indices touched record highs.
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/ 10 November 2004
Malaria claims about 20 000 lives each year in Angola, more than half of them pregnant women and children under five years old, making it the main cause of death in the south-west African state. Angola’s director of programmes to fight malaria told Portuguese radio the mosquito-borne disease infects more than two million people each year.
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/ 10 November 2004
Zimbabwe opposition Movement for Democratic Change lawmaker Roy Bennett applied to the High Court on Wednesday for bail. He was sentenced by a parliamentary committee to 15 months’ hard labour, with three months suspended, for pushing Zanu-PF Justice Minister Patrick Chinamasa to the ground.
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/ 10 November 2004
Britain could be asked to contribute troops to a 10 000-strong United Nations peacekeeping force for Sudan under a draft resolution being discussed in the security council. The proposal for a UN force is part of a British package of incentives designed to gain Sudan’s agreement to a comprehensive settlement of the conflict in Darfur, in western Sudan.
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/ 10 November 2004
From the outside, Beijing’s Shishahai sports school is unremarkable. It would be easy to walk past it, a functional-looking building a couple of kilometres north of Tiananmen square, without even noticing. Inside the main entrance, in the gloomy hall, the first thing you see is the noticeboard, on to which the pictures of five athletes have been pinned.
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/ 10 November 2004
The bid by world number-six gold miner Harmony for world number-four gold miner Gold Fields remains too close to call, with both groups of shareholders likely to make their final decision to vote for or against the merger on the day of the shareholder vote, investment market players said on Tuesday.
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/ 10 November 2004
Listed retailer Edgars Consolidated Stores (Edcon) has reported an 88% rise in its headline earnings per share for the six months to the end of September 2004 to 968 cents, from 516 cents a year earlier. The group doubled its interim dividend while maintaining two times earnings cover, to 494 cents per share from 247 cents in 2003.
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/ 10 November 2004
Cape Town has taken its next step in improving tourist services in the region with the launch of Cape Town Tourism’s new united corporate identity. Cape Town Tourism was previously the bureau responsible for the CBD, Waterfront and Atlantic Seaboard areas only.
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/ 10 November 2004
Isn’t it getting to you that the decade of democracy still seems so far from overcoming poverty? That South Africa is still lined with shacks, and that Reconstruction and Development Programme matchbox dwellings — where they exist — are no different in size and uniformity to the houses laid out during apartheid? Then, in this mindset, you read that Minister of Finance Trevor Manuel has said, ominously, there is too much money going to social grants.
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/ 10 November 2004
The Johannesburg Stock Exchange was running normally after technical hitches on Tuesday saw delays, the JSE said on Wednesday. Due to a problem experienced with the JSE’s primary and back-up transatlantic communication links, trading on the equities market was halted at approximately 3.29pm on Tuesday.