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/ 9 November 2004
Gauteng still has a housing backlog of more than 440 000 people, provincial housing minister Nomvula Mokonyane said on Tuesday. Mokonyane said Gauteng’s housing goals fall within the Breaking New Ground housing-plan document introduced by Minister of Housing Lindiwe Sisulu earlier this year.
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/ 9 November 2004
United States army and marine units pushed through the centre of the insurgent stronghold of Fallujah on Tuesday, fighting bands of guerrillas in the streets and conducting house-to-house searches. Iraq’s official Sunni Muslim political party quit the US-backed government on Tuesday in protest over the assault on Fallujah.
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/ 9 November 2004
Three thousand troops of the Democratic Republic of Congo’s (DRC) regular army have deployed in the country’s eastern Walungu area to stabilise a region where Rwandan rebels are active, the army said on Tuesday. Last week, the army announced it will deploy soldiers with the backing of the United Nations mission in the DRC.
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/ 9 November 2004
There was a stunned silence when Madeleen Bredenhann (29) was convicted in the Pretoria High Court on Tuesday of hacking to death her mother, Elma Bredenhann, and her grandmother, Albertina (Dassie) Wambach. Judge Chris Botha said his opinion was that Bredenhann’s version must be rejected as false.
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/ 9 November 2004
The sale of Thintana’s remaining 15,1% in Telkom to an elite, government-aligned consortium is an example of an opportunity lost for broad-based empowerment and an unusually unfortunate example of crony capitalism, says shadow communications minister Dene Smuts.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&a=12&o=141486">Telkom welcomes BEE partner</a>
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/ 9 November 2004
Minister of Finance Trevor Manuel took aim on Tuesday at excessive fees charged by insurance companies administering retirement funds. Manuel said while the taxation of pension funds remains "an ongoing concern", this is also true for fees charged.
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/ 9 November 2004
World number-six gold miner Harmony Gold on Tuesday said it believes that rival Gold Fields’ directors have mismanaged their South African assets and their performance has been sub-standard to Harmony’s operations for several years.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&a=12&o=141499">Panel ruling a setback for Gold Fields</a>
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/ 9 November 2004
Low admission requirements were undermining the reputation of South African Masters in Business Administration (MBA) degrees, the Council on Higher Education has found. ”Unless programmes take admissions seriously… the standing of the MBA as a master’s degree will be jeopardised in the market,” it says in a special report on the state of MBA provision released on Tuesday.
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/ 9 November 2004
While most South Africans agree that black economic empowerment (BEE) is necessary to uplift standard and correct the wrongs of the past, there is a strong feeling that it has benefited only a select few, a survey has found. The survey shows that 70% of the sample felt that BEE has enriched only a select few.