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/ 28 October 2005

DA hits out at Mbeki over UN claims

President Thabo Mbeki’s role in the United Nations oil-for-food programme is to be questioned by the Democratic Alliance. ”President Thabo Mbeki must explain how he allowed South Africa’s diplomatic support to be bought by the government of the blood-thirsty, and now deposed, Iraqi leader Saddam Hussein,” the DA said on Friday.

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/ 28 October 2005

Give tax cuts for jobs, asks DA

South African firms should be given tax cuts designed to increase employment for a period of five years, says official opposition Democratic Alliance leader Tony Leon. For this period, employers should be given tax deductions of 150% of the first R2 000 per month of new employees’ salaries.

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/ 27 October 2005

Mbeki lashes out at the ‘materialistic spirit’ in SA

President Thabo Mbeki has appealed to all parties to ensure their candidates for the upcoming municipal elections have the interests of their communities at heart and not self-interest. Replying to questions in the National Assembly on Thursday, he said there appeared to be intense competition among people wanting to be elected by their parties as candidates for the elections.

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/ 26 October 2005

Axing of spy bosses ‘not political’

The Cabinet says the suspension of three top intelligence officials was not related to party politics and did not represent ”some settling of scores in relation to party-political issues”, according to a statement by government spokesperson Joel Netshitenzhe after the regular Cabinet meeting held in Cape Town on Wednesday.

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/ 26 October 2005

Anglo American announces rationalisation plan

Anglo American, one of the world’s largest mining groups, plans to reduce its shareholding in gold miner AngloGold Ashanti in order to give it more flexibility to pursue its own strategic agenda, the company said on Wednesday. It may also opt to establish pulp and paper group Mondi as an independent business.

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/ 26 October 2005

New-format @home stores to open

Listed clothing and homeware retailer Foschini will open its very first @home livingspace store on Thursday, a larger-format version of its @home chain offering an expanded range of home decor and furniture. The first @home livingspace store will open in the new Willowbridge shopping centre in Tygervalley, Cape Town.

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/ 25 October 2005

Mini-Budget: SA ‘hitting the sweet spot’

The government is set to increase its capital spending from R18,9-billion to R39,5-billion over the next three years. ”We are hitting the sweet spot, and you can see that in the way in which the numbers are aligning,” Finance Minister Trevor Manuel told journalists at Parliament on Tuesday, ahead of delivering his Medium Term Budget Policy Statement in the National Assembly.

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/ 25 October 2005

‘Things may just snap’ in the ANC

The African National Congress needs to find a ”far more dignified” way of dealing with the succession issue, business magnate and former party heavyweight Tokyo Sexwale said on Monday. ”What we are seeing with the [Jacob] Zuma/Thabo Mbeki debacle is less than dignified,” he told an Institute for Justice and Reconciliation symposium in Cape Town.

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/ 24 October 2005

Zuma on the rise

”There is little doubt that if Jacob Zuma had been a candidate for the presidency of the ruling African National Congress at the party’s national general council in July, he would have won an overwhelming number of votes … It was clearly demonstrated that Zuma had the support of the people,” writes Donwald Pressley.

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/ 24 October 2005

Undertakers warn of ‘fluid seepage’

The undertaking business will controversially call for the HIV status of the dead to be recorded on death certificates, the United Funeral Association of SA (Ufasa) said on Monday. ”The government must recognise what the health threat is to the industry,” Ufasa’s founder member Johan Rousseau said.

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/ 22 October 2005

SA, Cameroon discuss disputed gorillas

Wildlife experts and government officials from South Africa and Cameroon wrapped up talks on Friday on the future of four rare gorillas claimed by both countries. The Western Lowland gorillas were smuggled out of Nigeria through South Africa and to Malaysia’s Taiping Zoo about three years ago.

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/ 21 October 2005

ANC bemoans lack of free, diverse media in SA

For all the achievements of the past decade, the struggle for a free media continues, the African National Congress said on Friday. The country marked Media Freedom Day this week, and the challenge is to build a robust, free and diverse media at a time when the market, not the state, is posing the greatest threat to media freedom, the party said.

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/ 21 October 2005

ANC welcomes end to judicial race row

The African National Congress ruling party has welcomed the resolution of a race row that erupted in the Cape High Court in the past two weeks. In a statement on Thursday, parliamentary caucus spokesperson Mpho Lekgoro said the caucus had confidence in the judiciary’s ability to deal with the matter competently.

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/ 20 October 2005

Deadlock on composition of diamond board

Parliamentary discussions deadlocked on Thursday over the proposed composition of the board of regulators for the diamond and precious metals industry. Minerals and energy portfolio committee members disagreed with proposals in the draft Diamond Bill suggesting the board only have one representative from organised labour on it.

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/ 19 October 2005

White flag raised in judicial race war

A ceasefire was declared in the Hlophe race war on Wednesday when Chief Justice Pius Langa said that none of the protagonists wants any further action to be taken. Langa made the announcement in a statement issued at the end of a three-day meeting of the Judicial Service Commission in Cape Town.

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/ 19 October 2005

Sars confirms Kebble taxes still due

South African Revenue Service (Sars) commissioner Pravin Gordhan confirmed on Wednesday that there is "money due" in back taxes from the estate of the late Brett Kebble, but did not put a figure to the amount. <i>Business Day</i> reported recently that Kebble was believed to have died owing up to R100-million in tax to Sars.

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/ 19 October 2005

Denel ‘did nothing wrong in India’

Denel has not been found to have broken any laws in either South Africa or India, but the unfortunate perception has been created that the state arms manufacturer has a cloud hanging over it, says Denel CEO Shaun Liebenberg. He addressed MPs serving on the National Assembly public enterprises portfolio committee on Tuesday.

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/ 19 October 2005

DA opposes govt lifeline to Denel

South Africa’s official opposition Democratic Alliance says it will oppose arms-manufacturing parastatal Denel’s request for a R5-billion lifeline, should the matter come before Parliament. The parastatal may have lost as much as R1,6-billion during the financial year ending March 2005.

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/ 19 October 2005

Skandia unveils stand-alone plan

Swedish insurer Skandia, the target of a R38-billion takeover bid by South Africa- and United Kingdom-listed financial-services group Old Mutual, on Wednesday unveiled to shareholders details of a plan that would allow it to remain independent. It also gave hard-hitting reasons why shareholders should reject the Old Mutual offer.

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/ 18 October 2005

Robben Island Museum starts to turn a profit

Improved financial management and an increase in tourism revenue has seen the Robben Island Museum move into the black over the past financial year, MPs heard on Tuesday. ”We have, over three years, turned a loss of R8-million [in 2002/03] to a profit of R7,3-million,” museum chief financial officer Nash Masekwameng told Parliament’s arts and culture portfolio committee.