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/ 31 October 2007

Judgement on noseweek decision handed down

Publication of the fact that a person is a client of a specific bank does not infringe privacy rights, according to Cape Deputy Judge President Jeanette Traverso. She made the finding in a written judgement, handed down this week, on a bid by FirstRand to prevent magazine noseweek publishing the names of clients involved in an allegedly dodgy tax scheme.

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/ 20 September 2007

FirstRand loses court bid to gag noseweek

FirstRand Bank has lost a court bid to prevent noseweek magazine publishing the names of clients involved in allegedly shady offshore tax dodging schemes. Cape High Court Deputy Judge President Jeanette Traverso on Thursday dismissed the bank’s application with costs, saying she would give her reasons later.

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/ 19 September 2007

Ramos resolves to win freight back from the roads

Having for the first time in a decade halted the draining away of freight transportation from the railways to the roads, Maria Ramos, the chief executive of Transnet, is aiming to win back a large slice of the business. "Not all cargo on the roads is suitable for rail," Ramos explained in Cape Town on Wednesday, "but we are targeting the container traffic aggressively."