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/ 15 September 2004

Major empowerment move in W Cape hospitality

Black economic empowerment company Akani Leisure Investments has taken over the Halcyon Hotels Group — which includes in its portfolio the prestigious Bay hotel and Blues restaurant in Camps Bay. The acquisition represents the first major empowerment transaction at the top end of the Western Cape hospitality industry.

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/ 15 September 2004

New union threat before huge strike

Public-sector unions threatened on Wednesday to increase their pay demand to 12% if the government withdraws its R28-billion package. "The minister wants to open Pandora’s box. Labour can also play this game," the Congress of South African Trade Unions said.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-Business&ao=122224">Unions expect 800 000 to march</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-Business&ao=122182">Cosatu throws weight behind strike</a>

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/ 15 September 2004

Soldiers of fortune to roam Africa for some time

Debate about the role played by mercenaries in Africa has been revived in recent months, following the arrest and subsequent sentencing of 68 men accused of plotting to overthrow Teodoro Obiang Nguema: president of the tiny, oil-rich state of Equatorial Guinea. But prison terms — even death sentences — are unlikely to deter mercenaries from operating in Africa, say analysts.

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/ 14 September 2004

Anglo plans R26-billion for SA

Anglo American plans to invest about R26-billion in South Africa, demonstrating its confidence in the country, the company said on Tuesday following a weekend spat with President Thabo Mbeki. ”Anglo … has reinvested over R100-billion in this country since January 1999,” said Anglo spokesperson Michael Spicer in a statement.

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/ 14 September 2004

MPs told of self-extinguishing cigarettes

A new draft Bill, which will govern the tobacco industry, will grant the minister of health the power to issue regulations on the performance standard that all cigarettes sold in South Africa will have to meet, a top official told MPs on Tuesday. A cigarette will be required to ”self-extinguish after a few minutes if it is not puffed upon”.

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/ 14 September 2004

Another Sasol blast victim dies

Another victim of the September 1 blast at Sasol’s Secunda plant has died, bringing the death toll to nine, a company spokesperson said on Tuesday. The man died in hospital earlier in the day after two weeks in intensive care, Johan van Rheede said. His name will be withheld until his family had been informed.

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/ 14 September 2004

Public servants may extend strike

Strikes of public-service employees will go ahead on Thursday, unions have said. Meanwhile, the Congress of South African Trade Unions has proposed to extend the strike to include Monday and Tuesday next week, and police officers, traffic officials and correctional services officials will join Thursday’s strike.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-Business&ao=122151&t=1">Govt works to avoid massive strike</a>

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/ 14 September 2004

Govt works to avoid massive strike

The government, led by Minister of Public Service and Administration Geraldine Fraser-Moleketi, is set to carry on negotiations with public-sector unions on Tuesday evening, following a failure to reach agreement over Thursday’s threatened public-sector strike. The minister said the government is doing everything in its power to avert a strike.

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/ 14 September 2004

Bail hearing of nuclear pair delayed

The bail application of two men charged under laws against the proliferation of nuclear weapons was delayed in Vanderbijlpark on Tuesday to give lawyers time to study new documents. Randburg engineering company directors Gerhard Wisser and Daniel Geiges were arrested last Wednesday.

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/ 8 September 2004

Survey says SA is a nation of givers

South Africans appear to be a nation of givers — in an average month, a massive 93% of people part with time, money or goods to assist a cause or an individual. According to a national survey almost R930-million was mobilised during October and November 2003 for development and anti-poverty work.

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/ 8 September 2004

Denel ‘at doorstep of bankruptcy’

South Africa’s state-owned arms manufacturing and marketing company, Denel, "is practically at the doorstep of bankruptcy", CEO Victor Moche told MPs on Wednesday. However, he said there is light at the end of the tunnel if the entity focuses on research and development and balancing its budget.

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/ 7 September 2004

Govt budgets R72m for LandCare

A total of R72-million is to be set aside in the budget for LandCare programmes in the coming financial year, a deputy director in the national Department of Agriculture and Land Affairs said on Tuesday. He was speaking at Elsenburg outside Stellenbosch at the two-yearly LandCare national conference.

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/ 7 September 2004

Disney loses copyright court battle

Disney Enterprises has lost its bid to set aside an attachment order against its South African-registered trademarks, enabling the family of musician Solomon Linda to sue Disney for royalties in a South African court. Pretoria High Court Judge Hekkie Daniels on Tuesday dismissed Disney’s application against the executors of Linda’s estate.

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/ 7 September 2004

Unions: Telkom ‘undermining’ govt mandate

Three Telkom unions accused the telephone monopoly on Tuesday of undermining the government’s mandate to create jobs and fight poverty by threatening to retrench workers and charging excessive call rates. The unions refuse to believe that the company is following ”the mandate of government” as claimed by Telkom’s management.

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/ 7 September 2004

Alien weeds choke Africa’s waterways

Plans to eradicate alien weeds infesting Southern Africa’s rivers have been ”indefinitely” derailed by administrative delays, a World Bank official confirmed on Wednesday. A multimillion-dollar Southern African Development Community anti-infestation project was due to start last year, but has been delayed.

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/ 7 September 2004

Rand blamed for fall in Sasol profits

The operating profit of petrochemical giant Sasol fell by 22% owing to the strength of the rand, the company said at its annual results presentation on Tuesday. The negative effect of the rand was cushioned by the beneficial high oil prices and management initiatives to streamline the business, Sasol chief executive Pieter Cox said.

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/ 6 September 2004

Public-sector unions announce strike

Public-sector unions decided on Monday to embark on strike action following their rejection of the government’s 6% wage increase offer, said labour caucus chairperson Fikile Majola. All members of the eight unions will strike, except essential services. The unions represent 700 000 public-service employees.

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/ 6 September 2004

How pharmacies plan to survive

Pharmacists across the country are introducing a range of new charges now that they are limited in the prices they can ask for drugs, players in the industry said on Monday. ”We can charge for any service. Everything that you do for the patient, the patient must pay for,” said a pharmacist in Pretoria North. ”This is very sad.”

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/ 6 September 2004

Six more councillors join DA

The Democratic Alliance on Monday welcomed another six municipal councillors to its ranks, bring its total countrywide to 1 022. In a speech prepared for delivery to a meeting of the DA’s Cape Town Unicity caucus, Leon said 40 councillors have now crossed over to the DA in the two-week floor-crossing period.

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/ 6 September 2004

Thatcher to answer E Guinea’s questions

South Africa’s Justice and Constitutional Development Ministry has given permission to Equatorial Guinea’s authorities to question Mark Thatcher on his alleged role in a coup plot in that country, a ministry spokesperson said on Monday. The spokesperson added that there has been no discussion of extradition.

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/ 6 September 2004

Union lauds SAB retrenchment victory

Employers can no longer retrench workers to make way for better-skilled employees without making adequate training opportunities available, the Food and Allied Workers Union (Fawu) said on Monday. On Friday, a judge found that South African Breweries (SAB) had wrongly dismissed 115 Fawu members in 2001.