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/ 5 May 2004

New medicine laws again under fire

New laws regulating the price of medicine have come under fire again — this time from the National Association of Pharmaceutical Wholesalers, which says that while medicine prices will be regulated, the fees wholesalers may charge will not, leaving them at the mercy of manufacturers.

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/ 5 May 2004

High car prices could be illegal

The public outcry over high car prices has led to a formal investigation by the Competition Commission, the organisation said on Wednesday. Commission manager Zodwa Ntuli said the probe will at this stage focus on the practice of minimum resale price maintenance by specific manufacturers and dealers.

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/ 5 May 2004

Mandela visits comatose Fassie

Ailing singer Brenda Fassie has shown a determination to survive, former president Nelson Mandela said on Wednesday. Mandela was addressing the media outside the Sunninghill hospital in Johannesburg after he visited Fassie. The singer remains in a stable condition, but in a coma, her recording company EMI said on Wednesday.

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/ 5 May 2004

Fish in bricks cause a flutter

South Africa’s National Council of Societies for the Prevention of Cruelty to Animals has condemned the sale of Siamese fighter fish as corporate gifts. Apparently, the Siamese fighter fish have been confined into ”brick-style” glass containers and exhibited in Gauteng centres.

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/ 5 May 2004

SA has first environment-linked derivatives

South African financial services specialist Sterling Waterford Securities is breaking new ground in the international investment field with the planned launch of environmentally linked derivatives. The group’s upcoming carbon credit note issue will be a world first, while also providing the first formal trading facility for environmental derivatives.

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/ 4 May 2004

SA electoral process is ‘weak’

The Washington-based Centre for Public Integrity’s Global Integrity Report has listed South Africa’s electoral and political process as ”weak”, the Department of Public Service and Administration said in Pretoria on Tuesday. This was because of the African National Congress’s overwhelming majority at the April polls.

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/ 4 May 2004

Consumers warned about unstable medicine prices

The price of medicines will be unstable in the next few weeks as pharmacists clear out old stocks and replace it with new, undiscounted stock in terms of new legislation, the Pharmaceutical Society of South Africa warned on Tuesday. Consumers have already started complaining of increases up to 30% in the price of medication.

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/ 4 May 2004

SA donates R100m to UN relief agencies

South Africa has donated R100-million to two United Nations food programmes supplying emergency relief, the organisations said on Tuesday. In a statement, the Food and Agricultural Organisation (FAO) and World Food Programme said they welcomed the money, of which R67,5-million will be used by the FAO for agriculture.

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/ 4 May 2004

Happy to leave hospital

Abbey Mzayiya, better known as Happy Sindane, was expected to be discharged later this week, the Pretoria Academic hospital said on Tuesday. Mzayiya, who has been in hospital fighting for his life since he was run over by two cars on April 3, has been described as ”doing very well”.

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/ 4 May 2004

IFP, ANC reach agreement in KZN

After weeks of negotiations with the African National Congress, the Inkatha Freedom Party has accepted three ministerial positions in the KwaZulu-Natal provincial government. The IFP originally withdrew two of its officials from the provincial executive, announced at the end of April.

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/ 3 May 2004

New medicines Act: ‘It’s a nightmare’

Pharmacists across the country adopted a wait-and-see attitude to the effects of the new Medicines and Related Substances Act as the industry faced uncertainty and anger on Monday. The Act, intended to regulate medicine prices, came into force on Sunday, making discounting by manufacturers, wholesalers and retailers illegal.

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/ 27 April 2004

‘As Africans we will solve our problems’

South Africa’s first 10 years of democracy have paved the way for solving many of the country’s remaining problems in the next decade, President Thabo Mbeki said after his inauguration on Tuesday for a second term in office. He addressed thousands who had gathered at the Union Buildings in Pretoria for his induction.

  • Mbeki takes the oath
  • Mandela, Mugabe cheered
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    / 27 April 2004

    Medical associations fined for fixing prices

    The South African Medical Association and the Hospital Association of South Africa (Hasa) agreed on Monday to stop participating in fixing the selling price of medical services in contravention of the Competition Act, the Competition Tribunal said. Hasa has also agreed to pay administrative penalties of R4,5-million.

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    / 27 April 2004

    IFP withdraws election challenge

    The Inkatha Freedom Party has withdrawn its legal challenge to contest the declaration of the April 14 election as free and fair. IFP president Mangosuthu Buthelezi said on Monday night: ”It was never our intention to spoil the celebrations of our first decade of democracy.”

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    / 26 April 2004

    Shilowa pledges to fulfil mandate

    Gauteng Premier Mbhazima Shilowa on Monday repeatedly promised to discharge the mandate handed him and the African National Congress to deliver the party’s mandate to voters, while opposition parties pledged to lend a hand. Shilowa was making his first address of his second term as premier to the province’s third legislature.

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    / 26 April 2004

    More coelacanth discovered off SA coast

    Scientists have discovered two more coelacanth off South Africa’s east coast, bringing to 21 the number of live specimens of the exceptionally rare ”four-legged” fish found along the country’s coast in recent years. A team of researchers from South Africa and Germany has been studying the population first spotted in 2000.

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    / 26 April 2004

    Shoprite to unveil BEE initiative

    Food retailer Shoprite Holdings will be announcing a black economic empowerment (BEE) initiative with the Department of Trade and Industry’s credit facilitation agency for small and medium enterprises, Khula Enterprise Finance, on Wednesday. Shoprite said the business venture will create positive spin-offs for BEE in South Africa.

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    / 25 April 2004

    ‘BEE discriminates against Indians’

    South Africa’s million-plus people of Indian origin complain that a controversial scheme to uplift people marginalised under apartheid is working against them. The bone of contention for this relatively small but economically and politically important group is the black economic empowerment programme.