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/ 30 May 2008

Madisha: SACP favoured cash to foil creditors

The South African Communist Party (SACP) has on several occasions taken large donations in cash in order to foil its creditors, according to former Congress of South African Trade Unions president Willie Madisha. He made the claim in an article in the Cape Times on Friday, in which he sought to ”set the record straight” on events surrounding his axing.

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/ 30 May 2008

Petrol price jumps yet again

The retail price of petrol will increase by 50 cents a litre (c/l) on Wednesday next week, according to a statement from the Department of Minerals and Energy on Friday. This follows the 55c/l increase last month. The price of unleaded petrol in Gauteng thereby increases to R9,96 a litre, and to R9,72 at the coast.

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/ 30 May 2008

SA to launch ‘beautiful’ battery car

A South African-designed, battery-operated passenger car is to be unveiled early next year, Deputy Science and Technology Minister Derek Hanekom announced on Friday. The development of the vehicle could not have come at a better time, he told MPs during debate in Parliament on the science and technology budget vote.

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/ 30 May 2008

Mbeki calls on G8 to support Nepad

President Thabo Mbeki called on G8 countries on Friday to follow through on promises of support for Africa’s socio-economic rescue plan Nepad. ”The other G8 members have got to respond in the manner that Japan has,” Mbeki said at the end of a three-day development conference in Yokohama, Japan.

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/ 30 May 2008

Dozens arrested following cemetery violence

Forty-seven people were arrested for public violence on Thursday after a protest against Anglo Platinum’s relocation of bodies from a cemetery in Sekuruwe near Makopane turned violent. Limpopo police spokesperson Captain Sebotsaro Motadi said the protest started on Wednesday but only became violent at 6am on Thursday.

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/ 30 May 2008

Three ATMs blown up in Gauteng

In a series of three ATM bombings in less than half a day in Gauteng, gangs of robbers on Friday morning made off with undisclosed sums of cash. In Strijdompark in Randburg, a Standard Bank ATM was blown up at the Motor City Centre, Gauteng police said. ATMs in Atteridgeville and Orange Farm were also targeted.

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/ 30 May 2008

We voted for Khune, say coaches

Itumeleng Khune and not Teko Modise should have been named the Premier Soccer League’s (PSL) best footballer this season if coaches had voted along the lines they suggested to the Mail & Guardian this week. The credibility of the selection is being compared to that of the Zimbabwean election.

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/ 30 May 2008

SA vs Nigeria: A titanic rivalry

Football statistics are weighted in Nigeria’s favour at this weekend’s clash between the Super Eagles and Bafana Bafana. Nigeria may be in a renewal process of their own, but one cannot see how a Bafana side with a new coach, with no proven strikers and playing in front of a hostile crowd, will defeat them, writes Percy Zvomuya.

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/ 30 May 2008

Africa kicks off month of World Cup qualifiers

Africa’s top footballers head wearily back from a demanding club season in Europe for an intensive month of World Cup qualifiers starting this weekend. Players like Michael Essien, Samuel Eto’o, Frederic Kanoute, Nwankwo Kanu and Emmanuel Adebayor go from the cauldron of top club competition into an equally demanding round of qualifiers for the 2010 finals in South Africa.

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/ 30 May 2008

Trustees say Kebble gave Yengeni R260 000

Mining magnate Brett Kebble gave about R260 000 to the former African National Congress chief whip Tony Yengeni, according to the trustees of Kebble’s bankrupt estate, a media report said on Friday. This allegation was contained in affidavits in an application for a summary judgement that would force Yengeni to pay this amount back to the estate.

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/ 30 May 2008

Eskom tariff decision quietly postponed

The National Energy Regulator of South Africa has quietly postponed its final decision on Eskom’s application for a 53% tariff hike to June 18. By Thursday the regulator had not yet posted notice of the change in its decision date on its website, despite the conclusion of this week’s public hearings into the proposed tariff increases.

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/ 30 May 2008

No rush to pick up tab

It is all a bit unseemly; rather like the bill arriving after a meal at a restaurant and no one offering to pay it. In Eskom’s case, the matter is complicated by the fact that outsiders do not have enough information to work out how the bill is made up so that costs can be apportioned fairly.

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/ 30 May 2008

Govt confirms arrest of South Africans in Zim

The Department of Foreign Affairs on Friday confirmed that three South Africans have been arrested in Zimbabwe. In a statement, the department said the men were due to appear in court and it would render assistance to the detainees as required. On Tuesday Deutsche Presse-Agentur reported that three people, two of them South Africans, had been arrested in Zimbabwe.

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/ 29 May 2008

Rising food prices threaten the poor

South Africa has experienced the highest rate of food-price inflation since January 2003, the National Agricultural Marketing Council said in its quarterly food price monitor on Thursday. From April 2007 to April 2008 the increase in the Consumer Food Price, as reported by Stats SA, was 15,7%.

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/ 29 May 2008

Sasol announces BEE partners

Sasol on Wednesday announced the 50 black groups which will share in its R28-billion black economic empowerment (BEE) Inzalo transaction. They included energy and mining women’s groups, Sasol business suppliers, customers, franchisees and trade union investment companies, groups conducting skills and community upliftment projects, and professional associations.

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/ 29 May 2008

Reliance may pay premium for MTN control

India’s Reliance Communications is prepared to pay a significant premium for control of South African mobile phone group MTN, the FT Alphaville website said on Thursday. MTN and Reliance said on Monday they were in exclusive talks after India’s biggest mobile phone operator Bharti Airtel broke off talks.

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/ 29 May 2008

Disbanding Scorpions ‘will protect politicians’

The disbanding of the Scorpions will protect corrupt and criminal politicians from prosecution, the deputy director of Public Prosecutions warned on Thursday. The Directorate of Special Operations, also known as the Scorpions, would lose its ability to independently investigate government officials if it was incorporated into the police, said Billy Downer, SC.

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/ 29 May 2008

Karoo drought ‘becoming critical’

Drought in the central Karoo has reached critical proportions, Agri Wes-Cape said on Thursday. ”Large numbers of game and livestock are dying each day from the drought, and lambs perish at birth because the ewes simply do not produce milk,” the farmers’ organisation said in a statement.

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/ 29 May 2008

PPI jumps, points to possible big rate rise

South Africa’s producer price inflation (PPI) accelerated unexpectedly to 12,4% year-on-year in April, increasing the possibility of a bigger than previously expected interest-rate hike in June. Statistics South Africa said on Thursday headline PPI — which represents domestic output — accelerated from an upwardly revised 11,9% in March.