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/ 19 February 2008

Undersea cable to usher in new bandwidth era

Light is all its going to take to connect South Africans and the rest of Africa to Europe and Asia via the Middle East by 2010. International contractor Seacom is building and will own and operate a high-capacity undersea cable that will stretch over approximately 17 000km, providing cheap bandwidth at high volumes.

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/ 19 February 2008

Sin taxes to go up again, as usual

South African Finance Minister Trevor Manuel is expected to announce the usual sin-tax increases on alcohol and tobacco when he makes his national budget speech on Wednesday. Economists said on Tuesday that they wouldn’t be surprised to hear Manuel announce an increase in taxes on these products.

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/ 19 February 2008

Banks, resources keep JSE firm

The bank and resources indices kept the JSE in positive territory on Tuesday, lifting the bourse 0,7% higher by midday. Banks advanced 2,14% and financials collected 1,14%. The gold mining index added 1,46%, resources lifted 1,11% and the platinum mining index was up 0,58%. However, industrials were down 0,12%.

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/ 19 February 2008

Can it get any worse for Chiefs?

Chiefs are thirteen points behind log leaders Ajax Cape Town and are occupying 12th position in the Premier League log. Now, with a bitter attack from chairperson Kaizer Motaung on the tactics of coach Muhsin Ertugral, can things get any worse for the tottering PSL giants?

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/ 19 February 2008

Shoprite half-year earnings rise, but trouble ahead

South African retailer Shoprite reported a 55,1% rise in half-year headline earnings per share, as an emerging black middle class spent freely, but said it faced tougher times in the year ahead. Diluted headline earnings per share — the main profit measure in South Africa — rose to 128,4 cents, while revenue climbed 21,7% to R19,105-billion.

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/ 19 February 2008

Early birds will catch total eclipse of the moon

South Africans will be able to see a total eclipse of the moon just before sunrise on Thursday. ”South Africans out [very] early on Thursday morning are in for a treat — an eclipsed Moon with Saturn over in the west, and a line of three planets over in the east above the rising sun,” said Claire Flanagan, Planetarium director.

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/ 19 February 2008

Delft evictions under way

Evictions have begun at the housing development in Delft illegally occupied by backyard dwellers, the Western Cape Anti-Eviction campaign said on Tuesday morning. A Cape High Court judge on Monday refused the more than 1 000 squatters leave to appeal against an earlier eviction order.

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/ 19 February 2008

Absa says 2007 earnings rise 19%

Absa increased full-year headline earnings per share by about 19% and played down the potential impact of a slowdown in the domestic economy. Absa said on Tuesday that headline EPS rose to R14,01 in 2007 from R11,81 while headline earnings increased to R9,413-billion from R7,872-billion.

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/ 19 February 2008

Man avoids life sentence for robbery, murder

A Pretoria High Court judge ruled on Monday that a murderer and robber did not deserve life imprisonment because of his disadvantaged background. Acting Judge Legodi Phatudi sentenced 35-year-old Jeffrey Mogatla of Mamelodi East to 40 years imprisonment, of which he effectively has to serve about 19 years — for the murder and robbery of Mariana Bothma.

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/ 18 February 2008

New fund to combat poverty among women

The newly established Isivande Women’s Fund is a step towards reducing poverty among women, Deputy President Phumzile Mlambo-Ngcuka said on Monday. Unveiling the fund logo to business and media at the presidential guest house in Pretoria, the deputy president said it will help mainly black woman entrepreneurs.

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/ 18 February 2008

Court not swayed by Delft appeal application

The Cape High Court on Monday dismissed an application for leave to appeal against an eviction order that compelled illegal occupiers of unfinished homes in Delft on the Cape Flats to vacate their houses by 6pm last Sunday. Judge Deon van Zyl ruled late on Monday that the grounds for appeal were altogether without merit.

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/ 18 February 2008

Microbicide trial failure deals blow to Aids war

An anti-Aids gel that had reached the final phase of testing was unable to prevent the transmission of HIV, research NGO and non-profit organisation the Population Council said on Monday. It said the third phase of the clinical trials into the product found it ineffective in preventing male-to-female HIV transmission during vaginal intercourse.

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/ 18 February 2008

Power crisis likely to wipe out surplus

The goal posts for Finance Minister Trevor Manuel’s spending plans in Wednesday’s national budget were carefully placed last October when he revealed his medium-term expenditure framework. However, political change and the dramatic change in economic outlook caused by the electricity crisis have set the posts whirling.

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/ 18 February 2008

Schools to teach new Bill of Responsibilities

South African schoolchildren will be taught a Bill of Responsibilities along with the Bill of Rights, Education Minister Naledi Pandor said in Pretoria on Monday. Unveiling the Bill of Responsibilities, Pandor said: ”It is to say how we exercise rights, with the understanding that rights come with responsibility.”

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/ 18 February 2008

Gardener jailed over under-age sex

An Eastern Cape gardener accused of raping an 11-year-old girl was sentenced to 54 months’ imprisonment by a Grahamstown High Court judge on Monday after pleading guilty to a lesser charge of statutory rape. The state initially charged Khulile Ntshabase (24) with raping the girl at a house in Hogsback on August 4 last year.

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/ 18 February 2008

Shaka statue to be ‘very high’ but not 106m

A statue of King Shaka Zulu ka Senzangakhona to be built north of Durban will be ”very high” but not 106m tall, the KwaZulu-Natal premier’s office said on Monday. Logan Maistry, spokesperson for Premier S’bu Ndebele, said the exact height and cost of the statue cannot be determined until architects complete the design.

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/ 18 February 2008

Twins celebrate 100th birthday in Jo’burg

Johannesburg twins Dora Uys and Ethel Nembula will be among the world’s oldest twins when they turn 100 on Wednesday. Dora’s daughter Joyce Uys said about 150 family members will be gathering in Riverlea next weekend to celebrate the twins’ birthday, and a church service will be held in their honour on Wednesday.

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/ 18 February 2008

Turn talk into action, ID tells Manuel

Finance Minister Trevor Manuel’s national budget on Wednesday should "turn talk into action", the Independent Democrats (ID) said on Monday. "Our economy is faced with a number of constraints, from the looming threat of a global recession … to the domestic energy crisis," ID spokesperson Schalk Lubbe said.

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/ 18 February 2008

Power is a priority in Gauteng

Saving electricity and promoting energy efficiency must be a top priority in 2008, Gauteng Premier Mbhazima Shilowa said in his State of the Province address on Monday. "The future was rosy on December 31 2007, but suddenly everyone is buying candles and researching property in Perth," Shilowa said in Johannesburg. He also discussed transport improvements planned for 2008.

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/ 18 February 2008

SA mulls Kosovo independence

The South African government is still deciding whether to recognise Kosovo as an independent country, Foreign Affairs Minister Nkosazana Dlamini-Zuma said on Monday. It is expected that the decision would have to be taken soon as it would again be discussed by the United Nations Security Council on Tuesday afternoon.

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/ 18 February 2008

All eyes on Manuel ahead of Budget

Finance Minister Trevor Manuel’s national budget speech on Wednesday is even more keenly anticipated this year in view of the electricity crisis and its anticipated negative effects on the economy, and Democratic Alliance spokesperson Kobus Marais has urged Manuel to tackle the crisis head-on.