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/ 20 November 2007

Johncom becomes Avusa on shareholder approval

South African media company Johnnic Communications (Johncom) said on Tuesday it will now change its name to Avusa on November 26 after shareholders gave the name change the green light. The name was constructed in such a way so as to relate to the company’s vision and strategy, as it uses the words Audiovisual, Vision, Unique and Unity, and South Africa to make up Avusa.

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/ 20 November 2007

World Cup may cost billions more

Projected costs for South Africa’s preparations to host the 2010 Soccer World Cup could be up to 20% higher due to factors such as rising steel and cement prices, Deputy Finance Minister Jabu Moleketi said on Tuesday. Officials in the host cities have delivered cost escalations between R2,8-billion and R3,4-billion above budget.

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/ 20 November 2007

SA, Mozambique sign treaty on defence, security

South Africa and Mozambique on Tuesday signed a treaty for the establishment of a Joint Permanent Commission on Defence and Security. Speaking at the signing of the agreement, Defence Minister Mosiuoa Lekota said cooperation on defence and security between South Africa and Mozambique is critical with an eye on the 2010 World Cup.

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/ 20 November 2007

Basson prosecutors embarrassed by testimony

The hearing of germ-warfare expert Wouter Basson has been postponed until September next year, after prosecutors on Tuesday said they were embarrassed by the testimony of their own expert witness. Basson on Monday pleaded not guilty to six charges brought against him at the Health Professions Council of South Africa.

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/ 20 November 2007

JSE lower on volatility among miners

Volatility in resource stocks, as well as in the mining indices, buried the JSE in the red at midday on Tuesday. At noon, the all-share index gave up 0,69%, led by a 1,69% pull back in the gold-mining index. Resources dipped 1,59% and the platinum-mining index was off 0,42%. Financials eased 0,27% and banks were unchanged (+0,01%), but industrials inched up 0,15%.

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/ 20 November 2007

Get ready for Hansie, the movie

The filming of <i>Hansie</i> — based on the life of the late South African cricket captain Hansie Cronje — has been completed, its producer said on Tuesday. "The movie is looking beautiful and we are very happy with the quality of the scenes we have shot," producer Frans Cronje, the brother of the cricketer, said in a statement.

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/ 20 November 2007

In-form Dale Steyn included in SA ODI squad

Nashua Titans fast bowler Dale Steyn has been included in the Proteas squad for the Standard Bank International Pro20 as well as the three-match MTN one-day international (ODI) series against New Zealand. The Phalaborwa express replaces Justin Kemp in the only change to the squad that won the ODI series in Pakistan.

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/ 20 November 2007

Banks set to invest in self-service banking

South African banks are embracing self-service as a strategic imperative, and can be expected to invest heavily in solutions that allow their customers to access a full range of banking services wherever they are and at any time, according to the recent <i>Self-Service Strategies in South Africa 2007</i> survey.

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/ 20 November 2007

Engen slows operations due to tank fire

South African oil refiner Engen has slowed operations at its 180 000 barrel-per-day plant in Durban after an oil tank caught fire, although the blaze did not damage the refining facilities. The fire, which continues to burn, started on Monday evening when a petrol tank containing about seven million litres of petrol exploded.

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/ 20 November 2007

‘Freedom fighter’ has a question for Koornhof

Ben Mafani never met Piet Koornhof, who died this week at the age of 82. But he hopes to come face to face with Koornhof in the life hereafter, because he has a question for the apartheid-era Cabinet minister. Mafani wants to know why he, his family, and thousands of other people were forcibly removed from ”white” South Africa three decades ago.

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/ 19 November 2007

Govt: We have no knowledge of EU meat-ban threat

European Union agriculture experts have recommended a ban on South African ostrich meat, but the Department of Agriculture says it has no official knowledge of this threat to the R1,2-billion export industry. ”As I speak now, I don’t have any official correspondence [from the EU],” the department’s chief communications director said on Monday.

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/ 19 November 2007

Wouter Basson denies unprofessional conduct

While he might have been part of the apartheid government’s secret chemical and biological warfare programme, he did not act unprofessionally, Wouter Basson said on Monday. Basson pleaded not guilty to six charges brought against him at the Health Professions Council of South Africa. The charges relate to his time as head of the apartheid government’s chemical and biological warfare project.

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/ 19 November 2007

ANC NEC to meet ahead of December conference

A special meeting will be held before the African National Congress’s (ANC) 52nd annual conference in December, the party said on Monday. ”The NEC [national executive committee] agreed to hold a special meeting before the conference to further discuss issues for inclusion in the NEC’s report to conference,” ANC spokesperson Smuts Ngonyama said.

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/ 19 November 2007

Mbeki, Zuma fight it out in damaging race

The battle to lead the ruling African National Congress (ANC) has boiled down to President Thabo Mbeki and his former deputy, Jacob Zuma, in a clash that has shaken the party to its core. There are no signs that an economic boom will end anytime soon but millions of South Africans mired in poverty are waiting for the ANC to ease their hardships.

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/ 19 November 2007

Durban 2010 strike comes to an end

The two-week long strike by construction workers building Durban’s Moses Mabhida Stadium came to an end on Monday after workers accepted an offer made by the Group Five-WBHO consortium. National Union of Mineworkers regional coordinator Bonginkosi Mncwabe said workers would return to work on Tuesday morning.