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/ 22 October 2007

DA calls for plan to attract investment

The government needed to take a series of firm and decisive steps to attract the direct foreign investment needed for job-creating economic growth, the Democratic Alliance (DA) spokesperson on trade and industry, Dr Pierre Rabie, said on Monday. In a statement, Rabie listed ten ”action steps” needed to make the South African economy more competitive.

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/ 22 October 2007

‘I never used the hammer’

Murder accused Fred van der Vyver told the Cape High Court on Monday that he never used the ornamental hammer that the state says could have been a murder weapon. Van der Vyver, accused of bludgeoning his student girlfriend Inge Lotz to death in her Stellenbosch flat in 2005, was starting his second day of cross-examination.

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/ 22 October 2007

ANC slams behaviour at Mashabane funeral

The conduct of certain people attending the funeral of former South African ambassador to Indonesia Norman Mashabane was ”despicable”, said the African National Congress (ANC) on Monday. The funeral took place in Phalaborwa on Saturday. ”We deplore the behaviour of these unruly elements. There is no room for such people in the ANC,” the party said.

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/ 22 October 2007

JSE stays sharply lower on world markets

The JSE retained its weak tone at noon on Monday, in line with overseas markets amid renewed concerns about the health of the United States economy. At 11.56am, the all-share index was off 1,51%. Resources fell 2,48%, while the gold-mining and platinum-mining indices gave up 1% and 3,47% respectively.

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/ 22 October 2007

DA wants further cuts in corporate tax

A call for further cuts in corporate taxes was among a number of proposals made by the Democratic Alliance (DA) on Monday — aimed, it said, at growing the economy and encouraging foreign direct investment. Pierre Rabie, who speaks for the party on trade and industry, quoted the World Bank survey <i>Doing Business 2008</i>.

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/ 22 October 2007

Swallows, Leopards can learn from Boks

After watching — and fanatically celebrating — the Springboks’ emphatic victory in the Rugby World Cup final, the Premier Soccer League game between Moroka Swallows and Black Leopards on Sunday paled in comparison. A 91st-minute goal had Swallows coach Ian Gorowa obviously relieved at getting the three points.

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/ 22 October 2007

Race debate awaits World Cup heroes

They may be the world champions, but the Springboks have few illusions that their new status will stave off a new push by the government to overhaul the team’s racial composition. Meanwhile, Springbok wing Bryan Habana was on Sunday named the International Rugby Board player of the year.

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/ 21 October 2007

Wits held to draw by Santos

Bidvest Wits were held to a 1-1 draw by Santos in an Absa Premier League played at the Bidvest Stadium on Saturday. Former Santos midfielder Marawaan Bantam netted in the third minute with a close-range header and Erwin Isaacs scored with a low shot which surprised the Wits captain and goalkeeper Moeneeb Josephs.

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/ 21 October 2007

Five arrested for Lucky Dube’s murder

Five men were arrested on Sunday in connection with the murder of reggae star Lucky Dube, East Rand police said. Police arrested the five, aged between 31 and 35, in Spruitview on the East Rand on Sunday morning. Police spokesperson Superintendent Eugene Opperman said police seized two stolen handguns and a VW Polo.

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/ 21 October 2007

China’s Africa push: Who stands to benefit?

China’s push into Africa is prompting growing interest over Beijing’s motives in the world’s poorest continent, with opinion divided over who stands to benefit most. Speaking at the launch this week of a China research programme run by the Johannesburg-based South African Institute of International Affairs, its chief academic said China had ”changed the game of development”.

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/ 21 October 2007

Hot property: Buyers snap up Ponte apartments

The tallest apartment block in Africa, which has long symbolised Johannesburg’s inner-city decay, is shedding its image as a no-go zone in a radical makeover aimed at young urban professionals. The team behind a R200-million makeover believe apartments will soon be regarded as hot property, especially in the build-up the Soccer World Cup.

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/ 20 October 2007

Alleged robber hit by taxi

An alleged robber was run over by a taxi on Saturday while escaping a Durban crime scene. ER24 spokesperson Derrick Banks said the man sustained severe head injuries and was declared dead at the scene. It is alleged that the man had robbed a woman who had been walking with two men along Berea Road.

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/ 19 October 2007

Exodus of executives continues at Telkom

Telkom chief financial officer Kaushik Patel has resigned, the company announced on Friday. Acting chief executive Reuben September said Patel would leave Telkom at the end of October ”to pursue his own interests”. Patel’s responsibilities will be taken over by the company’s current group executive for corporate finance, Deon Fredericks, in an acting role from November 1.

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/ 19 October 2007

Activists urge MPs to push through children’s Bill

Children’s rights activists on Friday urged MPs to push through a Bill that will ban corporal punishment of children, saying it was vital that children be protected from violence. The social development portfolio committee on Thursday postponed deliberations on the measure after members of the African National Congress’s parliamentary caucus reportedly objected.

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/ 19 October 2007

SA govt against apartheid lawsuit in US

The responsibility of addressing South Africa’s apartheid past lies within the country itself and not the United States courts, Justice and Constitutional Development Minister Brigitte Mabandla said on Friday. In a statement issued by her office, she reiterated the government’s stance against the case brought by a group of apartheid victims in US courts.

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/ 19 October 2007

SA to continue Pakistan tour despite bombings

South African cricket officials decided on Friday to continue their tour of Pakistan despite an assassination attempt on returning former prime minister Benazir Bhutto in Karachi. Cricket South Africa’s general operations manager Brian Basson said that the decision to push on had been taken after the squad received safety assurances from their hosts.

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/ 19 October 2007

Fund established to finance women in mining

The Department of Minerals and Energy has launched a funding initiative to make it easier for women to access finance for mining pre-feasibility studies. State news agency BuaNews reported on Friday that access to finance for pre-feasibility studies was still the greatest challenge facing women in the mining industry.