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/ 18 April 2008

Racism goes beyond lynching niggers

"The race discourse is not going to disappear because it makes some people uncomfortable to talk about it. By talking about it, I don’t mean a finger-pointing session, but a frank discussion about what the historical victims of racism perceive racism to be," writes Fikile-Ntsikelelo Moya.

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/ 18 April 2008

Pass the baton

Thabo Mbeki has spent years — and a good deal of jet fuel — in his efforts to convince African and world leaders that his gradual approach to resolving the crisis in Zimbabwe offered the only real prospect of success. He came close to being right. But then Mbeki’s studied neutrality began again to look like support for Mugabe.

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/ 17 April 2008

Rates, power crisis knock building industry

Building activity in South Africa continues to be negatively affected by the rising level of interest rates, high input costs and the slowdown in consumer demand. This trend will probably continue, as further monetary policy tightening is very likely, given that consumer inflation is expected to remain elevated for the rest of this year.

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/ 17 April 2008

UN chief alarmed at violence in Gaza

United Nations chief Ban Ki-moon on Wednesday expressed grave concern at the mounting violence in the Gaza Strip and southern Israel and urged all parties to show restraint. "The secretary general is gravely concerned at the escalation of violence in Gaza and southern Israel," his press office said in a statement.

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/ 17 April 2008

Annan: Long road ahead for Kenya

Former United Nations chief Kofi Annan on Wednesday urged Kenyans to support the new coalition government, saying the deeply divided country had a long way to go after a post-election crisis. Annan mediated a power-sharing accord that curbed months of violence following disputed elections.

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/ 16 April 2008

Oil price hits record high near $115

The price of New York oil on Wednesday struck an historic peak at $114,95 on news that United States energy inventories tumbled last week and as the US currency hit an all-time low against the euro, traders said. Later on Wednesday, New York’s main oil contract, light sweet crude for delivery in May, stood at $114,37 a barrel, up 58 cents on Tuesday’s close.

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/ 16 April 2008

Boy corrects Nasa’s asteroid figures

A 13-year-old German schoolboy corrected Nasa’s estimates on the chances of an asteroid colliding with the Earth, a German newspaper reported on Tuesday, after spotting the boffins had miscalculated. Nico Marquardt calculated that there is a one-in-450 chance that the Apophis asteroid will collide with Earth.

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/ 16 April 2008

Zim inflation rockets to 165 000%

Zimbabwe’s annual rate of inflation soared to an all-time high of almost 165 000% in February, according to the latest government statistics obtained on Wednesday. In a report seen by Agence France-Press, the Central Statistical Office said year-on-year inflation for February stood at 164 900,3%.

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/ 16 April 2008

Free advice for the ANC

Guy Berger gives a few pointers to the ANC: We are at one about media diversity — adding to the pool of choice among newspaper readers. And let’s agree with some of your concerns about existing newspapers. But starting an ANC paper is an ill-fated way to expose people to your perspectives on framing the news.

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/ 15 April 2008

Oil prices scale record highs above $112 a barrel

World oil prices touched new record highs above $112 a barrel in Asian trade on Tuesday as supply concerns and a sluggish greenback remained key factors behind the hike, dealers said. They said market sentiment remained bullish after the latest United States government data showed a surprise sharp fall in the country’s energy stockpiles.

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/ 14 April 2008

World stocks dampened by dim earnings

Asian stocks tumbled on Monday followed by losses across European and United States markets on concern over company earnings and increasing gloom about prospects for the global economy, analysts said. Wall Street stocks opened lower as Wachovia bank, one of America’s largest retail banking groups, announced a net loss of $350-million.

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/ 14 April 2008

The winter of our snootiness

The cold stimulates a fondness for roasted potatoes, pastries and food served in various kinds of "dollops". Nothing good for you comes in a dollop. Under cover we swell like dough beneath a tea cloth. By the time it’s warm enough to strip off the frump, it’s barely worth the trouble.

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/ 11 April 2008

Reserve Bank to hold regional meetings on policy

The South African Reserve Bank will be hosting the first round of regional monetary policy forum (MPF) meetings in May 2008. "Monetary policy has an impact on everybody. The main objective of the MPF meetings is to enhance the transparency of the bank’s monetary policy decision-making process and accountability to the public," it said.

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/ 10 April 2008

Juvenile delinquency?

Yes, the African National Congress’s conference at Polokwane last December was a watershed ushering in a grassroots democracy. But it has also bequeathed a worrying political culture in evidence at this week’s abortive ANC Youth League conference. As delegates boozed, scuffled and stripped for the camera, not a single resolution was passed.

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/ 9 April 2008

China takes SA position atop the gold stakes

China became the world’s biggest producer of gold last year, overtaking South Africa, which held top spot for 100 years, independent precious-metals consultancy GFMS said on Wednesday. Meanwhile, the price of gold was on course to reach a record high of $1&nbsp;100 an ounce in 2008, the group added in its latest annual <i>Gold Survey</i>.

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/ 9 April 2008

France blames Chinese for Olympic torch chaos

France’s interior minister faulted the Chinese organisers of the Olympic torch relay for its chaotic run through Paris, saying in an interview on Wednesday that French police merely provided technical support. "The Olympic rule is that the organising country is always responsible for preserving the flame," Interior Minister Michele Alliot-Marie said.

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/ 9 April 2008

HIV/Aids barometer: April 2008

Two global research organisations dedicated to designing a vaccine against HIV — the International AIDS Vaccine Initiative and the Centre for HIV/Aids Vaccine Immunology — have signed an agreement to work together to address major biological questions that have slowed development of a safe, effective and affordable Aids vaccine.

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/ 9 April 2008

Partners for change

As part of its Human Rights Month celebrations the South African Human Rights Commission, in partnership with the African Institute of Corporate Citizenship and the Office of the High Commissioner for Human Rights, will host a national human rights and business conference titled <i>Business, Development and Poverty</i>.

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/ 8 April 2008

The good son

Uhuru (Freedom) Kenyatta, the son of Mzee Jomo ­Kenyatta, Kenya’s first president, is the candidate anointed by the Gikuyu council of elders to replace Mwai Kibaki. Binyavanga Wainaina finds out why this is and what the contrasts are between the sons of Kenya’s legendary leader.

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/ 8 April 2008

Mission Impossible for S Korean burglar

A South Korean jewel thief who said he was inspired by the 1996 hit movie <i>Mission: Impossible</i> found his crime really was impossible when he triggered an alarm system, a report said on Tuesday. The man, identified only as Weon, used a hacksaw and screwdriver to break through the roof of a Seoul jewellers’ shop and then lowered himself by rope.