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/ 20 February 2007

Budget 2007: No large-scale tax relief expected

South Africans should not expect large-scale tax relief in this year’s budget. It is likely that the focus will instead fall on social spending with, among others, the planned national pension fund and possibly a basic income subsidy as the core issues, notwithstanding the fact that room for tax relief for individuals does, in fact, exist.

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/ 20 February 2007

Google sues Polish poets over web address

Google has launched legal action against a group of Polish poets, demanding that they give up their internet domain name <i>Gmail.pl</i>, a member of the cultural collective said on Friday. The domain belongs to GMAiL — the "Grupa Mlodych Artystow i Literatow", or Group of Young Artists and Writers.

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/ 20 February 2007

Where to buy ‘his and hers’ military kit

Britain’s Defence Ministry on Sunday launched a rival to online auction site eBay, offering surplus and ex-government military equipment at knock-down prices. Among the items being sold are "his and hers" military uniforms, outdoor gear — mostly in camouflage green — seven light aircraft, three ships and an eight-person rowing boat.

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/ 20 February 2007

Iran cracks down on web critics

An Iranian website fiercely critical of the President, Mahmoud Ahmadinejad, has been shut down in an apparent fresh crackdown on anti-government dissent on the internet. Baztab, a fundamentalist site which has previously accused Ahmadinejad of betraying the Islamic revolution by attending a female dance show, has been closed for acting against the Constitution

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/ 20 February 2007

World Cup can boost African renaissance

South Africans may be basking in the joy of hosting the 2010 World Cup, but we should not forget that this is a time for the whole continent to rejoice. The event provides all of Africa with the chance to open the eyes of the world to our rich potential — that which will perhaps be the most important legacy of what has been described as "Africa’s World Cup".

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/ 19 February 2007

Do widzenia, Kapuscinski

I was lurking around the lobby of the famous old Hotel Kempinski in Berlin, hoping to catch a glimpse of the famous writer and journalist Ryszard Kapuscinski and approach him for an interview. I had told the organisers of the Berlin-based Lettres Internationale prizegiving we were attending (this is about three years ago) that this was the hook for me in flying all the way from Johannesburg.

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/ 19 February 2007

Thousands of Liberians applaud mega-debt relief

Thousands of Liberians on Monday lined the road from airport to the seaside capital, Monrovia, to welcome their leader back from a donors’ conference where she secured a massive debt-relief deal. Villagers and residents of small towns along the 50km road from Roberts International Airport came out to praise President Ellen Johnson-Sirleaf for a "job well done".

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/ 19 February 2007

Police unearth more than 400 baby bones in India

Indian police were on Monday investigating a hospital’s involvement in illegal female foeticide after 437 baby bones were dug up close by the complex, a state government said on Monday. Police began unearthing the bones on Saturday from Christian Medical Hospital, in central Madhya Pradesh state, after a tip-off that medical staff were carrying out illegal abortions.

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/ 19 February 2007

Budget 2007: Save, don’t spend?

This year’s national budget is expected to introduce further initiatives that promote personal savings and discourage overspending after several years of conspicuous consumption by South African consumers. The national manager of financial planning at MortgageSA says the Treasury will almost certainly focus on putting brakes on consumer spending.

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/ 19 February 2007

Zim opposition vows to press on with mass rallies

Zimbabwe’s main opposition vowed on Monday to organise more rallies against President Robert Mugabe’s rule despite a brutal police crackdown on the weekend. Scores were hurt and about 130 arrested on Sunday as riot police used tear gas and water cannons to break up a planned rally in Harare by chief opposition leader Morgan Tsvangirai.

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/ 19 February 2007

First Zimele-approved funeral plan launched

Lion of Africa Life Assurance, the wholly owned subsidiary of Commlife Holdings, has launched one of the first Zimele-approved products — a funeral plan. The Zimele initiative aims to ensure that South Africa’s estimated 17,5-million low-income earners are given access to appropriate life-insurance products.

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/ 19 February 2007

Avoid these insurance pitfalls

Most insurance-related complaints arise as a result of policyholders not being informed or having the time to read the fine print on their policies. A good broker will keep you in the know, but it is always commendable to have an understanding of potential pitfalls.

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/ 19 February 2007

How to market a car to the youth

The Media introduces a new regular feature for media planners this month. Every month, a different media agency will be asked to draw up an advertising plan based on a fictitious brief provided by <i>The Media</i> team. The MediaShop’s Richard Lord was the first to participate.

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/ 19 February 2007

Paradise, with solar laptop

Metropolitan’s chief economist and head of international portfolio management, Réjane Woodroffe, is working from home this week, so I call a cell number. The line is excellent, and I find it difficult to believe the voice on the other end — so close it could be in the next room — is speaking from a rondavel in the Eastern Cape, reached via satellite phone.

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/ 18 February 2007

Teachers are the quiet heroes of Baghdad

An astonishing picture of life inside Baghdad’s schools has been revealed by a group of Iraqi teachers who have travelled to the United Kingdom to gain respite from the daily bloodshed they witness. One, Suad Saleem Abdulla, described how she pulled her own children close every morning and said goodbye as if it was the last time she would ever see them.

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/ 18 February 2007

Army and police desert beleaguered Mugabe

Widespread desertions from Zimbabwe’s army and police are weakening President Robert Mugabe’s security forces as large strikes loom because of the country’s deepening economic collapse. With inflation now at a global record of 1 600 per cent, the <i>Observer</i> can reveal that soldiers and police officers who cannot feed their families are leaving their posts in large numbers.

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/ 16 February 2007

Intel unveils new super-chip

Intel on Monday touted a diminutive new microprocessor that it said could deliver "supercomputer-like" performance to home computers and handheld devices. Intel said its unprecedented programmable processor can perform more than a trillion calculations per second — a "teraflop".

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/ 16 February 2007

Now Google’s email is open to all

In a Valentine’s Day gift to the world, Google has dropped the invitation-only policy for Gmail and made the free e-mail service available to anyone. "Gmail sign-ups are now open worldwide," Google associate product manager David Murray said in a posting on the California internet search engine’s website on Thursday.

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/ 16 February 2007

UK university offers ‘degree in death’

A British university has become the first in the country to offer a degree for funeral directors, it said on Friday. The course at Bath University, in south-west England, will cover everything from bereavement counselling to the disposal of remains. Organisers say it is necessary because traditional funerals are dying out in Britain.

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/ 16 February 2007

Japan joins US in WTO action against China

Japan said on Friday it will join in a United States complaint against China at the World Trade Organisation (WTO) over Beijing’s industrial subsidies. "We are planning to participate in the complaint as a third-party country," Trade Minister Akira Amari told reporters. He said Japan decided to join the complaint after a request from Washington.

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/ 16 February 2007

Guinea’s state of siege

General strikes against growing poverty in Guinea have triggered a series of events that may lead to the near collapse of the 27-year-old regime of President Lansana Conte. Close to 100 people have been killed in violent clashes between strikers and the police and recently Conte decreed martial law and a 20-hour curfew that has further antagonised the population.

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/ 16 February 2007

Stifling red tape to be slashed

Small business received a boost recently with the publication of the draft Companies Bill, intended to replace the three-decade-old Companies Act. The small business sector contributes about 41% to South Africa’s GDP and is most likely to create jobs. Because of this, legislation that helps the sector is also likely to boost economic growth.

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/ 15 February 2007

A social democracy?

A welcome breathing space opened up this week, as those with their hands on the levers of power let policy take precedence over politics. Measures outlined in President Thabo Mbeki’s State of the Nation address, which will be fleshed out in the budget, provide hope for a more meaningful attack on poverty.