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/ 19 December 2006

Gauteng economy steams ahead

The Gauteng Business Barometer (GBB) jumped by six index points, or 3,7%, to 152 points in November, reflecting robust business activity in the country’s richest province. This was 0,8% higher than the November 2005 level of 150 points. Compiled by Standard Bank and T-Sec chief economist Mike Schüssler, the GBB shows robust business activity in virtually all sectors of the economy.

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/ 19 December 2006

UN appeals for $1,8bn in Sudan aid

Sudan’s humanitarian and development needs will reach a whopping $1,8-billion in 2007, by far the largest share of the global funds demanded by United Nations chief Kofi Annan, the UN said Tuesday. "Sudan will require more than $1,8-billion to fund humanitarian, recovery and development projects in 2007," said a UN press release.

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/ 18 December 2006

Consortium makes firm offer for Alexander Forbes

A consortium of private equity investors, the Actis Consortium, has made a firm offer of 1 625 cents for international financial and risk services group Alexander Forbes. The offer represents a 16% premium to the closing price of Alexander Forbes’ share on the JSE on June 6 2006 which was the day before the group published the first cautionary in respect of the proposed offer.

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/ 18 December 2006

Diamonds just icing on Japanese cake

In the mood for an extra-rich dessert after Christmas dinner? A Japanese department store is offering a cake layered with 100 diamonds — for a cool 100 million yen ($850 000). The chocolate cake, whose diamonds weigh a combined 50 carats, is on display at the Takashimaya department store in the western city of Osaka.

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/ 18 December 2006

Subtlety beats the big stick

The divergent experiences of two United States military units in the first year of the invasion of Iraq hold lessons for countering terrorism in Africa. In 2003, the northern city of Mosul had all the ingredients for a potential insurgency: it was home to the Iraqi Islamic Party as well as to more than 100 000 disbanded and unemployed former Iraqi army soldiers and sympathetic Kurdish militias.

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/ 18 December 2006

Autumn of the patriarch

A casual visitor to the drab committee room in the British Parliament building where the fate of General Augusto Pinochet was decided during five weeks in 1998 and 1999 might have been excused for missing the case’s historical significance. The law lords in business suits sat in front of robed and wigged barristers.

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/ 17 December 2006

Judge delivers fireworks in Bushmen trial

Her name is Unity Dow, Judge Unity Dow. But she may remind some of Portia — Shylock’s nemesis — for the performance she put on last week for the Bushmen of the Kalahari. Last Wednesday, Botswana’s Bushmen won a historic victory at the end of a four-year legal battle to hold on to their ancestral lands.

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/ 17 December 2006

Google in your pocket

Google is on the move. The internet giant has held talks with Orange, the cellphone operator, about a multibillion-dollar partnership to create a "Google phone" that makes it easy to search the web wherever you are. The collaboration is seen as a potential catalyst for making internet use of cellphones as natural as on desktop computers and laptops.

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/ 15 December 2006

Uranium red-hot on skyrocketing demand

The price of uranium has quietly, in a behind-the-scenes kind of way, soared elevenfold since 2000, having reached $63 a pound from about $7 previously, according to uranium industry watchers UX Consulting. Analysts believe it could reach $70 a pound next year. The metal is not traded on the open market and only spot prices are available.

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/ 15 December 2006

Saints and martyrs

The Basilica San Paolo, also known as St Paul’s Outside the Walls, slumbers in marble splendour in an attractively shabby southern suburb of Rome. Graffiti-illuminated trains rattle and roar past its imposing cloister walls, and elderly harpies in heels goad tiny, furry martyrs resentful motion across the wide common at its rear that runs down towards the Tiber.

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/ 15 December 2006

ZA@Play – Hot tips for the weekend 16/07/99

Theatre Fresh from the recent National Arts Festival, Jo’burg production Ways of Dying has opened as part of the Market Theatre’s new season. Lara Foot Newton’s inventive stage adaptation of Zakes Mda’s novel is a powerful affirmation of the commonality of human experience and the universal healing power of love. Undoubtedly the most acclaimed work […]

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/ 15 December 2006

Caroline Cullinan Calendar

The Caroline Cullinan calendar is back by popular demand, published by the Mail & Guardian. Celebrating the final year of Nelson Mandela’s presidency, the 1999 calendar features six full-colour images echoing themes from Mandela’s inaugural speech.

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/ 14 December 2006

India lifeguard candidates flunk swim test

Tourism officials in the Indian coastal resort state of Goa are having a tough time finding lifeguards after just one candidate out of 129 passed the swimming test, a report said. Only one could swim 400m in the mandatory nine minutes and nearly half could not complete the stretch at all, the <i>Times of India</i> reported under the headline "No Baywatch in Goa: Lifeguards flunk test."

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/ 14 December 2006

Figures show decrease in liquidations, insolvencies

The total number of liquidations recorded for the first eleven months of 2006 decreased by 8,9% compared with the first eleven months of 2005, Statistics South Africa (Stats SA) reported on Thursday. The aggregated total of the number of liquidations (2 760) for the eleven months is the lowest compared with the same period for the years 2000 until 2006, Stats SA said.

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/ 14 December 2006

Gunmen kidnap dozens of merchants in Baghdad

A band of gunmen wearing military uniforms descended on a commercial street in the centre of Baghdad on Thursday and kidnapped dozens of merchants in a brazen daylight raid. Witnesses and security officials said about 100 gunmen wearing military uniforms and driving about 20 silver sports utility vehicles grabbed between 40 and 50 people.

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/ 14 December 2006

Harare expected to unveil new currency

Reserve Bank of Zimbabwe Governor Gideon Gono is expected to introduce a long-promised new currency next month for the economically troubled Southern African nation, banking industry sources said. The Zimbabwe dollar is shedding more value at the moment than any other currency in the world.

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/ 14 December 2006

Political bling

It’s a pity that a hard-working woman’s year will be remembered for little more than her flying habits. Deputy President Phumzile Mlambo-Ngcuka’s year started on a high-flying note — and it has ended in exactly the same way. In January, she hit the runway rolling as a holiday to Dubai aboard a defence force jet got up the nation’s nose.

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/ 13 December 2006

Activists march against rights violations in Zim

Zimbabwean lawyers, human rights and pro-democracy activists on Wednesday marched across Harare protesting against increasing human rights violations and the use of torture by state security agents. The protesters, numbering more than a 100 people and who demanded urgent action to end human rights abuses and torture, handed a petition to the Supreme Court.