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/ 17 February 2006
‘Good morning and welcome to today’s virtual bus outing in our six-day nostalgia tour package. Today we are going to be taking a look at a few of Johannesburg’s colonially inspired architectural treasures, all of them filled with pre-democratic memories.
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/ 17 February 2006
A series of questions about local government issues (and a few more general ones) to help you decide which party to vote for in the municipal elections on March 1 2006. Question 13. In May last year, the Institute for Democracy in South Africa’s (Idasa) application to have political parties disclose their funding sources was […]
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/ 17 February 2006
<a href="http://www.mg.co.za/specialreport.aspx?area=zuma_report"><img src="http://www.mg.co.za/ContentImages/243078/zuma.jpg" align=left border=0></a>Jacob Zuma’s legal team is set to launch an application to set aside corruption and fraud charges against him. The bid to knock out the state’s case — based on the claim that the former deputy president’s right to a fair trial has been unfairly prejudiced — was mooted last year, but has now been set in motion, Zuma’s attorney Michael Hulley confirmed on Thursday.
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/ 17 February 2006
Not too hot, not too cold, but just right — that’s the Goldilocks formula, and Trevor Manuel’s 10th anniversary Budget has it down to a nicety. Manuel is no longer a stranger in the house of high finance, testing out the furniture, burning his tongue and irritating the bears.
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/ 16 February 2006
Denel, the loss-making defence parastatal, is to get a government rescue package that could reach more than R5-billion as it struggles to ward off insolvency, to restructure and to attract new strategic partners. The new funds should clear the way for the announcement of an equity partnership with the Swedish firm Saab.
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/ 16 February 2006
The South African National Defence Force appears to be escaping somewhat from the stranglehold of expenditure on the strategic defence procurement package as the repayment peaked last year and drops off from 2006 to 2008. Of the total defence costs of R23,5billion for 2005, R9,2billion was allocated to the Strategic Defence Account.
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/ 16 February 2006
Relatives of the original composer of <i>The Lion Sleeps Tonight</i> have dropped a lawsuit against Disney after settling for an undisclosed sum of money with a United States music publishing house. The family of the late Solomon Linda, who composed the original Zulu tune for the song, was claiming R10-million in damages from the entertainment giant.
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/ 16 February 2006
Hungary’s main opposition party, Fidesz, said on Thursday that it had made a "serious mistake" in hacking into the server of the governing Socialist party ahead of the April general elections. "Whichever one of our enthusiastic staff did this committed a serious mistake, but the world will not come to an end," said Fidesz campaign chief Antal Rogan.
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/ 16 February 2006
Top Hamas leader Ismail Haniya looked set Thursday to be appointed new Palestinian prime minister as Israel prepared to impose a series of sanctions after the Islamists form a new government. Hamas sources said Haniya, who led the radical movement to a landslide victory in last month’s general election, was clear favourite to be installed as head of government after Saturday’s inaugural session of the new Parliament.
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/ 16 February 2006
Australian public broadcaster SBS on Thursday defended its decision to show previously unseen pictures of the abuse of prisoners in Iraq’s notorious Abu Ghraib prison by United States troops. Washington has complained that the broadcast could further inflame anti-US sentiment and endanger troops in Iraq.
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/ 16 February 2006
South African retail group Woolworths on Thursday reported a 19,6% increase in headline earnings per share to 53,1 cents for the 26 weeks ended December 2005 from 44,4 cents a year ago. An interim dividend of 24 cents per share was declared. The group reported a 16,7% rise in revenue to R7,415-billion.
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/ 16 February 2006
World number-two platinum miner Impala Platinum (Implats) on Thursday reported headline earnings per share of R28,06 for the half-year to December 2005, up 78% from R15,81 in the half-year to December 2004 due to stronger dollar metal prices. The increase in the group’s headline earnings was better than it had previously advised.
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/ 16 February 2006
South African newspaper publisher Caxton on Wednesday reported diluted headline earnings per share of 59,2 cents for the six months ended December 2005 from 53,5 cents a year ago. Headline earnings per share came in at 59,8 cents from 54,2 cents before.
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/ 16 February 2006
The Richtersveld community and state-owned diamond miner Alexkor have concluded a framework agreement that lays out terms for the settlement of the massive land claim launched in 1998 against the company. In terms of a memorandum of understanding signed by representatives of the claimants and the company, the community will get a large stake in Alexkor.
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/ 16 February 2006
In the Medium Term Expenditure Framework delivered in October last year, Trevor Manuel announced that projections for the budget deficit over the next three years would be substantially lowered from about 3% to about 2%. In Wednesday’s Budget he reduced this even further to 1,5% for next year, falling to 1,2% by fiscal year 2008/09.
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/ 16 February 2006
In more comment on the national Budget for 2006/07, the South African Communist Party is pleased that company tax was not cut, though the African Christian Democratic Party disagrees; Absa says the Budget is good for the property market; and an economist says the Budget is "on balance good".
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/ 15 February 2006
Police brandishing whips and some carrying guns broke up demonstrations by women and students in Bulawayo city and arrested 159 of the protesters who were marching across the city calling on President Robert Mugabe to resign. Meanwhile, the police on Sunday night heavily assaulted informal traders near Harare’s Market Square bus termini.
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/ 15 February 2006
According to the latest Absa house-price index, nominal house price growth was 14,9% year-on-year in January compared with a revised growth rate of 15,5% in December. While all indications point to a slowdown in residential property, the market may begin to recover as early as the first half of 2007, an FNB property strategist said.
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/ 15 February 2006
In a bid to recoup R1,604-billion in losses reported for the financial period ended March 2005, the state-held arms manufacturer Denel is expected to shed 7 000 jobs, the National Union of Metalworkers of South Africa said on Wednesday. Denel is due to respond to the trade union’s claims later on Wednesday.
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/ 15 February 2006
Stepping back from the big media-fed "Holy jihad, Batman!" wankfest that’s erupted recently over some arbitrary doodles that appear to infringe on some people’s "religious" ideas of reality, I can do no better than to point you towards a United Kingdom <i>Daily Telegraph</i> article looking at the whole highly suspicious charade.
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/ 14 February 2006
Iran said on Tuesday that the fatwa or religious edict condemning British author Salman Rushdie to death over his novel <i>The Satanic Verses</i> will remain in force forever. The announcement was made on the anniversary of the 1989 edict issued by the leader of Iran’s Islamic revolution, Ayatollah Ruhollah Khomeini.
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/ 14 February 2006
United States comedians and satirists have seized upon Vice-President Dick Cheney’s quail hunting accident, in which he fired shotgun pellets at a lawyer friend Harry Whittington. David Letterman on his talk show said: "Good news, ladies and gentlemen, we have finally located weapons of mass destruction: it’s Dick Cheney."
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/ 14 February 2006
Social Development Minister Zola Skweyiya says that last week’s article "Oilgate: Did Majali try to bribe Skweyiya?" excluded important information he provided to the newspaper. We publish his full responses to reporter Sam Sole’s questions.
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/ 14 February 2006
Leading Jersey-based investment house Ashburton has joined the chorus of offshore watchers of the South African economy who expect Minister of Finance Trevor Manuel to announce a significant relaxation in foreign-exchange controls during his Budget speech.
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/ 14 February 2006
South African mobile service provider Vodacom is to significantly increase its capital investment in Tanzania, leading to the creation of many more jobs in that country. Alan Knott-Craig, Vodacom Group chief executive officer, on Tuesday said the group would be increasing its investment in the East African state by about 150-billion Tanzanian shillings ($ 1 260 504) in the next year.
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/ 14 February 2006
A top Zimbabwean judge has said it is not the duty of the judiciary to spring anyone into political office, in what virtually amounts to a rebuke against opposition leader Morgan Tsvangirai who has petitioned the courts to nullify President Robert Mugabe’s 2002 re-election victory.
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/ 14 February 2006
Monitoring human rights abuses around the world can be dangerous, with data collectors, reporters and community members at constant risk of discovery. The Martus project pits the best of the open-source software world against abusers to create a safe and secure environment in which human rights activists can record and store data.
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/ 13 February 2006
A consortium consisting of Indian infrastructure group GVK and South African companies Airports Company South Africa (Acsa) and listed industrial group Bidvest have been awarded the contract to modernise one of India’s two main airports, Mumbai International airport.
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/ 13 February 2006
Bored with the same old candlelit dinner, red roses and chocolate truffles on Valentine’s Day? Newly rich Chinese are looking to something decidedly more edgy — matching plastic surgery for him and her. In Shanghai’s increasingly competitive plastic surgery market, clinics are offering Valentine’s Day discounts.
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/ 13 February 2006
The number of twin births is rising rapidly across China as more women take fertility drugs, often in order to circumvent the nation’s stern population policies, state media said on Monday. At the Maternal and Child Hygiene Hospital in east China’s Nanjing city, 90 sets of twins and triplets were born last year, compared with usually just 20 sets annually.
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/ 13 February 2006
As we hurtle towards municipal elections in South Africa in a matter of weeks, the escalating campaign by various parties, to make people sit up and take notice seems to demonstrate a fear that apathy has taken hold of our populace a mere decade after the universal franchise was finally won in the wake of a long and bitter struggle.
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/ 12 February 2006
Ousted Iraqi dictator Saddam Hussein and his seven co-defendants have decided to go on hunger strike, one of his Jordan-based lawyers said on Sunday. "The [former] president and his comrades have decided to stage a hunger strike to protest against the tribunal’s attempts to force them to appear" in court, Zyad Najdawi told Agence France-Presse.