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/ 12 September 2005

De Beers’s tax bill is forever

De Beers faces a multibillion-rand tax claim over a massive stockpile of diamonds it exported just ahead of South Africa’s first democratic election in 1994, the <i>Mail & Guardian</i> learnt recently. Subsequent exports are also under scrutiny. De Beers shipped 19-million carats — about three-and-a-half tonnes of unpolished stones — to London ahead of the April elections.

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/ 12 September 2005

Internet for grannies

In a bid to obtain specific comment and input on the structure of the .za internet domain as well as engaging a wide range of stakeholders, the .za Domain Name Authority has started a public consultative process around the country-code top-level domain name, the statutory authority said on Monday.

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/ 12 September 2005

Market braces for drop in US crude stocks

Oil prices were steady in Asian trade on Monday as the market braced for an expected decline in United States petroleum stocks when the Department of Energy releases its weekly report this week, dealers said. "People are positioning ahead of the US [petroleum] report and they are expecting a big drop, I suspect," said commodities analyst Mark Pervan.

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/ 12 September 2005

Requiem for New Orleans

One of the first sights you were introduced to as you entered the city of New Orleans from the airport was a quaint old graveyard, still in use, stretching back from the wide highway into clumps of trees and pleasant, slightly unkempt lawns.

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/ 12 September 2005

Deon du Plessis to launch new daily

Publisher of the <i>Daily Sun</i> Deon du Plessis is to launch a new South African daily newspaper on Monday, September 19th. To be called <i>Nova</i>, the paper will appear in a “compact” shape — the first of its kind in the country — and target Gauteng’s “young and aspiring professionals” between the ages of 25 and 40.

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/ 9 September 2005

Restaurant managers reject haunted US digs

Managers of a Japanese restaurant in Miami have refused to take possession of a locale they had leased because, they say, it is haunted. "There have been several documented reports from subcontractors and others of having seen ghosts or apparitions in the restaurant at night," the lawyer for Amura restaurant said.

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/ 9 September 2005

Blind SA man breaks land-speed record

A South African man has become the world’s fastest blind driver after barrelling down an airstrip at an average speed of 269kph, a newspaper reported on Friday. Hein Wagner set his record at the Mafikeng airstrip in north-western South Africa on Thursday, topping the previous record by 33kph.

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/ 9 September 2005

PIC manages assets worth R488bn

Total assets under the management of the Public Investment Corporation (PIC) — formerly the Public Investment Commission — amounted to R488-billion at the end of June this year, says PIC CEO Brian Molefe. This was up from R461-billion at the end of the 2004/05 financial year.

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/ 9 September 2005

‘Hippies of the forest’ face extinction

Bonobos, the great apes threatened with extinction which resolve disputes by having sex, have been given a sanctuary near Kinshasa where they wait to return to their home in the forests of the vast Democratic Republic of Congo. "Lola ya bonobos" is a 30ha forest run by the association Friends of the Bonobos, which over the last ten years has taken care of animals which have escaped being killed.

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/ 9 September 2005

Islamic clerics dismiss Somali president as just a warlord

Islamic clerics in the Somali capital on Friday dismissed President Abdullahi Yusuf Ahmed as another warlord and said they would not recognise him as the leader of the country’s transitional government in the shattered African nation. The Union of Islamic Courts blamed Yusuf for attempting to spark new fighting in Somalia by deploying hundreds of fighters allegedly trained and armed by Ethiopia in his base in Jowhar.

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/ 9 September 2005

WFP sounds alarm over Mozambique famine

The United Nations World Food Programme (WFP) on Friday warned that hundreds of thousands of vulnerable people in Mozambique will go hungry unless the international community steps into the funding void and helps tackle the agency’s dramatic shortfall. Southern Mozambique is particularly hard hit by the food shortages.

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/ 9 September 2005

Bridging divides in Darling

Something of a blueprint for festivals for the performing arts in South Africa may well be in the bud and emerging, along with the annual spree of wild flowers up the West Coast. The community of Darling is hosting its second Voorkamer fest. If that word conjures up those dour, lifeless front rooms, with the sombre ticking of a grandfather clock, then you’re in for a surprise.

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/ 9 September 2005

What’s good for the goose

It is with a sense of jealousy, a feeling of having lost out, that I see King Mswati III of Swaziland is taking unto himself his 13th wife. I don’t for a moment want to garnish myself with 13 wives, however young and attractive they may be; how sensually they disport themselves at the Sea Point reed dances.

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/ 8 September 2005

Donkey dressed as tiger

A restaurant in north-east China has been raided and closed for listing stir-fried tiger meat on its menu, a dish that turned out to be donkey dressed with tiger urine. The Hufulou restaurant in Hailin city in Heilongjiang province is located barely 1km from the Hengdaohezi Siberian Tiger Park.

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/ 8 September 2005

Japan to leap one second ahead

Wanting to be as punctual as possible, Japan will next year move its clocks ahead — by one second. Japan will head one second into the future on January 1 2006 when it adjusts the high-precision atomic clock that keeps Japan Standard Time using advanced physics.

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/ 8 September 2005

Yahoo! sidesteps claims it aided China to jail journalist

Internet giant Yahoo! on Thursday sidestepped claims that it aided China in the jailing of a journalist after he sent an email from a Yahoo account, saying it has to abide by rules laid down in the countries it operates. The company refused to comment further on a claim that it gave information to the Chinese government leading to Shi Tao being jailed for 10 years.

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/ 8 September 2005

Solid jump in Sanlam headline earnings

South African insurance company Sanlam on Thursday reported an 85% increase in headline earnings per share for the six months ended June 30, to 102,5 cents from 55,5 cents for the same period a year ago. In line with past practice, no interim dividend was declared, as Sanlam declares an annual dividend at year-end.

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/ 8 September 2005

Defection dosi-do

Change your partner, two by two. We have had a week now, to watch our elected representatives doing their dosi-do across the legislature floor. And our worst expectations have largely been confirmed. The case of Louis Marneweck, sole representative of the Freedom Front Plus in the Mpumalanga legislature, is emblematic.

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/ 7 September 2005

Penguins in desert for Turkmenistan’s leader

Turkmenistan’s President-for-life, Saparmurat Niyazov, has ordered a zoo be built for 300 species of birds and animals, including penguins, in the Central Asian republic’s Kara Kum desert, state television announced on Tuesday. A year ago, Niyazov announced construction of an ice palace capable of holding 1&nbsp;000 people.

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/ 7 September 2005

And now … banking on Sundays

Absa customers may soon be able to negotiate new overdrafts, finance cars and make cash deposits at their branches on Sundays, if a trial run at two Gauteng branches is anything to go by. In a move unique in banking circles in South Africa, Absa opened two of its biggest and busiest branches last Sunday to test the waters.

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/ 7 September 2005

Visa-wielding tourists spend billions in SA

International tourists travelling in South Africa used their Visa cards to pay for approximately $1,5-billion-worth (R9,51-billion-worth) of purchases at merchants in the 18 months to June 30 this year, with those from the European Union (including the United Kingdom) accounting for $997-million (65%) of the overall spend.

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/ 7 September 2005

Indonesia plays down fears of pirates aiding terrorists

Indonesia on Wednesday played down fears that pirates could link up with terrorists to wreak havoc in the Malacca Strait but pledged to do its part to ensure security in the vital shipping lane. Foreign Minister Hassan Wirayuda, speaking at the opening of a two-day meeting with Singapore and the International Maritime Organisation, said pirates and terrorists had different goals.

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/ 7 September 2005

Sasfin boosts headline earnings by 41%

Banking and financial services group Sasfin has posted another excellent result, with headline earnings up by 41,1% to R85-million for the year to June 30 2005. More than half of the group’s earnings were generated by the Commercial Finance division, which experienced strong demand from growing businesses.