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/ 31 March 2005

A boom for all

In the midst of our middle-class economic boom it is easy to delude ourselves that other South Africans are thriving. The Reserve Bank’s quarterly bulletin will no doubt fuel the optimistic view of a country poised for "unprecedented" growth and prosperity. If that is true, that is good news. But other developments on the employment front suggest there is no reason to celebrate yet.

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/ 30 March 2005

Economists react to February CPIX

South African economists have reacted to South Africa’s consumer price index excluding mortgage rate changes (CPIX) for February. CPIX was up 3,1% year-on-year for metro and other areas in February. "The figure is pretty much as expected, but the main concern is on the outlook for the next few months," said one economist.

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/ 30 March 2005

Youths arrested for fake Zim election flyers

<img src="http://www.mg.co.za/ContentImages/199502/Zim_icon.GIF" align=left>Zimbabwe police on Tuesday arrested six youths for distributing fake flyers calling for an opposition boycott of elections in what an activist said may have been a ruling-party tactic to deter voters. "Boycott polls: we are not participating because Zanu-PF have failed to implement the SADC [Southern African Development Community] protocol," read the sheets.

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/ 30 March 2005

The multimedia global mafia

"As you may or may not know, the world has been arbitrarily divided up into "zones" in which movies and DVDs are released. Each zone often has its own release dates, and on top of that, each local zone has a unique kind of "coding" done to all DVD players and media. Why? Very simply, it’s so that the entertainment industry can try to control what you see and when you see it." Ian Fraser investigates.

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/ 30 March 2005

Nearly as good as new will do just fine

At 9am on a Monday morning, the used clothing vendors at Chiquelene Market in Mozambique’s capital, Maputo, are still unpacking their wares. The sale of clothing donated to charities in Europe and North America has supported Angelina Arnaldo and her seven children for 17 years. On a good day, she takes home around $10. "It’s easier than selling food because it doesn’t go off," she explained.

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/ 29 March 2005

Expats buy SA property on the web

In the wake of a global record holiday-season online buying spree, South African property is the latest beneficiary of the rush towards cyber-shopping. Saul Geffen, MD of MortgageSA, says: "We have seen a marked increase in South Africans living abroad applying for home financing through the MortgageSA website and through our call centres."

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/ 29 March 2005

Underwear, centipedes and other accidents

Forget about natural disasters. In Britain, you’re more likely to get your knickers in a knot. There are other perils, including insidious scorpions, nasty hornets and wicked rats. Your house is no haven either…with people hospitalised from accidents in their beds, mainly caused by cigarettes or faulty electric blankets.

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/ 29 March 2005

Hong Kong prostitutes go hi-tech

Hong Kong prostitutes are using cellular technology to entice clients. Using automated voice messages, they have been sending prospective clients information, such as their addresses and phone numbers. "Our girls are only doing it part-time but you will like them," one message reads.

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/ 25 March 2005

Take it on the chin

What will happen when President Thabo Mbeki goes? Few questions are exercising the political punditocracy as much as this one. Deputy President Jacob Zuma still seems to be the strongest contender for the presidency, even though his financial affairs are central to what is probably the biggest corruption trial of the new South Africa. In this context, the <i>Mail & Guardian</i> recently speculated about the first year of a Zuma presidency.

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/ 25 March 2005

Cleaner production in South African textiles

Have you ever stopped to think how many minutes a day you are in contact with no textiles, the fabric of your sofa, bed linen, towels, clothing? Or wondered how these things are produced, and what happens to them when they are discarded? The Cleaner Textile Production Project is quickly addressing the areas of greatest negative impacts, working with cotton growers and textile manufacturers.

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/ 24 March 2005

Production lost due to mine strike

One full day’s production has been lost as a result of a strike by 21 000 workers at Harmony gold mines in the Free State. Although one official statement from Harmony says the strike has to do with unresolved issues, chief executive Bernard Swanepoel acknowledged that retrenchment notices triggered the strike.

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/ 24 March 2005

Mines: More disharmony

South Africa’s mining industry looked set for further disruption on Wednesday as more than 20&nbsp;000 members of the National Union of Mineworkers planned to down tools at Harmony’s Virginia, Free State, mine. This follows the impending closure of Durban Roodepoort Deep’s North West operations, which will cost 6&nbsp;000 jobs.

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/ 24 March 2005

Are refurbished PCs worth it?

Good quality refurbished PCs can be a viable technology choice — and sometimes even preferable to lower-quality new PCs. That’s one of the key findings of a total cost of ownership study into new and refurbished PCs by South African-based research consultancy Open Research.

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/ 24 March 2005

Mugabe accuses Moyo of coup plot

<img src="http://www.mg.co.za/ContentImages/199502/Zim_icon.GIF" align=left>Zimbabwean President Robert Mugabe, on the campaign trail ahead of next week’s parliamentary polls, on Wednesday accused former minister Jonathan Moyo of plotting a military coup to unseat him. Meanwhile, the huge numbers of British-based Zimbabwean exiles will watch the elections in their home country with keen interest.

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/ 24 March 2005

Opposition not the only loser

Six days before Zimbabweans go the polls, it is safe to predict that Robert Mugabe’s Zanu-PF will take the election — despite the Movement for Democratic Change’s (MDC) spirited, if belated, campaign. Even the MDC seems to have accepted the inevitable, as suggested by the party’s T-shirt slogan: "Tsvangirai for president in 2008". But the MDC will not be the only loser in this election.

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/ 23 March 2005

Find Tasmanian tiger and win a million

An Australian magazine has offered to pay $1,25-million to anybody who can prove that there is a Tasmanian tiger still alive in the wilderness. The last Tasmanian tiger, or thylacine, is believed to have died in a Hobart zoo in 1936 but since then almost 4&nbsp;000 sightings of the animal have been reported.

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/ 23 March 2005

We’re a bunch of rude drivers, French admit

Any visitor to France who thinks the country’s drivers are pushy, rude and prone to parking wherever their cars might conceivably fit had confirmation from an unlikely source this week — the drivers themselves. According to a recent survey, six out of 10 French drivers believe their fellow motorists are impolite and aggressive behind the wheel.

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/ 23 March 2005

Popcru backs moving Scorpions to SAPS

The Police and Prisons Civil Rights Union (Popcru) has welcomed the appointment of a one-person commission, to be headed by Judge Sisi Khampepe, to make recommendations on the future of the Scorpions. However, it has backed the incorporation of the unit into the South African Police Service (SAPS).

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/ 23 March 2005

Mercantile name change approved

Mercantile Lisbon Bank Holdings’s shareholders have given the thumbs-up to the bank dropping "Lisbon" from its name to become simply Mercantile Bank Holdings. CEO Dave Brown says the bank wants to break away from the image of being a bank exclusively for the Portuguese community.

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/ 22 March 2005

Media groups’ shares tumble

Shares in media and entertainment group Johnnic Communications and Naspers fell on Tuesday on the back of different factors, a trader said. "I’d say the fall was unbundling-related for Johncom shares, whereas with Naspers we are seeing a continuation of profit-taking," a trader said.

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/ 22 March 2005

Western Areas in the black

A fourth-quarter recovery lifted junior miner Western Areas’ year-end results into the black for the 12 months ended December. The group said on Tuesday that substantial revaluation gains of R307-million on dollar liabilities (in accordance with AC133) boosted the results of Western Areas for the fourth quarter.

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/ 22 March 2005

Lonmin to consider Messina minority offer

United Kingdom-based resources group Lonmin is considering making an offer to minority shareholders of listed platinum mining operation Messina once its acquisition of the mine is completed, according to CEO Brad Mills. Southern Platinum owns 91,5% of Messina, which operates the Messina platinum mine on the eastern limb of South Africa’s bushveld complex.

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/ 22 March 2005

Real radio: About it, making it and how to find it

"One of the biggest problems locally is the near-total absence of non-corporate media — especially in radio. Just about all the news and info comes from a tiny handful of state or corporation-owned stations. Radio is so cheap that other existing radio stations enjoying their monopoly will never tell you about it." Ian Fraser helps you to be on air within a few hours.

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/ 22 March 2005

Carbon trading on the JSE

Want to buy a lot of hot air? From April, investors will be able to trade carbon credit notes on the JSE Securities Exchange, as the emissions market contemplated by the Kyoto Protocol comes to life. The protocol, which came into force a month ago this week, sets emission limits for individual countries, and therefore companies.

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/ 21 March 2005

Police bungle puts deadly croc in swimming hole

Wildlife authorities in Australia were hunting on Friday for a saltwater crocodile after police found the ferocious reptile in a home and released it near a popular swimming hole, thinking it was a relatively harmless freshwater croc, national radio reported. A woman called police after finding the crocodile taped up in her laundry.

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/ 21 March 2005

High art in Hillbrow

A young black man is painted red and beaten after caught indiscreetly fondling a bottle of Klipdrift brandy in a liquor store in Johannesburg’s notoriously naughty Hillbrow area. What is the pathology behind this? What is going on? What is the hidden symbolism that links violent, pathetic gestures such as the Hillbrow incident?