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/ 23 October 2003
A flexible new anti-Aids drug, Lexiva, has been approved by the United States’s Food and Drug Administration.
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/ 23 October 2003
The seasonally adjusted total motor trading income of South African retailers in motor vehicles and accessories for the three months ended August 2003 increased by 7,9% compared with the previous three months, Statistics South Africa said on Thursday.
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/ 23 October 2003
Democratic Alliance MP Vincent Gore confirmed on Thursday that he had sent a letter to President Thabo Mbeki requesting him not to sign the Postal Services Amendment Bill into law. The party — mirroring courier industry complaints — says that the Bill could affect the business of couriers in the under-1kg parcel and letter market.
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/ 23 October 2003
The Pretoria High Court has ruled against Telkom in its bid to have the sale, distribution and use of Leased-Cost Routing (LCR) equipment prohibited. Least cost routing systems enable customers to connect GSM-based equipment to a PABX which can then take advantage of the better call rates offered when dialling from one cellular device to another.
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/ 23 October 2003
Is the country’s long-term educational and economic future about to be sacrificed for the short-term political interests of one bristling moustache? In a hectic week Minister of Education Kader Asmal announced the new names of tertiary institutions due to merge in January next year (and of more to merge a year after that).
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/ 22 October 2003
South Africa will host the next plenary session of the Kimberley Process, the worldwide body that regulates the trade and certification of rough diamonds, for the second time at the end of October. The session will be attended by representatives from more than 70 countries.
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/ 22 October 2003
The imminent closure of the tax amnesty coupled with the recent strength in the rand presents an almost unprecedented opportunity for investors to increase their offshore exposures, says Sasfin (SFN) managing director Alan Greenstein.
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/ 22 October 2003
The Director General of the Department of Labour, Advocate Rams Ramashia, on Tuesday lashed out at critics of the government’s skills development programmes, saying the critics have failed to offer alternatives that would change the lives of South Africans for the better.
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/ 22 October 2003
If you thought your job was bad, spare a thought for the fart-sniffers who had to do it for Science. Or how about melting down nuclear missiles to make medals and peddling them on the Net? For good (and not so good) ideas, read here. Ian Fraser investigates a range of unconventional business ideas this week.
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/ 22 October 2003
The number of people seeking refuge as a result of environmental disaster is set to increase dramatically over the coming years. Ironically, given current attitudes, industrialised countries will resist accommodating them, and yet they will have become refugees as a direct result of the way the West lives.
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/ 21 October 2003
The personal computer market in sub-Saharan Africa region totalled 1,247-million units in 2002, with a value of $1,4-billion, and by 2006 unit shipments will top 2,29-million, a report by ICT market analysts BMI-TechKnowledge shows.
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/ 21 October 2003
Some 25 000 slot machines located in 31 casinos across South Africa contribute some R1,7-billion in annual revenue to the national government via taxes, having replaced 150 000 illegal slot machines in operation in 1996, according to National Gambling Board chairperson Chris Fismer.
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/ 21 October 2003
In what is expected to be one of the largest events in the industry in 2003, the South African wine industry is set to hold its first-ever black economic empowerment transformation conference under the auspices of the South African Wine Industry Trust and the South African Wine and Brandy Company, in order to develop a Wine Industry BEE Charter.
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/ 21 October 2003
Darrel Bristow-Bovey’s fans feel the plagiarism fiasco is driven by jealousy and schadenfreude. An irritated David Bullard says we either have rules or we don’t.
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/ 21 October 2003
Can regional television save South Africa from itself? In this last article of a four-part series on black media in South Africa – newspapers, magazines, radio and now television – Graeme Addison and Refiloe Mataboge warn that elitist media are out of touch with a populist groundswell. Something has to give.
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/ 21 October 2003
To coincide with national women’s day, The Media recognises the momentous lifetime achievements of one woman and honours the remarkable successes of another ten.
Many exceptional nominations were received for the inaugural ‘Sasol Women in The Media’ event, the chief criteria for final selection being outstanding contributions to growth and development across the commercial, governmental, academic and placement spheres of the media industry. The women listed here are the result of intense deliberations by members of The Media’s editorial board.
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/ 21 October 2003
Once, when a female editor of a women’s magazine told him that a submitted piece wasn’t funny, David Bullard suffered the torment of a potency scare.
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/ 21 October 2003
African language radio stations ain’t what they used to be –- they’ve emerged from decades of apartheid suppression as viable mouthpieces of the new democracy. But now the station managements need to project a vision of their ability to garner revenue, and marketers need to recognise the value in the public broadcast audience.
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/ 20 October 2003
The leaders of the militant Hamas and Islamic Jihad groups vowed on Monday to retaliate against Israel for continuing attacks against Palestinians in the West Bank and Gaza Strip. The groups’ statement followed Israeli airstrikes on Monday in Gaza that killed two Hamas activists and a bystander.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=22257">Gaza strike kills three</a>
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/ 20 October 2003
The Financial Advisory and Intermediary Services Act cannot function as a one-man-fits-all legislation across the financial services industry, says Carstens Mphelo, a director at Metropolitan Asset Managers. Financial services regulators must take into account that different sectors in the industry operate differently, he says.
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/ 20 October 2003
The introduction of strict new laws for better capital management and reduced exposure to risk as embodied in the Basel II Capital Accord presents financial institutions with something of a double-edged sword. While compliance will reduce operational hazards, it may also result in over-stressed systems and excessive pressure on financial technology systems.
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/ 20 October 2003
Gidon Novick, marketing director of Kulula.com, argues that media placement needs to be decided before the creatives start cooking.
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/ 20 October 2003
Greg Stewart, general manager of sales at the Citizen, disputes the supremacy of circulation figures when comparing newspaper brands. What does AMPS hold over ABCs?
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/ 20 October 2003
Countless media brands run competitions to bolster audience figures and strengthen the offering to advertisers. As Karen Willenberg of RWR cautions, such strategies have recently come under the ambit of legislation.
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/ 20 October 2003
Joel Netshitenzhe, CEO of the Government Communication and Information System and Head of the Policy Unit in The Presidency, is one of the most influential figures in South Africa’s leadership structure. What are his views on the relationship between government and the media two years after the tensions of the Cabinet-SANEF Indaba at Sun City? How does he see the media fulfilling its role in the broad vision for national development?
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/ 20 October 2003
The Jayson Blair saga has heaped untold ignominy on the New York Times, one of the world’s most venerated newspapers. Tim Spira argues that the fall has less to do with affirmative action than one man’s dishonesty.
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/ 20 October 2003
There’s a view that David Bullard is an elitist who’s unsuited to the new South Africa. His comeback: hedonism sells.
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/ 17 October 2003
Boehringer Ingelheim Pharmaceuticals has denied it has abused a dominant position in the market to the detriment of consumers, and charged excessive prices for its products. On Thursday, the Competition Commission found that Ingelheim and GlaxoSmithKline abused their dominant positions in their respective anti-retroviral drugs markets.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=22131">SA generic Aids drugs breakthrough</a>
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/ 17 October 2003
South African media company New Africa Investments Limited (Nail) said on Friday that its board has considered the terms of the offer by the Tiso consortium and believe that because payment of the consideration offered of R10,50 will be made within a relatively short period, and the relative certainty attached to the payment, that the consideration is fair and reasonable to Nail shareholders.
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/ 17 October 2003
<b>NOT QUITE THE MOVIES OF THE WEEK:</b> As with many mainstream movies stealing a bit of style from the independents (but no substance), <i>View from the Top</i> is going as quirky, with a light, slightly absurdist tone, and a look to match. Luckily, opening at the same time as <i>View from the Top</i> is <i>Secretary</i>, which acts as something of a corrective to its fake quirkiness.
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/ 17 October 2003
Eight months after his arrest on 14 February by National Intelligence Agency officers, journalist Bamporiki Chamira was still being detained at a prison in Kinshasa, capital of the Democratic Republic of the Congo, a national media watchdog reported on Wednesday.
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/ 17 October 2003
First the bad news: this week’s interest rate cut marks the end of the party for bond holders. Next, some mild consolation: another razzle is getting under way in the equities market, if you can just hang in. "I think it’s close to going home time. It’s been a long party," Jonathan Myerson, bond analyst at Rand Merchant Bank, said this week.