Africa News
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Telkom South Africa Ltd., Africa’s biggest fixed-line phone company, said KT Corp., South Korea’s largest phone and Internet operator, may acquire a 20 percent shareholding in the company.
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The rand advanced, set for its best weekly gain since July, as prospects the Group of 20 will increase funding to stem Europe’s debt crisis improved investor appetite for South Africa’s higher-yielding stocks and bonds.
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When President Barack Obama “pivoted” to jobs a few months back (from what, the White House didn’t say), he said he was going to take his plan to rebuild the U.S. economy directly to the American people.
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I spent nine months in Tokyo working as a hostess in a working-class club in one of the city’s many red-light districts, frequented by members of the yakuza, the Japanese crime syndicates. This type of place, in a seedy location, owned by a proprietor with a questionable background, was often assumed to be a site of forced prostitution.