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Feb 13 2012 12:15
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Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Pretoria - Investors will not be alarmed by the withdrawal of corruption charges against ANC leader Jacob Zuma, President Kgalema Motlanthe said on Thursday.
"Most investors understand how the law and the separation of powers work. The investors still have confidence in our government," Motlanthe told a meeting of foreign journalists.
Motlanthe is regarded as a caretaker president, coming into office in September 2008 following the controversial ouster of his predecessor Thabo Mbeki.
Zuma had faced 16 counts of fraud, racketeering and money laundering tied to a controversial arms deal, but prosecutors dropped the charges this week, saying top law enforcement authorities had tried to use the investigation for political gain.
The scandal raised questions about the integrity of South African law enforcement, but Motlanthe said the decision by prosecutors should be respected.
"If the authorities say they have got no case then there is no case," he said.
Motlanthe also said he was ready to accept any position his party might offer him after the elections.
"I will be available to serve at any structures of government, even if I should go and represent the country in Papua New Guinea," said Motlanthe.