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ISSUE NO 69 ON THE MONEY

TWO NEW RIVALS IN STORE FOR SOUTH AFRICA’S TELKOM

The draft telecommunications policy, currently before the communications minister, is understood to call for both a second and a third national operator to enter the market in May next year.

(source: http://commtech.b2bafrica.com/industry_news/554150.htm )

EDS QUASHES DIDATA ACQUISITION RUMOUR

EDS South Africas chairman, Michael Minassian, yesterday denied market rumours that EDS might acquire Dimension Data plc (Didata), but has acknowledged that EDS has been doing some quiet browsing for an appropriate local acquisition.

(source: http://commtech.b2bafrica.com/industry_news/548625.htm )

INTERNET BAMKING LEAST PROFITABLE BANKING BUSINESS AREA

Internet banking is the least profitable of the 10 banking business areas surveyed for a PriceWaterhouseCoopers report on banking in South Africa.

(source: http://www.itweb.co.za)

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