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BMW profits sink as new tech costs climb

Frankfurt - BMW's net profit fell 29% to 1.48 billion euros (R23.6bn) in the second quarter from a year earlier, as profits were reduced by higher spending on revamping factories and...

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Cape Town has the ninth-worst traffic congestion in the world

By Larry Claasen The City of Cape Town will spend R444-million to relieve traffic congestion over the next three years. TRAFFIC congestion in Cape Town ranks...

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