Finweek English Edition - - IN BRIEF -

Hats off to the Jo­han­nes­burg Metro Po­lice for fi­nally can­celling 6m traf­fic fines, val­ued at about R1.35bn, that did not com­ply with the legal re­quire­ment that fines be sent by reg­is­tered rather than nor­mal mail. This fol­lows a re­port by the Public Pro­tec­tor and pres­sure from Jus­tice Project SA. It means that no fur­ther ac­tion will be taken to en­force pay­ment of fines is­sued be­tween 1 April 2009 and De­cem­ber 2012, start­ing with the pre­fix 02-4024.

− Bil­lion­aire in­vestor War­ren Buf­fett at the 50th an­nual share­hold­ers’ meet­ing of Berk­shire Hathaway.

“So far, I have been wrong on in­ter­est rates... It is so hard for me to be­lieve that you can drop money from a he­li­copter and not have in­fla­tion, but we haven’t.”

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