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/ 20 June 2007

Strike looms in gold-mining sector

Trade unions in the gold-mining sector might be headed for strike action following the failure by the Chamber of Mines to meet their demands for a 15% wage increase, the unions said on Wednesday. The National Union of Mineworkers and trade union Solidarity declared a dispute with employers on Wednesday following deadlocked negotiations.

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/ 20 June 2007

Economic growth in Gauteng fading, barometer shows

The unprecedented economic growth in Gauteng is fading following a weakening in business conditions within the province, the Gauteng Business Barometer (GBB) said on Wednesday. In a statement, the GBB said growth levels had tapered off and the economy was set to experience a slowdown that would last until next year before growth accelerates.