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/ 26 April 2006

Telkom and union reach agreement

An agreement was formally concluded between Telkom and the Communication Workers Union (CWU) earlier on Wednesday, ending the industrial dispute between the two parties with immediate effect. Members of CWU had been engaged in industrial action since April 18 and the company exercised its rights by responding with a lockout of bargaining unit CWU members.

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/ 26 April 2006

Concerns mount over food aid in Eritrea

The United Nations special humanitarian envoy for the Horn of Africa on Wednesday kicked off a tour of the drought-stricken region in Eritrea where concerns are mounting that food aid may be rotting in warehouses. Since September, Asmara has cut the number of free food aid recipients by 95%, from 1,3-million to about 70 000.

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/ 26 April 2006

Anglo looking for successor to Trahar

Global resources group Anglo American has commenced a process of identifying a successor to CEO Tony Trahar, who has indicated he plans to retire next year, Anglo chairperson Sir Mark Moody-Stuart said on Tuesday. Moody-Stuart told the group’s AGM in London that Trahar was determined to first complete the restructuring of Anglo American before stepping down.

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/ 26 April 2006

March PPI up 5,4%

South Africa’s producer price index (PPI) rose by 5,4% year-on-year (y/y) in March from a 5,5% y/y increase in February, Statistics South Africa (Stats SA) said on Wednesday. The PPI rose 0,4% on a monthly basis after February’s monthly rise of 0,2%.

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/ 26 April 2006

Warne may be murder trial witness, court hears

Australian cricketer Shane Warne may be called to give evidence in the trial of a taxi driver charged with the murder of a teenage passenger, the Melbourne Magistrate’s Court heard on Wednesday. Rajbinder Singh Shahi (28) is charged with murdering 17-year-old Xavier Salmon by running him down with his taxi after a dispute in December last year.

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/ 26 April 2006

Security union says violence is ‘worrying’

Violence by striking security guards was doing harm to the good name of the South African Trade and Allied Workers’ Union, it said on Wednesday. ”It also frustrates us, because this is a big movement and we’ve worked hard to build a particular name,” spokesperson Ronnie Mamba said. ”So when in just a few weeks all the good work goes down the drain, it’s worrying.”