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/ 24 April 2006

Rebel group threatens gas development in Ethiopia

A rebel group issued a warning on Monday to companies that are looking to develop natural gas fields in a contested area of Ethiopia, saying any investment that benefits the Ethiopian government ”will not be tolerated”. The Ogaden National Liberation Front, which wants an independent state in Ethiopia for ethnic Somalis, said a pipeline ”in what is essentially a combat zone is far from reality”.

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/ 24 April 2006

Sanlam looking at GE’s UK life-insurance business

Sanlam, South Africa’s second-largest life insurer, has confirmed it is examining a possible acquisition of the United Kingdom life insurance business of General Electric (GE) as one of several opportunities for enhancing its capital efficiency. In a statement on Monday, Sanlam said, however, that its evaluation of the GE business was at an "embryonic stage".

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/ 24 April 2006

UK’s public finances in worst shape since 1994

United Kingdom’s public finances chalked up the worst deficit in 12 years during the 2005/2006 fiscal year, official data showed on Monday, dealing a blow to Finance Minister Gordon Brown’s forecasts. Economists said that the worsening state of the public purse pointed towards likely tax hikes or public-spending cuts in the near future.

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/ 24 April 2006

Govt slams attack on Cape Town mayor

The South Africa government has condemned an attack on Cape Town mayor Helen Zille during the disruption of a meeting over the weekend. ”Government condemns this kind of behaviour without qualification. Our Constitution guarantees free political activity for all parties and individuals,” government spokesperson Joel Netshitenzhe said on Monday.

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/ 24 April 2006

SAA launches daily service to Washington

South African Airways will introduce a daily service on its route between Johannesburg and Washington-Dulles International airport. As a result, it will discontinue its daily service to Atlanta’s Hartsfield-Jackson International airport. The airline’s route between Johannesburg and Washington was launched at the end of June 2005 with four flights a week, including an operational fuel stop in Accra, Ghana.

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/ 24 April 2006

Bush ignored intelligence on Iraqi weapons

A former leading CIA official said on Sunday that the White House deliberately ignored intelligence that showed that there were no weapons of mass destruction in the run-up to the war in Iraq. Tyler Drumheller, who was once the highest-ranking CIA officer in Europe, told CBS’s 60 Minutes programme that the White House shifted its focus to regime change in the months before the invasion.

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/ 24 April 2006

Iraq’s PM-designate gets warm welcome

Iraq’s political leaders on Sunday threw their weight behind the choice of Jawad al-Maliki as the prime minister-designate, and prepared to unveil a 33-point plan to renew Iraq and remove the need for foreign troops. As Maliki opened discussions on forming a new Cabinet, Jalal Talabani, the President, said the straight-talking Shia politician was the ”right man” to head a government of national unity.