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/ 10 November 2004

Banks will finance Telkom deal

Banks will provide finance to an empowerment consortium with close links to the African National Congress that is to buy a 15,1% stake in Telkom for R6-billion, the party confirmed on Wednesday. The deal has drawn criticism from opposition parties and the Congress of South African Trade Unions.

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/ 10 November 2004

Report: Zim food crisis worsens

The number of Zimbabweans living in rural areas who will soon require food aid is likely to be higher than earlier estimated because food prices are rising, a regional food watchdog has warned. A report by the Famine Early Warning Systems Network says earlier estimates, which showed 2,2-million rural Zimbabweans would need food aid, will have to be revised.

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/ 10 November 2004

High-sea chase after Japan spots Chinese sub

Japan was on alert on Wednesday after a suspected Chinese nuclear submarine entered its territorial waters, setting off a chase on the high sea amid mounting disputes between the Asian powers. The incident comes amid a series of disputes between Japan and China, including friction over gas-exploration rights in the East China Sea.

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/ 10 November 2004

Gloom prevails as Germany remembers fall of the wall

Germany’s former chancellor Helmut Kohl on Tuesday admitted that 15 years after the demise of the Berlin Wall the divisions between East and West Germany ran ”much deeper” than he had originally anticipated. Speaking on the anniversary of the wall’s fall on November 9 1989, Kohl said that Germans had ”every reason to be proud” of their country.