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/ 14 September 2004
Wage negotiations between workers at Botswana’s four diamond mines and mining company Debswana were settled on Monday on its terms, the company said at a press conference. Debswana did not agree to reinstate workers who had been fired for striking illegally at the beginning of a two week work stoppage.
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/ 14 September 2004
The National Union of Metalworkers of South Africa (Numsa), the Fuel Retailers’ Association and the Retail Motor Industry will on Tuesday sign a three-year wage deal. The wage agreement will cushion the wages of motor-retail workers by 7,5% and will cover 180 000 workers.
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/ 14 September 2004
South African furniture, electronic goods and appliances retailer Lewis Group has opened the book building process for its initial public offering and listing on the JSE Securities Exchange South Africa, in which it plans to offer to the public 40-million ordinary shares of one cent each.
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/ 14 September 2004
Mozambique and South Africa have decided to abolish visas for their citizens visiting each other’s countries, a senior Mozambican official said on Tuesday. A joint technical team is finalising arrangements so that the new system can come into force soon, even in as little as a month, deputy minister of Foreign Affairs and Cooperation Francis Rodrigues said on Mozambican television.
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/ 14 September 2004
Hurricane Ivan sliced through the western tip of Cuba late on Monday, tearing off roofs, triggering mudslides and hurtling toward the Gulf of Mexico and the United States coast after killing at least 71 in the Caribbean. Ivan’s eye made landfall at Cape San Antonio late on Monday and took about three hours to cross the western tip of Cuba.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=122138">Ivan pushes up oil prices</a>
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/ 14 September 2004
At least 47 people were killed in a massive car bomb blast outside the main police headquarters in Baghdad on Tuesday, leaving a trail of carnage and chaos in a bustling area of the Iraqi capital. Meanwhile, 12 Iraqi policemen and their driver were killed and two others wounded when gunmen sprayed their vehicle with bullets in Baquba.
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/ 14 September 2004
The United States’s largest operator of private prisons expects to benefit from the Bush administration’s expansion of federal police and thinks prison overcrowding could lead to more business. Corrections Corporation of America, which houses about 63 000 inmates in 20 states and the District of Columbia, also told investors that the demographic producing many prisoners — males between 18 to 24 years old — is growing and should create more demand for its services.
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/ 14 September 2004
No settlement talks were underway on Monday, one day before a federal lawsuit seeking -billion from tobacco companies was set to open, United States Department of Justice officials said on Monday. The case alleges that the country’s largest tobacco companies manipulated nicotine levels, lied about the dangers of smoking, and targeted young teens with multibillion-dollar advertising campaigns.
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/ 14 September 2004
John Kerry has fallen behind in the three biggest swing states — Florida, Pennsylvania and Ohio — which pollsters from both parties believe will be the key to the United States presidential election, it emerged on Monday. Polling figures suggest that George Bush’s surge in support after the Republican convention has settled into a significant lead, confronting John Kerry with difficult tactical choices as he battles to regain the initiative.
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/ 14 September 2004
Suspicion about South Korea’s illicit nuclear activities increased on Monday when UN inspectors said they had further evidence of banned operations and diplomats accused the Seoul government of a cover-up. Opening an International Atomic Energy Agency board meeting in Vienna, the director general, Mohamed ElBaradei, said that in the past fortnight its inspectors had found that South Korea had produced 150kg of uranium metal at three locations.