61.   With an election looming in June, Tabane denied the increase had anything to do with bolstering ANC support among traditional leaders.

62.   In any case, any increase would have to be approved by the Philippines president, he added.

63.   Increases of pay had to remain moderate for several years, also.

64.   But the increase had a limited effect on the market as it was in line with expectations and had already been discounted by the market.

65.   But the fragile coalition ruling Japan fears that a tax increase could have politically devastating effects during local and national elections later this year.