2015年2月11日 星期三

2015-02-12 South Africa Business


Citywire.co.uk
   
Thursday Papers: Glencore to divest 24% stake in Lonmin   
Citywire.co.uk
Financial Times: Glencore has decided to spin off its stake in Lonmin, the troubled South African platinum producer, in a move that could flush out a bidder for the 23.9% stake. Financial Times: Lord Browne, former chief executive of BP, has called on the ...

Glencore hands platinum stake to shareholders   The Independent
Glencore set to spin off Lonmin stake   Gulf Daily News
Glencore slashes capital spending   Sydney Morning Herald
Irish Times   
Moneyweb.co.za   
Financial Times   
all 92 news articles »   


DestinyConnect
   
Unemployment dips as agriculture, construction add jobs   
Independent Online
Rene Vollgraaff. THE UNEMPLOYMENT rate declined to a one-year low of 24.3 percent in the fourth quarter as the agriculture and construction industries added jobs. The jobless rate fell from 25.4 percent in the previous three months, Statistics SA said ...

Fewer people job hopping: Stats SA   DestinyMan
SA has third highest unemployment in Africa   Rand Daily Mail
Down-tick in unemployment welcome, but 8.1m still without jobs - COSATU   Politicsweb
BizNews   
all 45 news articles »   


Independent Online
   
Taxpayers foot bill for staff sacked by king   
Independent Online
Durban - When King Goodwill Zwelithini and his six queens get irritated with their state-employed servants they fire them without following labour processes or bothering to tell the government to terminate their salaries. Consequently, taxpayers have been ...

Taxpayers footing the bill for King Zwelithini's fired staff   DestinyMan
King's sacked workers still being paid   iAfrica.com

all 5 news articles »   


Times LIVE
   
Can angry South Africans sue Eskom?   
BusinessTech
South Africans living under a regime of daily load shedding have become angry to point where an eye-roll or a cluck of the tongue no longer quells their frustration. So what can be done about it? Last week, a frustrated South African citizen, Oliver Coull started ...

#Shelfie: You light up my life   Times LIVE
How load shedding hurts the economy   Rand Daily Mail

all 4 news articles »   


Some Competition Commission relief for Group Five   
Moneyweb.co.za
Construction group Group Five received some good news from the Competition Commission on Wednesday as it announced a drop of 46.7% in headline earnings per share (HEPS) for the six months ended December 31 2014 to 109c. The commission ...

Group Five reports poor performance by construction division   CNBCAfrica.com
Group Five share price defies poor earnings   Independent Online

all 3 news articles »   


Reuters
   
Euro dashes higher on reports of progress over Greece   
Reuters
NEW YORK (Reuters) - The euro advanced against the U.S. dollar late on Wednesday as conflicting reports emerged about progress between the European Union and Greece over a bailout deal due to expire at the end of the month. Two official sources told ...

Gold dips as firmer dollar offsets concern over Greece's future in euro zone   Economic Times
Greece debt talks: Optimism but no deal on bailout   BBC News
Gold Rebounds From One-Month Low as Greek Talks Reach Impasse   Bloomberg
ABC Online   
Xinhua   
Zee News   
all 5,703 news articles »   


Proactive Investors UK
   
Aquarius H1 output rises to 343 845 oz   
Creamer Media's Mining Weekly
JOHANNESBURG (miningweekly.com) – Platinum miner Aquarius had “in the face of a very difficult operating, labour, political and social environment”, reported revenue of $186-million for the six months ended December 31. Group mine earnings before ...

Write-downs mar Aquarius Pt record output   Mining MX
Aquarius's losses deepen in interim period   BDlive
Higher production volumes may boost Northam   Independent Online
sleekmoney   
all 49 news articles »   


Independent Online
   
Consumers still sensitive to debt   
Independent Online
Johannesburg - South African consumers' biggest concern remains servicing their debts, credit solutions firm MBD said on Wednesday. “The pressure on consumer finances was intensified by amongst others prolonged labour strikes, some substantial price ...

Debt weighing on consumer finances   BDlive

all 6 news articles »   


Times LIVE
   
South Africa's Rand Slumps to 13-Year Low on Greece   
Bloomberg
(Bloomberg) -- South Africa's rand fell to its weakest level against the dollar in 13 years as Greece and Germany head for a showdown that is sapping investor appetite for risky assets. The rand fell 1.8 percent to 11.8884 per dollar by 5:37 p.m. in ...

A hitchhiker's guide through the South African electricity system, PART FIVE   Daily Maverick
Posted by Shoaib-ur-Rehman Siddiqui   Business Recorder
Global Schneider Electric head convinced Africa's growth story remains intact ...   Creamer Media's Mining Weekly
Moneyweb.co.za   
all 74 news articles »   


Mineweb
   
PGM eyes 275000 oz by 2017 from new mine   
Mineweb
Platinum Group Metals plans to begin production at its new $500m South African mine by next year. Reuters | 11 February 2015 20:55. Platinum Group Metals CEO Mike Jones Interview. Canadian miner Platinum Group Metals (PGM) plans to begin ...

Canada's PGM expects new mine to produce 275000 oz by 2017   Reuters Africa
Waterberg platinum strike: CEO reckons PGM has discovered world's #2 deposit   BizNews
PTM appoints mining specialist team   Creamer Media's Mining Weekly

all 6 news articles »   

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