Firms South Africa Latest Information

 

South Africa 'to impel platinum beneficiation' 3rd February 2012
More platinum group metals (pgms) mined in South Africa will stay in the country in future, the Department of Mineral Resources (DMR) has said. Domestic pgm sales will rise as the government begins to impel firms into beneficiation, reports Mining Weekly.

S.Africa's rand firms over 1.5 percent against dollar
JOHANNESBURG (Reuters) - South Africa's rand firmed more than 1.5 percent against the dollar on Wednesday, touching a fresh three-month high in line with a stronger euro as hopes of a resolution to Greece's debt problems boosted risk appetite. The rand rallied to 7.6950/dollar, its strongest level since Oct 28 last year, and was trading at 7.70 by 1439 GMT.

Fuel cells to play greater role in South Africa platinum industry 3rd February 2012
Fuel cells are to play an ever-greater role in South Africa's platinum mining industry as firms look to alternative forms of energy.

S.Africa bonds weaken, rand firms as rates on hold
JOHANNESBURG (Reuters) - South Africa's government bonds weakened and yields edged higher, while the rand firmed slightly after the Reserve Bank kept its key repo rate on hold on Thursday, saying the outlook for inflation had deteriorated. The yield on the 2015 bond rose to 6.66 percent from 6.63 percent just before Governor Gill Marcus made the announcement. The rand firmed to 7.9150 against ...

Nigeria oil line on fire; militants claim attack
An Eni SpA oil pipeline ruptured and caught fire as a militant group claimed responsibility for an attack in the region, their first alleged assault in months as its purported leader awaits trial on terrorism charges in South Africa.

Broken schools breed South Africa's "lost generation"
JOHANNESBURG (Reuters) - The first blow to Martha Netshiozwe's future came when her parents died of AIDS. The second came when she ran out of money and had to drop out of a South African high school. Netshiozwe, 23, is a product of the first post-apartheid generation who entered a new and aspiring education system which aimed to heal the economic divisions created by the white-minority ...

GDS International's CIO Africa Summit Set To Tackle Top IT Leadership Topics in Africa for 2012
BRISTOL, England , January 17, 2012 /PRNewswire/ --On 17-19 April, leading CIOs from the region's biggest firms will be descending on South Africa's Arabella Western Cape Hotel & Spa for what promises ...

South Africa: Govt Economic Policy Orientation Unclear
African Arguments (London)-In mid-January while much of the country's business community was still on or returning from summer holidays, Fitch Ratings revised its outlook for South Africa's credit rating to 'negative' from 'stable'. In doing so it seemed to be issuing a 'welcome to 2012' flag on what it thinks will be a period marked by continued policy uncertainty and challenges for the ANC-led ...

Eni SpA oil pipeline on fire in Nigeria's crude-rich southern delta as militants claim attack
LAGOS, Nigeria - An Eni SpA oil pipeline ruptured and caught fire as a militant group claimed responsibility for an attack in the region, their first alleged assault in months as its purported leader awaits trial on terrorism charges in South Africa.

Asian oil firms sign deals with South Sudan
JUBA (Reuters) - Chinese and other Asian oil firms operating in newly-independent South Sudan on Friday signed new contracts with the government to replace existing deals with north Sudan. South Sudan became independent in July under a 2005 peace agreement with Khartoum that ended decades of civil war. The government of Africa's newest nation has been renegotiating contracts with foreign firms ...

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