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Business Africa

  • PORT LOUIS, Oct 5- Mauritius' annual average inflation rate fell to 4.4 percent in September from 4.60 percent in August, the statistics office said on Friday.

  • JOHANNESBURG, Oct 5- A South African transport union is pushing for rail and ports workers to join a strike by more than 20,000 truck drivers to bring the entire transport sector to a standstill, it said on Friday. The truck driver strike has hit fuel supplies and logistics groups in Africa's biggest economy.

  • By Agnieszka Flak JOHANNESBURG, Oct 5- Shell in South Africa. said on Friday it can not guarantee honouring contracts to deliver fuel around Johannesburg, the first sign of a two-week strike by more than 20,000 truck drivers hitting Africa's biggest economy.

  • JOHANNESBURG-- A strike leader says the body of a mineworker was found near an Anglo American Platinum mine in Rustenburg. Mary Jane Morifi, a spokeswoman for Anglo American Platinum, the world's top producer or platinum, declined to comment, saying a statement would be issued later Friday.

  • NAIROBI, Oct 5- Kenya's central bank said on Friday it planned to absorb 7 billion shillings in excess liquidity from the money markets through repurchase agreements. The bank has persistently mopped up liquidity most of this year to support the shilling. The local currency has gained 0.3 percent against the dollar in the year-to-date.

  • IKANINI, South Africa, Oct 5- South African police shot and killed a striking miner when they used tear gas and rubber bullets to break up a crowd of demonstrators gathered overnight on a hill near a Rustenburg area platinum mine, miners said on Friday.

  • NAIROBI, Oct 5- The Kenyan shilling. AT 0715 GMT, commercial banks posted the shilling at 84.85/ 85.05 per dollar, unchanged from Thursday's close. The only major news will be the Monetary Policy Committee meeting and we might see on the shilling towards the decision, "said Julius Kiriinya, a trader at African Banking Corporation.

  • JOHANNESBURG, Oct 5- Aleaxander Forbes said on Friday that it is selling a portion of Alexander Forbes Consultants& Actuaries, its UK business, to the Jardine Lloyd Thompson Group for 17 million bounds.

  • JOHANNESBURG, Oct 5- Shell has declared force majeure on fuel deliveries in South Africa's economic hub of Gauteng province, which includes Johannesburg and Pretoria, due to a two-week strike by more than 20,000 truck drivers, the company said on Friday.

  • JOHANNESBURG, Oct 5- Shell has declared force majeure on fuel deliveries in South Africa's economic hub of Gauteng province, which includes Johannesburg and Pretoria, due to a two-week strike by more than 20,000 truck drivers, the company said on Friday.

  • DIARY For South Africa corporate diary, click on For southern and South Africa diary, click on ECONOMIC EVENTS. PRETORIA- The South African Reserve Bank releases foreign exchange reserves data for September. COMPANIES Raubex AGM SOUTH AFRICAN MARKETS.

  • NAIROBI, Oct 5- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. *MAURITIUS- Mauritius releases inflation data for September. *MAURITIUS- Bank of Mauritius auctions 364- day Treasury bills worth a.

  • On the sideline of the summit, French President Francois Hollande said it was up to Spain, not the European Union, to determine whether Spain requires financial assistance from Europe to solve its serious financial difficulties.

  • VICTORIA, Oct 5- Consumer prices in Seychelles rose 0.3 percent in September from a month before, pushing the year-on-year inflation rate. to 7.7 percent from 7.8 percent in August, the government statistics office said on Friday. The National Bureau of Statistics said fish prices increased by 3.6 percent from a month earlier, when they rose 6.2 percent.

  • STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 1716 GMT 05 Oct12- West Africa bourse rises on Sodeci, Saph----------------------------------------------------------. West Africa's regional BRVM bourse closes slightly up in the week to Friday for its third consecutive weekly gain, propelled by water utility Sodeci and natural rubber producer Saph.

  • JOHANNESBURG, Oct 5- Anglo American Platinum fired 12,000 wildcat strikers on Friday, a high-stakes attempt by the world's biggest platinum producer to push back at a wave of illegal stoppages sweeping through South Africa's mining sector and beyond.

  • JOHANNESBURG, Oct 5- South Africa's rand tumbled against the dollar on Friday to near a 3-1/ 2 year low and bonds weakened after Anglo American Platinum said it had dismissed around 12,000 workers who went on an illegal strike.

  • SINGAPORE, Oct 4- U.S. crude futures held steady above $91 per barrel on Friday, after rising 4 percent in the previous session on escalating tensions in the Middle East, while continued global economic concerns are expected to weigh on prices.

  • *Toyota's Durban plant hit by four-day walkout. *Kumba Iron Ore stops output at giant Sishen pit. CAPE TOWN, Oct 4- Toyota Motor Corp.

  • TRIPOLI, Oct 4- Libyan Prime Minister-elect Mustafa Abushagur withdrew his proposed government list on Thursday, just a day after presenting it to congress for approval, a congress member said in a televised session. Abushagur was due to speak on Libyan television later.