South Africa
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Peter Attard Montalto, emerging market economist at Nomura International, , talks about the South African mining sector, the potential rise of further union unrest and the impact it would have on the country¿s economy.
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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.
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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.
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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.
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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.
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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.
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*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.
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*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.
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CARLETONVILLE, South Africa-- Carrying a piece of paper threatening him with eviction from a workers' hostel, Robert Asanda pointed to thousands of fellow striking miners who had gathered atop a hill in a symbolic act of defiance against their gold-mining employers in South Africa.
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*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.
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*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.
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JOHANNESBURG, Oct 4- South African police fired tear gas at striking miners near the Rustenburg operations of the world's top platinum producer Anglo American Platinum, Talk Radio 702 reported on Thursday, as seven weeks of labour unrest show little sign of abating.
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JOHANNESBURG, Oct 4- South Africa exported 5.24 million tonnes of coal from the Richards Bay Coal Terminal in September, down from 5.9 million tonnes the previous month, data showed on Thursday.
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JOHANNESBURG, Oct 4- Illegal strikes have spread to three more South African mines run by world no. 1 platinum producer Anglo American Platinum, a trade union said on Thursday, the latest round of wildcat action to hit the country's mining sector.
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JOHANNESBURG, Oct 4- Malawi's central bank said it would keep its benchmark interest rate at 21 percent as it balanced a lower growth outlook for 2012 and rising inflation.
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*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.
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JOHANNESBURG, Oct 4- Thirty-one former South African miners launched a case against world no. 3 bullion producer AngloGold Ashanti on Thursday in the Johannesburg High Court, saying they contracted the lung disease silicosis while working in its shafts.
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JOHANNESBURG, Oct 4- Kumba Iron Ore suspended production at its Sishen mine in South Africa after employees who embarked on an illegal strike blocked access to the pit, the company said on Thursday.
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CAPE TOWN, Oct 4- Toyota said on Thursday an illegal three-day strike at its South African manufacturing plant in the port city of Durban had ended with production expected to resume on Friday.
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The New Gold exchange traded fund ticks up 1.1 percent to 146.80 rand, after earlier hitting a lifetime high of 146.90 rand. Shares in Gold One International fall more than 1 percent in Johannesburg as the bullion producer suspends illegally striking workers at its Ezulwini mine in South Africa.
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LONDON, Oct 4- The activists who have protested in recent months at the tax arrangements of some leading British companies are united with many politicians in wanting to cut corporate tax avoidance.