Africa
featured
Maritime pirates are honing their tactics and beefing up their weaponry. Here are the world’s most pirate-infested waters, and learn about individual attacks from each place.
» Read More
More
-
JOHANNESBURG, Oct 12- South African shares turned slightly negative on Friday as the strengthening rand currency. undermined stock prices of resource firms such as Harmony Gold.
-
*Stocks' bull run expected to continue. NAIROBI, Oct 12- The Kenyan shilling. At the 1300 GMT market close, commercial banks quoted the shilling at 85.00/ 20 to the dollar, slightly firmer than Thursday's close of 85.10/ 30..
-
WASHINGTON-- Fierce and focused, Vice President Joe Biden and Republican Paul Ryan gave voters the kind of substantive showdown that was everything the presidential debate was not. "Not a single thing he said is accurate," Biden shot back when Ryan leveled a charge that President Barack Obama was projecting U.S. weakness.
-
LONDON, Oct 12- Frantic drilling activity across the United States has at last begun to moderate, as the industry responds to the plunge in prices for natural gas and now liquids such as butane and natural gasoline.
-
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 1600 GMT 12 Oct12- West Africa bourse drops on Saph, Palmci--------------------------------------------------------------------. Shares in Imperial Holdings rise more than 2 percent as truck drivers signed a new three-year wage increase deal, ending a three-week strike that has hit fuel deliveries, cash and consumer goods.
-
NAIROBI, Oct 12- Somalia does not plan to nullify oil and gas exploration contracts made in recent years in favour of those that were signed prior to the toppling of the government in 1991, a senior state official said on Friday.
-
JOHANNESBURG, Oct 12- Anglo American Platinum. has lost 67,000 ounces of production or 1.1 billion rand in revenue due to illegal strikes at its operations in South Africa, the company said on Friday.
-
LONDON, Oct 12- Asian spot prices of liquefied natural gas steadied this week amid early signs that potential supply disruption from Nigeria and Indonesia may offset weak Japanese demand.
-
*C.bank says economy performing below potential. KAMPALA, Oct 12- A Ugandan parliamentary committee is pushing the government to amend the country's financial laws to empower the central bank to regulate interest rates following mounting complaints against high borrowing costs.
-
JUBA, Oct 12- South Sudan needs a lasting peace with Sudan and to meet major challenges such as weak state institutions and a lack of infrastructure to unlock its economic potential, the International Monetary Fund said on Friday.
-
*Harper says wants growing relationship with China. DAKAR, Oct 12- Canadian Prime Minister Stephen Harper said on Friday that his country wants a growing relationship with China, but that its investments must be scrutinized from a national security perspective.
-
JOHANNESBURG, Oct 12- South Africa's Village Main Reef said on Friday it would fire any striking workers that failed to report for the night shift on Sunday Oct. 14.
-
HARARE, Oct 12- Zimbabwe's consumer inflation slowed further to 3.24 percent year-on-year in September from 3.63 percent in August, the national statistics agency said on Friday.
-
WASHINGTON-- Anyone who paid attention to a hearing in Congress this week knew that the administration had been implored to beef up security at the U.S. Consulate in Libya before the deadly terrorist attack there. But in the vice presidential debate Thursday night, Joe Biden seemed unaware.
-
--Earlier this week, we revised our outlook on Morocco to negative from stable. --The negative outlook on SCR mirrors that on Morocco. On Oct. 12, 2012, Standard& Poor's Ratings Services revised its outlook on Morocco- based reinsurer Societe Centrale de Reassurance to negative from stable.
-
DAKAR, Oct 12- Canadian Prime Minister Stephen Harper said on Friday that his country wants a growing relationship with China, but that its investments must be scrutinized from a national security perspective.
-
MOGADISHU, Oct 12- Somali pirates have released the Greek-owned bulk carrier Free Goddess and its 21 Filipino crew members after holding the vessel for more than eight months, the secretary general of the Seafarers Union of Kenya said on Friday.
-
LONDON, Oct 12- Frantic drilling activity across the United States has at last begun to moderate, as the industry responds to the plunge in prices for natural gas and now liquids such as butane and natural gasoline.
-
DANVILLE, Ky.-- In a spirited debate that laid out stark choices, Joe Biden and Paul Ryan teed up pointed arguments on the economy, social policy and America's place in the world that President Barack Obama and GOP rival Mitt Romney now will drive forward into the campaign's final stretch.
-
NAIROBI, Oct 12- Uganda's sole power distributor, Umeme, has priced its 622.38 million shares to be sold through an Initial Public Offering at 275 shillings each, a source close to the deal said on Friday. It has a 20- year electricity distribution concession in east Africa's third-largest economy.