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Business South Africa

  • Striking miners listen to a speaker after they secured a 22 percent pay hike from London-listed Lonmin platinum mine in Marikana on September 18, 2012.

    A murky political climate, an angry, strike-prone workforce and an economy unable to generate jobs for a quarter of its adults.  A recipe for a Greek-style financial tragedy?  Not in South Africa.

  • Lonmin shares are a “buy”, according to John Meyer, head of resources at investment bank Fairfax, despite violence at the company’s South African platinum mines which killed 44 workers.

  • Platinum

    Mining shares looked like those most precious of commodities last week, with the FTSE mining index jumping 18 percent in the week to Friday.

  • Open cast mining for iron ore.

    After a month of unrest, which has effectively shut down South Africa’s platinum sector and led to the deaths of 44 miners, mining companies and the South African Government have increased efforts to bring an end to the unrest.  Police raided hostels at a Lonmin mine and confiscated machetes, spears and other weapons, while Lonmin has said it would adopt a more sensitive approach to the mineworkers.

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    Fed meeting news awaits and Asian central banks stand pat — it's time for your FX Fix.

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    The European Central Bank's bond buying plan is a hit, and nonfarm payrolls await — it's time for your FX Fix.

  • London-based company Lonmin, the platinum mining firm affected by strikes at their Marikana facility in South Africa, is a definite opportunity for investors looking to enter the sector according to Alison Turner, mining analyst at Panmure Gordon.

  • Following the on-going violence at operations of the world’s third-largest platinum producer Lonmin, the South African government wants to bring in external mediation to resolve disputes over pay and conditions of mining workers, Susan Shabangu, mines minister for the country, told CNBC Africa on Tuesday.

  • Platinum

    One of the world’s largest mining groups, Anglo American, could see its platinum production also affected by striking workers, according to trading company Vincom Commodities.

  • The health of the mining sector has come into sharper focus in recent weeks, with deadly disturbances in South Africa and ongoing concerns about commodity prices denting the sector and the cloud hanging over the sector is unlikely to blow away quickly.

  • The health of the mining sector has come into sharper focus in recent weeks, with deadly disturbances in South Africa and ongoing concerns about commodity prices denting the sector and the cloud hanging over the sector is unlikely to blow away quickly.

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    Aid to Spain leaves the euro in pain and commodity prices lift the loonie - it's time for your Friday FX Fix.

  • Getting away from it all gets harder and harder, as cell phones and 4G devices keep us tapped into our lives. These ten getaways take up the challenge, spiriting you away from worldly cares. And we promise you won’t miss civilization one bit. Click ahead for the world’s most remote resorts!

    Getting away from it all gets harder and harder, as cell phones and 4G devices keep us tapped into our lives. These 10 getaways take up that challenge, spiriting you away from worldly cares.

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    Deutsche Bank strategists say the range-bound trading in the currency markets could be ending.

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    Confidence shrinks in Europe and year-end weighs on the yen - it's time for your FX Fix.

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    The euro has been trading in a narrow range, and this strategist sees a dollar-trading opportunity when it budges.

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    Smaller G20 currencies have outperformed the big four all year, and this strategist sees the trend continuing.

  • South Korea

    Following a dismal 2011, emerging markets could see up to a 30 percent gain this year, assuming the sovereign debt crisis in the euro zone is kept at bay, according to Geoffrey Dennis, managing director at Citi.

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    With equities in a holiday mood, here's how to trade the good cheer using currencies.

  • In November 2011, West Hollywood, Calif., became the first city in the U.S. to ban the sale of clothing made of animal fur. The ban goes into effect in , and animal rights activists are hopeful that it will lead other cities to adopt similar measures and, ultimately, end the practice of using animal fur entirely.If history is any indication, even an all-out nationwide ban on animal fur is unlikely to squelch demand. Rather, the likelihood is that it would simply create a black market for such it

    Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans. What are some in-demand luxury goods that have been banned?