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Business South Africa

  • 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.

  • *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.

  • *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.

  • 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.

  • *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.

  • *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.

  • 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.

  • 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.

  • 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.

  • 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.

  • *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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • JOHANNESBURG, Oct 4- South Africa's rand sank this week to within sight of three-year lows against the dollar as a wave of strikes spread beyond the mining sector, threatening the biggest industrial crisis since the end of apartheid.

  • LONDON, Oct 4- Turkish stocks fell 1.6 percent on Thursday and credit default swaps jumped after a sharp escalation in political risks caused by retaliatory military raids within the Syrian border. "Clearly a short-term risk for Turkey and Turkish assets," said Simon Quijano-Evans, chief EEMEA economist at ING. MSCI emerging stocks rose 0.3 percent.

  • STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 0914 GMT 04 Oct12- Gold One Intl falls, suspends wildcat strikers-------------------------------------------------------------. 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.

  • JOHANNESBURG, Oct 4- South Africa's Chamber of Mines said on Thursday it was not planning to reopen wage talks for existing agreements in the gold and coal sectors, rebuffing a union report. "Our position at the Chamber of Mines is that there is no reopening of negotiations," spokesman Jabu Maphalala told Reuters.