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Business South Africa

  • *TANZANIA- Bank of Tanzania to auction a 10- year fixed rate Treasury bond. *KENYA- The Nairobi Securities Exchange and FTSE International launch the. *KENYA- Central Bank of Kenya auctions 364- day and 182- day Treasury bills.

  • JOHANNESBURG, Oct 3- South Africa's Chamber of Mines agreed to re-open wage talks in the coal and gold mining sectors, the National Union of Mineworkers said on Wednesday, in a clear response to escalating wildcat strikes sweeping through the industry.

  • *Gold Fields miners rally in pay protest. CARLTONVILLE, South Africa, Oct 2- Anglo American Platinum warned on Tuesday that security had worsened at its strike-hit South African mines as several thousand gold miners rallied over pay in the dispute-plagued industry.

  • JOHANNESBURG, Oct 2- South African stocks ended flat on Tuesday, as sharp losses in strike-hit mining companies such as Anglo American Platinum offset big gains by Mr Price and other retailers.

  • JOHANNESBURG, Oct 2- South African gold miner Gold Fields has resolved a two year-old dispute with union leaders over the future its South Deep mine, it said on Tuesday.

  • CARLTONVILLE, South Africa, Oct 2- Two thousand striking miners evicted from company housing at a Gold Fields. The protesting workers at Gold Fields' KDC West mine, 50 kms west of Johannesburg, said they would not leave the rocky outcrop near the mine entrance until they received a hefty pay increase to 12,500 rand a month.

  • *Gold hovers around 2012 highs* ETF options highlight caution ahead of US jobs data* Platinum eases, S. Africa strikes continue By Amanda Cooper and Clare Hutchison. LONDON, Oct 2- Gold was broadly steady on Tuesday, a day after touching its highest level of the year, helped by a stronger euro and by caution ahead of the release of U.S. employment data this week.

  • JOHANNESBURG, Oct 2- South Africa has agreed to guarantee $600 million in loans for troubled state airline South African Airways over the next two years, a move that could put further pressure on the government's strained budget.

  • JOHANNESBURG, Oct 2- South Africa has approved a two-year 5 billion rand loan guarantee to keep troubled state airline South African Airways operating, the public works department said on Tuesday.

  • JOHANNESBURG, Oct 2- Canadian mining company Atlatsa Resources has obtained a court order to prevent wildcat strikers from protesting at its Bakoni mine in South Africa, it said on Tuesday. The strike at firm's platinum mine, which it co-owns with Anglo American Platinum, started on Monday.

  • JOHANNESBURG, Oct 2- South African paper firm Mondi Group has sold its 50 percent stake in its money-losing UK newsprint business to private equity firm Martland Holdings, and would likely see a loss of 71 million euros on the deal.

  • *Jse: whl- completion of acquisition of witchery by country road.

  • JOHANNESBURG, Oct 2- Village Main Reef Ltd:. *Jse: vil- update on unprotected industrial action. *Says may issue an ultimatum to striking employees depending on the outcome of.

  • *Jse: mnd- mnp- Mondi Group divests its interest in aylesford newsprint. *Mondi group sold stake interest in the jointly owned aylesford newsprint. holdings limited to the martland holdings.

  • JOHANNESBURG, Oct 2- Workers at junior South African gold producer Gold One International's Ezulwini mine embarked on an illegal strike in defiance of a wage agreement signed in July, the company said on Tuesday.

  • Spot gold was up 0.2 percent on the day at $1,777.00 an ounce by 1137 GMT, having touched a peak of $1,791.20 on Monday, its highest since mid-November last year. "Overnight the mood has been quiet, but it feels just a matter of time before $1,800 breaks," Edel Tully, a strategist at UBS, said.

  • JOHANNESBURG, Oct 2- South Africa's fuel suppliers are starting to feel the pinch as a strike by more than 20,000 truck drivers enters its second week, with deliveries to pumps delayed and stations running out of certain types of fuel, an industry body said on Tuesday.

  • Spot gold was up 0.3 percent on the day at $1,778.89 an ounce by 0945 GMT, having touched a peak of $1,791.20 on Monday, its highest since mid-November last year. "Overnight the mood has been quiet, but it feels just a matter of time before $1,800 breaks," Edel Tully, a strategist at UBS, said.

  • LONDON, Oct 2- Emerging stocks hit 11- day highs on Tuesday and emerging debt spreads tightened on mounting expectations of an imminent bailout request from Spain, while the forint weakened on expectations of lower interest rates in Hungary.

  • --Commissioner Street No. 5 Ltd. TopDrive Funding's series 2012 issuance is a repackaged pass-through security, whereby all cash flows are derived from the underlying loan to BMW Financial Services Proprietary Ltd. with an unconditional guarantee from BMW AG.