SINGAPORE, June 4 (Reuters) – Hong Kong shipped 101,768 kilograms of gold to mainland China in April, up 62 percent on the month and marking the second-highest monthly exports, the Hong Kong Census and Statistics Department said on Monday. The flow of gold from the mainland to Hong Kong jumped 38 percent to 34,368 kilograms, [...]

* Auction suspended due to “legal proceedings” * Vodacom in long-standing battle with Congolese partner (Adds details) JOHANNESBURG, June 4 (Reuters) – The Democratic Republic of Congo Supreme Court has suspended a planned mandatory auction of shares in the local unit of South African mobile phone provider Vodacom, the parent company said on Monday. The [...]

* Central bank wants minimum 6.5 pct common equity Tier 1 capital * Also wants minimum 10 pct in total capital * Tier 1 capital rises to 12.2 pct in 2011 (Adds quotes, details) By Helen Nyambura-Mwaura PRETORIA, June 4 (Reuters) – South Africa’s central bank wants the country’s lenders to hold more capital than [...]

By Jason Humphries DURBAN, June 4 (Reuters) – Jean de Villiers will captain South Africa in their home series against England, Springbok coach Heyneke Meyer announced on Monday. Centre De Villiers, who has 72 caps, has been appointed skipper only for three tests against England which start on June 9 in Durban. “I have a [...]

* COSATU-led unions asking for 2 pct above inflation * Above-inflation settlement may swell budget deficit (Releads with COSATU-led negotiations) By Cosmas Butunyi JOHANNESBURG, June 4 (Reuters) – South African public service workers negotiating annual pay increases have rejected a 6.5 percent hike on offer, saying it does not take into account the “devastating effects” [...]

* Top-40 down 0.06 percent * All-Share eases 0.09 percent JOHANNESBURG, June 4 (Reuters) – South African stocks ended largely flat on Monday, in line with European equities, but platinum miner surged as investors chased after bargains following recent sharp losses. Platinum miner Anglo American Platinum jumped nearly 3 percent to 480.01 rand and rival [...]

MAPUTO, June 4 (Reuters) – Mozambique will receive $606 million in aid next year, with the global economic slowdown causing the amount to be cut by just over 10 percent from what has been set aside for this year, the donors said on Monday. Major donors including Germany, the World Bank and Britain said they [...]

DURBAN, JUNE 4 – James Haskell has joined up with the England squad but is unlikely to start in the first test against the Springboks, head coach Stuart Lancaster said on Monday. Haskell has been plying his trade with the New Zealand-based Otaga Highlanders in Super Rugby and only joined up with the England squad [...]

* Rand recovers from 3-yr low but volatility lurks * Bonds weaker as investors anticipate more paper at auction JOHANNESBURG, June 4 (Reuters) – South Africa’s rand recovered its footing against the dollar on Monday after a rout last week as fears the euro zone could disintegrate abated, but a lack of a lasting solution [...]

CAPE TOWN, June 4 (Reuters) – Potential investors including Internet giant Google will decide before year-end whether to proceed with a $1.5 billion undersea cable linking the BRICS group of emerging economies to each other and the U.S., a senior official in the project said on Monday. The 34,000 km cable, which would be the [...]