Rugby-Oosthuizen’s injury a big blow for Springboks, coach says

JOHANNESBURG, June 12 (Reuters) – Prop Coenie Oosthuizen’s injury-enforced absence from the rest of the rugby test series against England is a major blow for the Springboks, forwards coach Johann van Graan said on Tuesday. Oosthuizen has a mildly bulging disc in his neck, according to team doctor Craig Roberts, and will be out of [...]





S.Africa’s Zuma fires scandal-hit police chief

JOHANNESBURG, June 12 (Reuters) – South African President Jacob Zuma sacked police chief Bheki Cele on Tuesday in a rare dismissal of a senior figure accused of corruption. “I have decided to release General Cele of his duties,” Zuma told a news conference in Pretoria. He also announced a minor cabinet reshuffle. (Reporting by Peroshni [...]





UPDATE 1-Rugby-Oosthuizen injury a blow for SAfrica, coach says

(Adds England quotes) JOHANNESBURG, June 12 (Reuters) – Prop Coenie Oosthuizen’s injury-enforced absence from the rest of the rugby test series against England is a major blow for the Springboks, forwards coach Johann van Graan said on Tuesday. Oosthuizen has a mildly bulging disc in his neck, according to team doctor Craig Roberts, and will [...]





Wal-Mart review focused on five countries

WASHINGTON, June 12 (Reuters) – Lawyers for Wal-Mart Stores Inc reviewed the company’s anti-corruption policies and operations in Brazil and China in addition to Mexico, according to a letter from lawmakers investigating the company. The lawyers also recommended, based on their initial review, that Wal-Mart evaluate operations in India and South Africa, the letter said. [...]





UPDATE 1-S.Africa’s Zuma fires scandal-hit police chief

(Adds details, quotes) By Peroshni Govender JOHANNESBURG, June 12 (Reuters) – South African President Jacob Zuma sacked scandal-tainted police chief Bheki Cele on Tuesday, a rare dismissal of a senior figure from a government plagued by perceptions of rampant corruption. The firing comes just a year after Cele’s predecessor Jackie Selebi was convicted of corruption [...]





Euro Coal-Bids slump but no fresh trades done

* July S.African cargo bid at $79.00 * July ARA cargo bid at $77.00 LONDON, June 12 (Reuters) – European delivered coal prices slid sharply on Tuesday as oversupply and a halt to spot buying weighed on the market, pushing bid/offer levels to fresh lows although no trades were reported. South African prompt prices have [...]





Glencore coal trader David Trimboli quits

LONDON, June 12 (Reuters) – David Trimboli, a member of Glencore’s coal trading team in Zug for several years, has left the company, sources close to the company said on Tuesday. One of the coal swaps traders has also resigned. Glencore was not available for comment. The lock-ups which have tied Glencore shareholders among the [...]





Bond index boost helps cushion S.Africa’s rand

* Rand supported by WGBI from Greece woes * Investors sit it out until the weekend JOHANNESBURG, June 12 (Reuters) – The rand was firmer against the dollar on Tuesday, outperforming most of its emerging market peers while being cushioned by expected inflows into the South African debt market, with government bonds also ending positive. [...]





UPDATE 1-Eastern Platinum may cut jobs at S.Africa mine

June 12 (Reuters) – Eastern Platinum Ltd could cut jobs at its Crocodile River Mine in South Africa as costs rise and platinum prices fall. The management of Crocodile River Mine will consult with potentially affected employees to review the need for a possible restructuring, Eastern Platinum said. The company, which last month stopped funding [...]





UPDATE 2-Wal-Mart bribery review includes Brazil, China

* Initial review focused on Brazil, China, Mexico * Lawyers also flagged India, South Africa as high risk * Lawmakers investigating bribery allegations By Aruna Viswanatha WASHINGTON, June 12 (Reuters) – Lawyers for Wal-Mart Stores Inc have flagged Brazil, China, India and South Africa in addition to Mexico, as countries that represent the highest corruption [...]





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