(Corrects to show Joosub became CEO this month) JOHANNESBURG, Sept 28 (Reuters) - South Africa's Vodacom plans to launch 4G high-speed services by the end of this year, its incoming chief executive said on Friday. Vodacom, the South African unit of Britain's Vodafone , will roll out the next-generation LTE standard, Shameel Joosub told reporters at a media event in … [Read more...] about CORRECTED-S.Africa’s Vodacom says to roll out 4G by year-end
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UPDATE 2-South Africa’s Vodacom to stay in DRC
* Had planned sale of the 51 stake in DRC * Is in disputes with local shareholder, consultant * Has invested in a 3G licence in Congo By Helen Nyambura-Mwaura JOHANNESBURG, Sept 28 (Reuters) - Vodacom no longer plans to exit the Democratic Republic of Congo and wants to resolve a longstanding dispute with its local partner to tap a fast-growing market, the … [Read more...] about UPDATE 2-South Africa’s Vodacom to stay in DRC
UPDATE 2-Cricket-Gul bats Pakistan to narrow win over S Africa
(Adds quotes, byline) By Ranga Sirilal COLOMBO, Sept 28 (Reuters) - Umar Gul emerged as Pakistan's unlikely batting hero, blasting a 17-ball 32 to give the 2009 champions' a narrow two-wicket victory over South Africa in a nail-biting World Twenty20 Super Eight match on Friday. Chasing a 134-run victory target, Pakistan were reeling at 76 for seven in the 15th … [Read more...] about UPDATE 2-Cricket-Gul bats Pakistan to narrow win over S Africa
Moody’s cuts South Africa’s government bond rating to Baa1
NEW YORK, Sept 27 (Reuters) - Moody's Investors Service on Thursday cut South Africa's government bond rating by one notch to Baa1 from A3, citing worries about the country's institutions as well as future political stability. The main driver of the downgrade "is Moody's lowered assessment of institutional strength to 'moderate' from 'high,' an important factor in the … [Read more...] about Moody’s cuts South Africa’s government bond rating to Baa1
Euro Coal-Prices rise by $1/T, buyers remain scarce
* Nov S.African bid at $84.50/T, up $1.00 * Swaps rally bolsters physical LONDON, Sept 27 (Reuters) - Prompt coal prices rose by around $1.00 a tonne on Thursday, boosted by oil's rally to $112 and active coal swaps buying which pulled physical values higher. "Oil rose strongly in the morning, that pushed everything else up, but the fundamentals haven't changed," … [Read more...] about Euro Coal-Prices rise by $1/T, buyers remain scarce