WASHINGTON, Sept 25 (Reuters) - After two years of high growth Zimbabwe's economy is set to slow to 5 percent this year amid a poor farming season blamed on erratic rainfall and concerns about upcoming elections, the International Monetary Fund said on Tuesday. Zimbabwe's economy grew at a rapid clip of 9.6 percent in 2010 and 9.4 percent last year as the country rebounded … [Read more...] about Zimbabwe’s rapid growth seen slowing to 5 pct
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Rugby-Forward-thinking Springboks seek to overpower Wallabies
By Ken Borland JOHANNESBURG, Sept 25 (Reuters) - Forwards coach Johann van Graan believes South Africa's pack will need to replicate their performance from the last match if they are to beat Australia in their Rugby Championship match in Pretoria on Saturday. The Springboks forwards dominated New Zealand in Dunedin on Sept. 15, but their effort was wasted by some … [Read more...] about Rugby-Forward-thinking Springboks seek to overpower Wallabies
UPDATE 2-Nigerian regulators approve Tiger Brands DFM deal
(Adds Aliko Dangote remaining as chairman) JOHANNESBURG, Sept 25 (Reuters) - South African consumer goods firm Tiger Brands said Nigerian authorities had cleared its 1.5 billion rand ($181.98 million) purchase of a majority stake in Nigeria's Dangote Flour Mills. The deal is Tiger Brands' third and its biggest yet in Nigeria, Africa's most populous country and … [Read more...] about UPDATE 2-Nigerian regulators approve Tiger Brands DFM deal
Gold Fields says KDC strike spreads to Beatrix
JOHANNESBURG, Sept 25 (Reuters) - World No. 4 bullion producer Gold Fields said on Tuesday workers remained on an illegal strike at its KDC West operation in South Africa despite an agreement reached Friday and employees at its Beatrix mine had also downed tools. "The strike is still on, they ignored the agreement reached Friday night. And the strike has now spread to … [Read more...] about Gold Fields says KDC strike spreads to Beatrix
Impala’s Zimplats unit hit with $34 mln tax charge
HARARE, Sept 25 (Reuters) - Zimbabwe's revenue authority has ordered Impala Platinum's Zimplats unit to pay $33.8 million in back-dated taxes, arguing the tax holiday claimed by the firm had no legal basis, Zimplats said on Tuesday. Zimplats, the country's largest mining operation, said in a statement the Zimbabwe Revenue Authority (ZIMRA) had re-assessed its tax … [Read more...] about Impala’s Zimplats unit hit with $34 mln tax charge
