By Agnieszka Flak JOHANNESBURG, Sept 12 (Reuters) - Construction of South Africa's 4,764 MW Medupi coal-fired power plant, meant to plug a dire electricity shortfall, remained suspended following protests at the site the previous week, state-owned utility Eskom said on Wednesday. Last week around 80 workers contracted by Murray Roberts (MR) and Grinaker-LTA, part of … [Read more...] about S.Africa’s Medupi plant work suspended after protests
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CANADA STOCKS-TSX may open higher on German court ruling
Will 2012 see more strong men of Africa leave office?There are many reasons for being angry with Africa ’s strong men, whose autocratic ways have thrust some African countries back into the eye of the storm and threatened to undo the democratic gains in other parts of the continent of the past decades. Blog Operation Somalia: The U.S., Ethiopia and now KenyaEthiopia did it … [Read more...] about CANADA STOCKS-TSX may open higher on German court ruling
Amplats says suspends Rustenburg operations
JOHANNESBURG, Sept 12 (Reuters) - Anglo American Platinum said on Wednesday it has suspended operations at its Rustenburg mine in South Africa to protect employees from outside intimidation. "Our employees are not on strike. However, in light of the current volatile situation in the Rustenburg area, Anglo American Platinum has decided to suspend its operations," Amplats … [Read more...] about Amplats says suspends Rustenburg operations
UPDATE 3-S.Africa suffers shock current account deficit hit
* Current account deficit balloons to 6.4 pct of GDP * Mining unrest may hit Q3 GDP -central bank * Manufacturing rebounds in second quarter but outlook bleak By Xola Potelwa JOHANNESBURG, Sept 11 (Reuters) - South Africa's current account recorded its largest deficit in nearly four years in the second quarter of 2012 as exports fell because of … [Read more...] about UPDATE 3-S.Africa suffers shock current account deficit hit
Cricket-Mendis pledges to bowl all five variations in T20
By Ranga Sirilal COLOMBO, Sept 11 (Reuters) - Sri Lanka spinner Ajantha Mendis has promised to deliver all five of his bowling variations in the Twenty20 World Cup tournament which begins next Tuesday. Mendis, who holds the best bowling figures in the T20 format with 6-16 from four overs against Australia in 2011, has been included in Sri Lanka's squad after spending … [Read more...] about Cricket-Mendis pledges to bowl all five variations in T20