reuters

* Wage demands made weeks ago from gold sector * Gold mine wage deals in force until June 2013 * Signals discontent spreading through mining industry JOHANNESBURG, Aug 27 (Reuters) - South Africa's gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current collective agreements do not expire until the … [Read more...] about S.Africa’s gold sector also hit with wage hike demands

CAPE TOWN Aug 27 (Reuters) - South Africa is scheduled to release in September the first tranche of a 2.4 billion rand ($285.92 million) bailout to Swaziland, Africa's last monarchy, Finance Minister Pravin Gordhan said in parliamentary documents released on Monday. The first tranche of three equal payments will be 800 million rand and subject to Swaziland meeting certain … [Read more...] about S.Africa bailout loan to Swaziland to start in Sept

By Alan Baldwin LONDON Aug 27 (Reuters) - A new 'Formula E' global series of city centre electric car races will start in 2014 after motor sport's governing body licensed the commercial rights to a Hong Kong-based consortium. A statement on Monday said London-based Spanish businessman Enrique Banuelos will be lead investor in Formula E Holdings Ltd, with compatriot … [Read more...] about Motor racing-Global electric car series to launch in 2014

DUBLIN Aug 27 (Reuters) - Independent Media : * appoints Denis O'Brien ally Leslie Buckley as chairman © Thomson Reuters 2012 All rights reserved … [Read more...] about Independent News appoints O’Brien ally as chairman

* S.Africa's currency and bonds hit by sentiment * Thin volumes exaggerate rand fall JOHANNESBURG Aug 27 (Reuters) - The rand fell to a one month low against the dollar on Monday weighed by labour problems in South Africa's platinum sector that soured investor sentiment. However, the currency managed to recover some of those losses towards the end of the local … [Read more...] about Rand at 1-month low vs dollar, bonds follow weak tone