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reuters

TABLE-Foreigners buy bonds, sell equities last week

27 August 2012 By admin

JOHANNESBURG, Aug 27 (Reuters) - Offshore investors bought 2.1 billion rand ($250 million) worth of local debt last week but sold 241 million rand in equities, data from the JSE showed on Monday. Below are tables outlining purchases, sales and net purchases for the week, for the same period in 2011, for the year-to-date and the corresponding year-to-date in 2011. All … [Read more...] about TABLE-Foreigners buy bonds, sell equities last week

New business and rising markets boost Kenya’s Pan Africa

27 August 2012 By admin

NAIROBI Aug 27 (Reuters) - Kenya's Pan Africa Insurance Holdings posted a 131 percent jump in first-half pretax profit, boosted by growth in new business and a higher valuation for its equity and bond portfolio, it said on Monday. Controlled by South African insurer Sanlam, Pan Africa said it was optimistic for the second half of the year due to easing inflation, but was … [Read more...] about New business and rising markets boost Kenya’s Pan Africa

After mourning, Lonmin in race to restart mining

27 August 2012 By admin

By Ed Stoddard JOHANNESBURG Aug 26 (Reuters) - World no. 3 platinum producer Lonmin is racing to resume ore extraction at its Marikana site, with no guarantee striking workers will return this week after a mourning period for comrades killed in a wave of labour unrest. Lonmin's South African operations have been paralysed since an illegal strike involving 3,000 rock … [Read more...] about After mourning, Lonmin in race to restart mining

Rugby-Pumas prove potential for big things in new championship

27 August 2012 By admin

By Rex Gowar MENDOZA, Argentina Aug 26 (Reuters) - Argentina's 16-16 draw with South Africa represents a huge step forward for the Pumas -- but they want even better results in the new Rugby Championship according to captain Juan Fernandez Lobbe. The performance was confirmation that it was not a mistake to bring Argentina into the major annual competition they had … [Read more...] about Rugby-Pumas prove potential for big things in new championship

Rugby-Pressure builds on Deans as Wallabies lose again

26 August 2012 By admin

WELLINGTON Aug 26 (Reuters) - Australia's failure to regain the Bledisloe Cup from New Zealand has upped the pressure on under-fire coach Robbie Deans and raised questions as to whether he will see out his contract. The Wallabies were humbled 22-0 by the world champions at Eden Park in Auckland on Saturday, continuing their run of losses at the ground stretching back to … [Read more...] about Rugby-Pressure builds on Deans as Wallabies lose again

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