JOHANNESBURG Aug 8 (Reuters) - MTN Group is talks with U.S. and South African authorities over repatriating earnings from its Iranian business, the chief executive of the South African mobile operator said on Wednesday. Sifiso Dabengwa also told reporters following the release of the company's first-half earnings that MTN had not repatriated any funds from Iran in the last … [Read more...] about MTN says in talks with U.S., S.Africa on Iran money
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MTN could buy back another $245 mln in shares -CEO
JOHANNESBURG Aug 8 (Reuters) - MTN Group could buy back another 2 billion rand ($245 million) worth of its own shares in the next 12 months under its current share buyback programme, the chief executive of the South African telecom group said on Wednesday. Sifiso Dabengwa told reporters the company has board approval to buy back a total of 5 billion rand, under which … [Read more...] about MTN could buy back another $245 mln in shares -CEO
UPDATE 1-S.African coal prices rebound to highest since June
(Adds graphic, quotes) LONDON Aug 8 (Reuters) - South African physical coal prices rebounded on Wednesday to the highest level since a short-lived rally in June, lifted by strikes in Colombia that constrained supply, traders said, with a trade at $91.05 a tonne for a September cargo on globalCOAL. Prompt cargo values were bid strongly higher earlier this week, but no … [Read more...] about UPDATE 1-S.African coal prices rebound to highest since June
S.Africa manufacturing output up 0.8 pct y/y in June
JOHANNESBURG Aug 8 (Reuters) - South Africa's manufacturing output grew 0.8 percent year-on-year in volume terms in June, undershooting market expectations after a revised 4.4 percent rise in May. The consensus of economists in a Reuters poll was for factory output to grow by 3.2 percent in June. Statistics South Africa said on a month-on-month basis production fell … [Read more...] about S.Africa manufacturing output up 0.8 pct y/y in June
Jo’burg snow fulfils couple’s white wedding dream
JOHANNESBURG Aug 8 (Reuters) - A South African couple married this week after a bout of unusually cold weather allowed them to fulfil a light-hearted promise to tie the knot the next time Johannesburg was covered in snow. Portuguese emigre Rui Moca and Monique Joubert had planned to wed next year, but when South Africa's biggest city was shrouded in a rare blanket of snow … [Read more...] about Jo’burg snow fulfils couple’s white wedding dream
