By Tosin Sulaiman JOHANNESBURG Oct 23 (Reuters) - Foreign direct investment flows to South Africa tumbled 43.6 percent in the first half of 2012 compared to the same period last year, while FDI to the continent as a whole rose by 5 percent, a United Nations report said on Tuesday. The decline in FDI to Africa's biggest economy came amid an 8 percent drop in global FDI … [Read more...] about S.Africa FDI plummets in first half of 2012
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Strike at Toyota’s parts supplier ends in S.Africa
JOHANNESBURG Oct 23 (Reuters) - Toyota Boshoku, parts supplier of Toyota Motor Corp, said on Tuesday a strike at its South African plant has ended after reaching an agreement with the union. The strike forced Toyota to shut its domestic car factory on Wednesday last week. "The plant remained at a ready state during the strike and we are confident that we will return … [Read more...] about Strike at Toyota’s parts supplier ends in S.Africa
S.Africa’s rand firms as Spain boosts euro
* Rand firms on the back of a euro rally * Bonds unmoved ahead of key data in the week By Vuyani Ndaba JOHANNESBURG, Oct 22 (Reuters) - South Africa's rand firmed on Monday against the dollar, boosted by the regional elections in Spain over the weekend, which removed a potential obstacle to the country seeking a bailout. The rand was almost half a percent … [Read more...] about S.Africa’s rand firms as Spain boosts euro
Euro Coal-Creeps higher but no trades
* Traders seek bilateral deals * Nov S.African cargo bid at $78.T, down $2.00 LONDON Oct 22 (Reuters) - Prompt physical coal prices moved marginally higher by 25-75 cents a tonne although no fresh trades were reported and demand remained tepid in Europe and Asia. Despite surging coal consumption in many European countries, traders said they had seen little … [Read more...] about Euro Coal-Creeps higher but no trades
South African photographer who chronicled apartheid dies
JOHANNESBURG Oct 22 (Reuters) - Alf Khumalo, a South African photographer whose pictures of the brutalities of the apartheid regime piled pressure on the white-minority government, has died of renal failure at the age of 82. Khumalo made his name as a photographer for Drum magazine, initially a black lifestyle magazine that was notable for its reportage of township life … [Read more...] about South African photographer who chronicled apartheid dies
