reuters

JOHANNESBURG Oct 17 (Reuters) - Toyota Motor Corp shut a South African car factory on Wednesday due to a strike at parts suppliers Toyota Boshuku, which makes seats and door panels. "Lack of supplies has forced us to stop production," said spokesman Leo Kok. He said the plant received 700 units from the supplier daily and was likely to remain closed for the duration of … [Read more...] about Toyota shuts S.Africa car plant due to supplier strike

(The following statement was released by the rating agency) Oct 17 - Overview -- On Oct. 12, 2012, we lowered the Republic of South Africa's long-term local and foreign currency sovereign credit ratings to 'A-' and 'BBB', respectively. -- Under our criteria, we generally cap the ratings on insurers with a material direct exposure to a sovereign at the … [Read more...] about TEXT-S&P revises South African Santam to neg; ‘A-‘rtgs afmd

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 New Issue-EIB prices 300 mln rand 2019 bond

By Sarah Young LONDON Oct 17 (Reuters) - AngloGold Ashanti, the world's No.3 bullion producer, could make a decision next week on whether to follow other miners and issue striking workers with an ultimatum to return to work or be sacked, its chief executive said on Wednesday. South Africa has been swept by a wave of often violent industrial action in the last two … [Read more...] about AngloGold says still deciding on strike ultimatum

* Production at Sishen to resume as soon as possible * Gold Fields give Thursday deadline for strikers to return * Gold One suspends Ezulwini mine for 30 days (Recasts with Gold Fields, adds Atlatsa, details) By Sherilee Lakmidas and Agnieszka Flak JOHANNESBURG, Oct 16 (Reuters) - An illegal strike at Kumba Iron Ore's Sishen mine in South Africa ended on … [Read more...] about UPDATE 1-Police remove strikers from Kumba’s S.Africa Sishen mine