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reuters

SAfrica bonds may lose steam after trumping stocks to date in 2012

15 October 2012 By admin

* Foreign bond flows double last year * Strikes hit mining shares * Bonds yielding more than equities * Foreigners keen on retail stocks By Stella Mapenzauswa JOHANNESBURG, Oct 15 (Reuters) - South African government bonds could soon lose some steam after a strong run propelled by portfolio flows from foreign accounts undeterred by strikes that have … [Read more...] about SAfrica bonds may lose steam after trumping stocks to date in 2012

UPDATE 1-S.Africa strikes engulf Gold Fields’ KDC operations

15 October 2012 By admin

* Output at KDC suspended * 8,500 more workers join Gold Fields strike * Striking gold miners refuse to go back to work * Companies may close mines, dismiss workers - union (Recasts with Gold Fields, adds Harmony, Solidarity) By Sherilee Lakmidas JOHANNESBURG, Oct 15 (Reuters) - South African bullion producer Gold Fields suspended output at its … [Read more...] about UPDATE 1-S.Africa strikes engulf Gold Fields’ KDC operations

Two killed as S.Africa tourist boat capsizes

15 October 2012 By admin

JOHANNESBURG Oct 14 (Reuters) - Two people, including an elderly British tourist, were killed when a charter boat on a popular sight-seeing trip capsized off South Africa's Hout Bay on Saturday, rescue officials said. The twin-hulled catamaran "Miroshga" was carrying 38 people, including British and French nationals when it capsized near Duiker Island, about 3 km from Hout … [Read more...] about Two killed as S.Africa tourist boat capsizes

Virgin Mobile eyes $100 mln fund raising to spur expansion -FT

15 October 2012 By admin

LONDON Oct 15 (Reuters) - Virgin Mobile is raising up to $100 million from investors and private equity groups to roll out the Virgin Mobile brand to at least six new markets, the Financial Times reported on Monday. Virgin Mobile, a mobile virtual network operator that aims to reach $3 billion in worldwide revenues by 2020, is seeking to expand to Brazil, Colombia, Chile, … [Read more...] about Virgin Mobile eyes $100 mln fund raising to spur expansion -FT

S.Africa police arrest 72 Gold Fields miners -media

14 October 2012 By admin

JOHANNESBURG Oct 14 (Reuters) - South African police arrested 72 miners from Gold Fields KDC Kloof mine after a protest turned violent, the South Africa Press Association reported. The police used rubber bullets and stun grenades to disperse the group on Friday night, SAPA reported late on Saturday. (Reporting by David Dolan; Editing by Alison Williams) … [Read more...] about S.Africa police arrest 72 Gold Fields miners -media

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