* SP says ramifications of social tensions could deteriorate * Treasury insists spending plans realistic and achievable JOHANNESBURG Oct 12 (Reuters) - Standard Poor's cut South Africa's credit rating one notch on Friday to BBB with a negative outlook, saying mining strikes and social tensions could reduce fiscal flexibility and hurt growth in the continent's biggest … [Read more...] about UPDATE 2-S&P cuts S.Africa, cites strikes, social tensions
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PRECIOUS-Gold falls, US data feeds worry Fed could curb stimulus
* Gold posts biggest weekly decline since end of June * Some investors see recovery due to "fiscal cliff" * China, India physical demand falls, gold ETF holdings down * Coming up: U.S. retail sales Monday By Frank Tang NEW YORK, Oct 12 (Reuters) - Gold fell nearly 1 percent on Friday, its biggest daily drop in more than two months, as improving U.S. … [Read more...] about PRECIOUS-Gold falls, US data feeds worry Fed could curb stimulus
Soccer-Poland leave it late to beat South Africa in friendly
WARSAW Oct 12 (Reuters) - A late goal from substitute Marcin Komorowski gave injury-hit Poland a 1-0 win over South African in an international friendly on Friday. Polish coach Waldemar Fornalik, who had to do without injured captain Jakub Blaszczykowski and first-choice goalkeeper Wojciech Szczesny, also kept Borussia Dortmund striker Robert Lewandowski on the bench. … [Read more...] about Soccer-Poland leave it late to beat South Africa in friendly
Soccer-Poland 1 South Africa 0
WARSAW Oct 12 (Reuters) - Poland 1 South Africa 0 - international friendly result National Stadium, Warsaw. Scorer: Marcin Komorowski (81) (Reporting by Maciej Onoszko, editing by Mark Meadows) © Thomson Reuters 2012 All rights reserved … [Read more...] about Soccer-Poland 1 South Africa 0
S.Africa’s transport union sign wage deal-employers
CAPE TOWN Oct 12 (Reuters) - South African transport unions have signed a wage deal ending a three-week strike, the employers association said on Friday, putting a stop to labour unrest that has hit deliveries of fuel, cash and consumer goods in Africa's biggest economy. "The agreement has been signed by everyone. The strike is off immediately," Penwell Lunga, chairman of … [Read more...] about S.Africa’s transport union sign wage deal-employers
