JOHANNESBURG Oct 12 (Reuters) - South Africa's rand extended earlier gains to a fresh one-week high against the dollar on Friday after news that employers and unions had reached an agreement to end a three-week long truckers' strike. The rand firmed to 8.5920, its strongest level since last week Friday, gaining from 8.6305 before the news of the agreement. It closed at … [Read more...] about S.Africa’s rand hits week high as strike suspended
reuters
S.Africa rand to return to "appropriate" level-c.bank
JOHANNESBURG Oct 12 (Reuters) - South Africa's currency is likely to bounce back from 3-1/2 year lows plumbed this week due to two months of labour unrest, central bank Deputy Governor Francois Groepe said. "The rand's exchange value has reflected investor concerns in recent weeks, and although the negative consequences of the unrest cannot be underestimated, I am … [Read more...] about S.Africa rand to return to "appropriate" level-c.bank
UPDATE 3-S.Africa truckers sign wage deal, strike off
* All four trucker unions sign deal * Three-week strike had caused fuel, cash shortages * Rand firms after announcement By Wendell Roelf CAPE TOWN, Oct 12 (Reuters) - South African truck drivers have signed a wage deal to end a three-week strike, the freight employers group said on Friday, putting an end to a walk-out that has hit deliveries of fuel, cash … [Read more...] about UPDATE 3-S.Africa truckers sign wage deal, strike off
BlackRock sees more room for miners to cut costs, hike payouts
* Miners could return more capital to shareholders * Copper, iron ore producers tipped to make handsome returns By Maytaal Angel and Clara Ferreira-Marques LONDON, Oct 12 (Reuters) - Mining firms, already cutting back after years of rising costs, could do more to tighten their belts and should use the proceeds to increase payouts to yield-hungry investors, … [Read more...] about BlackRock sees more room for miners to cut costs, hike payouts
UPDATE 1-Author Mantel eyes Booker history, Self a contender
(adds latest odds from Ladbrokes) By Mike Collett-White LONDON Oct 12 (Reuters) - Hilary Mantel could become the first woman to win the coveted Man Booker Prize for fiction twice with her historical novel "Bring Up the Bodies", the bookmakers' favourite alongside Will Self's "Umbrella". The annual literary award to an author from the Commonwealth, Zimbabwe or … [Read more...] about UPDATE 1-Author Mantel eyes Booker history, Self a contender
