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reuters

S.Africa changes CPI weights, electricity doubles

6 November 2012 By admin

JOHANNESBURG Nov 6 (Reuters) - South Africa has changed the weightings in its consumer price index basket to reflect the latest spending patterns, giving a slightly lower weighting to food, while petrol and electricity weightings will rise, the statistics agency said on Tuesday. The weighting of electricity and other fuels has doubled to 4.1 percent from 2.1 percent … [Read more...] about S.Africa changes CPI weights, electricity doubles

UPDATE 1- S.Africa’s Mediclinic H1 profit surges, shares rise

6 November 2012 By admin

* Normalised headline EPS at 112.1 cents vs 77.2 cents * S.Africa, UAE robust * Interim dividend up 10 percent (Adds details, shares) JOHANNESBURG, Nov 6 (Reuters) - South Africa's biggest private hospital group by value, Mediclinic International , reported a 45 percent surge in first-half profit helped by a robust performance in its mainstay domestic … [Read more...] about UPDATE 1- S.Africa’s Mediclinic H1 profit surges, shares rise

PRECIOUS-Gold hovers near 9-week low; eyes U.S. vote

6 November 2012 By admin

* Investors mull impact of U.S. election on fiscal cliff * Indian gold importers await price direction By David Brough LONDON, Nov 6 (Reuters) - Gold steadied near a nine-week low on Tuesday as investors assessed potential policy impact from the neck-and-neck U.S. presidential election. Spot gold rose 0.48 percent to $1,692.05 by 1349 GMT, but stayed close … [Read more...] about PRECIOUS-Gold hovers near 9-week low; eyes U.S. vote

Cash-strapped Zimbabwe fails to sell T-bills again

6 November 2012 By admin

* Fails to sell $30 mln in T-bills * Banks demanding high yields for debt * Zimbabwe struggles to revive debt market By Nelson Banya HARARE, Nov 6 (Reuters) - Zimbabwe failed to sell treasury bills for the third time in around a month on Tuesday, traders said, as wary banks brushed off government pressure to help revive the domestic debt market. … [Read more...] about Cash-strapped Zimbabwe fails to sell T-bills again

AngloGold says Mponeng mine in S.Africa still shut

6 November 2012 By admin

JOHANNESBURG Nov 6 (Reuters) - Gold producer AngloGold Ashanti Ltd said on Tuesday work at its Mponeng operations in South Africa remained shut following a second sit-in by day shift employees. (Reporting by Tiisetso Motsoeneng; Editing by Ed Stoddard) © Thomson Reuters 2012 All rights reserved … [Read more...] about AngloGold says Mponeng mine in S.Africa still shut

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