TOKYO Oct 9 (Reuters) - The International Monetary Fund on Tuesday cut its 2012 forecast for Africa along with most other countries around the world as the euro zone crisis dampens global demand and higher food prices weigh on food-importing countries in the region. In its latest World Economic Outlook, the IMF shaved its 2012 projections for Africa to 5 percent from 5.4 … [Read more...] about IMF cuts 2012 Africa growth forecast, raises outlook for 2013
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Africa can easily grow wheat to ease hunger, price shocks-study
By Alister Doyle OSLO Oct 9 (Reuters) - Wheat production in sub-Saharan Africa is at only 10 to 25 percent of its potential and nations can easily grow more to limit hunger, price shocks and political instability, a study showed on Tuesday. The report, examining environmental conditions of 12 nations from Ethiopia to Zimbabwe, said that farmers south of the … [Read more...] about Africa can easily grow wheat to ease hunger, price shocks-study
BHP Billiton bond order book seen at A$700 mln-plus -investors
SYDNEY Oct 9 (Reuters) - The order book of global mining giant BHP Billiton's five-year bond offer is at least A$700 million and is being marketed at 95 basis points over the Australian bank bill swap rate, two fund managers looking at the offer said on Tuesday. The issue, launched earlier in the day, is the first Australian dollar bond offered primarily to Australian … [Read more...] about BHP Billiton bond order book seen at A$700 mln-plus -investors
UPDATE 1-Rand hits 3-1/2 year low as S.Africa strikes weigh
(Updates levels, adds quotes, background) By Stella Mapenzauswa JOHANNESBURG Oct 8 (Reuters) - South Africa's rand fell more than 2.3 percent against the dollar to a 3-1/2 year low in volatile trade on Monday as strikes that have hit output in the mining sector continued to hurt investor sentiment. Government bonds tracked the currency, with traders saying the … [Read more...] about UPDATE 1-Rand hits 3-1/2 year low as S.Africa strikes weigh
S.Africa municipal workers gear up for national strike
JOHANNESBURG Oct 8 (Reuters) - The South African Municipal Workers Union (SAMWU) has filed notice to launch a national strike, a spokesman said on Monday, in the latest sign that labour unrest was widening further byond the mining industry. "The union is mobilising towards a national protest, which would begin as soon as this week," spokesman Tahir Sema said. The … [Read more...] about S.Africa municipal workers gear up for national strike
