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reuters

Tiger Brands buys 63 pct of Nigeria’s Dangote Flour

4 October 2012 By admin

LAGOS Oct 4 (Reuters) - Nigerian billionaire Aliko Dangote on Thursday sold 63 percent of Dangote Flour to South African consumer goods firm Tiger Brands in a deal worth $188 million, brokers said. The sale of 3.1 billion shares on the Nigerian Stock Exchange was done at 9.50 naira ($0.06) per share, after regulators' approval last month. (Reporting by Mayowa Oludare; … [Read more...] about Tiger Brands buys 63 pct of Nigeria’s Dangote Flour

UPDATE 1-Tiger Brands buys 63 pct of Nigeria’s Dangote Flour

4 October 2012 By admin

(Adds details, background) LAGOS Oct 4 (Reuters) - Nigerian billionaire Aliko Dangote on Thursday sold 63 percent of Dangote Flour to South African consumer goods firm Tiger Brands in a deal worth $188 million, brokers said. The sale of 3.1 billion shares on the Nigerian Stock Exchange was done at 9.50 naira ($0.06) per share, after regulators' approval last month. … [Read more...] about UPDATE 1-Tiger Brands buys 63 pct of Nigeria’s Dangote Flour

S.African miners launch silicosis case against AngloGold

4 October 2012 By admin

JOHANNESBURG Oct 4 (Reuters) - Thirty-one former South African miners launched a case against world no. 3 bullion producer AngloGold Ashanti on Thursday in the Johannesburg High Court, saying they contracted the lung disease silicosis while working in its shafts. The case is separate from a silicosis class action suit filed in August against AngloGold Ashanti, Gold Fields … [Read more...] about S.African miners launch silicosis case against AngloGold

UPDATE 2-Toyota in 4-day strike as S.Africa mine unrest spreads

4 October 2012 By admin

* Toyota's Durban plant hit by four-day walkout * Kumba Iron Ore stops output at giant Sishen pit * Amplats conveyors set on fire * Zuma under pressure before ANC leadership vote By Wendell Roelf CAPE TOWN, Oct 4 (Reuters) - Toyota Motor Corp said it had been forced to shut its Durban vehicle plant for four days because of an illegal pay strike, … [Read more...] about UPDATE 2-Toyota in 4-day strike as S.Africa mine unrest spreads

Rugby-Australia team to face Argentina in Rugby Championship

4 October 2012 By admin

Oct 4 (Reuters) - Australia coach Robbie Deans named the following side to face Argentina in a Rugby Championship match in Rosario on Saturday: 15-Mike Harris, 14-Nick Cummins, 13-Ben Tapuai, 12-Pat McCabe, 11-Digby Ioane, 10-Kurtley Beale, 9-Nick Phipps; 8-Radike Samo, 7-Michael Hooper, 6-Sitaleki Timani, 5-Nathan Sharpe (captain), 4-Kane Douglas, 3-Ben Alexander, … [Read more...] about Rugby-Australia team to face Argentina in Rugby Championship

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