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reuters

S.Africa’s September business confidence retreats

3 October 2012 By admin

JOHANNESBURG Oct 3 (Reuters) - Business confidence in South Africa fell again in September after a rebound the previous month, weighed down by a wave of mostly illegal strikes that have hit the mining sector in particular. The Business Confidence Index (BCI) shed 3.3 points to 91.7 in September, not far off a 12-month low of 90.9 reached in July, data from the South … [Read more...] about S.Africa’s September business confidence retreats

Cricket-Pietersen back in England fold after apology over texts

3 October 2012 By admin

LONDON Oct 3 (Reuters) - Controversial middle-order batsman Kevin Pietersen can return to the England fold after making peace with the England and Wales Cricket Board (ECB) in a row over "provocative" text messages, officials said on Wednesday. Pietersen had apologised to former England captain Andrew Strauss, the ECB said in a statement, adding: "Agreement has been … [Read more...] about Cricket-Pietersen back in England fold after apology over texts

EMERGING MARKETS-Stocks dip on growth worries, rand falls

3 October 2012 By admin

LONDON Oct 3 (Reuters) - Emerging stocks dipped on Wednesday and the commodity-focused rand hit four-week lows after weak Chinese and Australian data raised global growth concerns. China's official services PMI slowed to 53.7 percent in September from 56.3 in August, highlighting the economy's seventh straight quarter of slowdown, while Australia posted weak export data. … [Read more...] about EMERGING MARKETS-Stocks dip on growth worries, rand falls

Harmony Gold: Workers at S.Africa mine on illegal strike

3 October 2012 By admin

JOHANNESBURG Oct 3 (Reuters) - Workers at Harmony Gold's Kusasalethu mine near Johannesburg have downed tools in the latest illegal strike to hit South Africa's mining sector, the company said on Wednesday. (Reporting by Ed Stoddard and Sherilee Lakmidas) © Thomson Reuters 2012 All rights reserved … [Read more...] about Harmony Gold: Workers at S.Africa mine on illegal strike

UPDATE 2-Ex-Tesco boss to head up S.Africa’s Pick n Pay

3 October 2012 By admin

* New CEO starts work in February 2013 * Pick n Pay shares jump nearly 7 percent * Pick n Pay looking to regain market share By Tiisetso Motsoeneng JOHANNESBURG, Oct 3 (Reuters) - South Africa's Pick n Pay named the former head of Tesco's UK business as its new chief executive on Wednesday, as the country's No.2 grocer struggles to regain market share and … [Read more...] about UPDATE 2-Ex-Tesco boss to head up S.Africa’s Pick n Pay

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