NAIROBI (Reuters) – Kenya’s Deputy President William Ruto said on Tuesday there would be no problem if the election board agrees to meet a raft of demands made by the opposition ahead of a repeat presidential vote on Oct. 26. The Supreme Court annulled an Aug. 8 vote at the start of September after opposition […]
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JOHANNESBURG (Reuters) – South African supermarket operator Pick n Pay on Tuesday reported a 25 percent fall in half-year earnings as a weak economy and staff cuts weighed on profit. Headline earnings per share fell to 61.88 cents for the six months to August 31 from 82.43 cents a year earlier. Headline earnings per share […]
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JOHANNESBURG (Reuters) – The South African Reserve Bank (SARB) is taking a cautious approach to monetary policy as risks to the inflation outlook are on the upside, deputy governor Daniel Mminele said. South Africa’s consumer price inflation stood at 4.8 percent year-on-year in August. Statistics South Africa is due to publish the September print on […]
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By Patricia Reaney NEW YORK (Reuters) – Historical gems around the globe, ranging from a Syrian bazaar and the last active synagogue in Alexandria to England’s Blackpool Piers and Alabama civil rights buildings, are threatened by war, disasters and urbanization, a monument conservation group said on Monday. Days after the United States and Israel said […]
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LONDON (Reuters) – The sky over London turned an unusual shade of yellow on Monday as Storm Ophelia brought dust from the Sahara and smoke from wild fires in southern Europe that filtered out certain wavelengths of sunlight. Downgraded from a hurricane overnight, Ophelia caused two deaths in Ireland on Monday, where it was the […]
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By Edward McAllister DAKAR (Reuters) – Rapidly expanding access to the internet across Africa is helping grassroots opposition movements take on once-invulnerable regimes. Many entrenched rulers have a simple response: pulling the plug. While countries in the Middle East and China employ firewalls and block virtual private networks to control web access, leaders in Africa […]
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By Ed Cropley JAMESTOWN, St. Helena (Reuters) – On St. Helena, the remote volcanic outcrop in the South Atlantic where Napoleon breathed his last, big changes are afoot – well, big by St. Helena standards. In the heart of the capital, Jamestown (population 600), Constable Cowie is worried about the Christmas traffic; Craig, the dive-master, […]
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TUNIS (Reuters) – Tunisia will raise some taxes and freeze public sector recruitment to try to reduce the budget deficit to 4.9 percent, an economic adviser to Prime Minister Youssef Chahed told Reuters on Monday. Tunisia will need about 7.4 billion Tunisian dinars ($3.00 billion) from foreign loans including 1.4 billion dinar from the sale […]
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By Abdi Sheikh MOGADISHU (Reuters) – More than 300 people died after twin bomb explosions in Mogadishu, an official said on Monday, as locals packed hospitals in search of friends and relatives caught up in Somalia’s deadliest attack in a decade. The death toll has steadily risen since Saturday, when the blasts – for which […]
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JOHANNESBURG (Reuters) – Sibanye-Stillwater on Monday abandoned plans to close some of its platinum operations in South Africa after it achieved bigger than expected cost-savings from recently acquired businesses. Sibanye said in January it might cut up to 330 jobs in platinum operations acquired from Anglo American Platinum and Aquarius Platinum. Lay-offs are a difficult […]
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JOHANNESBURG (Reuters) – Sibanye-Stillwater on Monday abandoned plans to close some of its platinum operations in South Africa after it achieved bigger than expected cost-savings from recently acquired businesses. Sibanye said in January it might cut up to 330 jobs in platinum operations acquired from Anglo American Platinum and Aquarius Platinum. Lay-offs are a difficult […]
Read More JOHANNESBURG (Reuters) – South Africa’s Impala Platinum (Implats) said on Monday it would pay $30 million for a 15 percent interest in a platinum project in the northern Waterberg region and had an option to acquire a majority stake in the development. South Africa’s Chamber of Mines estimates that 65 percent of platinum operations in […]
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