International Business News - South http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif About 10,000 workers are expected to lose their jobs as South Africa's mining industry copes with the global financial crisis, unions said Tuesday. Jaco Kleynhans, a spokesman for the Solidarity union, said eight mines have issued lay off notices to about 9,000 workers and that another 1,000 job losses were expected. http://www.ibtimes.com/articles/20081202/unions-say-safrican-mines-to-shed-10-000-jobs.htm Tue, 02 Dec 2008 13:31:02 EST Serbia said it won't sell its energy monopoly to Russia unless it gets firm guarantees from Moscow it will build a strategic pipeline through the Balkan country. http://www.ibtimes.com/articles/20081201/russian-purchase-of-serbian-oil-company-in-doubt.htm Mon, 01 Dec 2008 11:39:31 EST Church bells tolled and workers put down their tools on Monday as South Africa observed a minute of silence for AIDS victims and ended a decade of denial about the epidemic. http://www.ibtimes.com/data/articleimgs/186755-challenging-aids.jpg http://www.ibtimes.com/articles/20081201/south-africa-marks-aids-day.htm http://www.ibtimes.com/articles/20081201/south-africa-marks-aids-day.htm Mon, 01 Dec 2008 12:00:19 EST A South Korean general offered a wish for peace in Iraq on Monday as his troops ended a five-year reconstruction mission in the country--the latest departure from the dwindling U.S.-led coalition. http://www.ibtimes.com/articles/20081201/south-korea-among-countries-ending-iraq-deployment.htm Mon, 01 Dec 2008 12:48:09 EST Moscow has pledged to complete its South Stream gas pipeline by 2015--two years behind the original schedule--despite the global financial crisis, Serbian officials said Wednesday. http://www.ibtimes.com/articles/20081126/serbia-russia-will-finish-south-stream-by-2015.htm Wed, 26 Nov 2008 10:43:30 EST South Jersey Industries, an energy-services holding company, on Monday increased its quarterly dividend by 2.75 cents to 29.75 cents per share. The company said the increased dividend would be payable Dec. 29 to stockholders of record Dec. 10. http://www.ibtimes.com/articles/20081124/south-jersey-industries-increases-dividend.htm Mon, 24 Nov 2008 10:37:27 EST An international meeting has set new guidelines aimed at preventing tobacco companies from trying to influence national and global health policy. The 160 nations, which are party to the U.N.-sponsored Framework Convention on Tobacco Control, adopted the recommendations after a weeklong meeting in South Africa. http://www.ibtimes.com/articles/20081122/anti-tobacco-meeting-adopts-new-guidelines.htm Sat, 22 Nov 2008 11:57:57 EST In another sign of how hard the nation's economic meltdown is hitting the Southeast, unemployment rates ticked up across most of the region in October. http://www.ibtimes.com/articles/20081121/october-jobless-rates-rise-in-most-of-southeast.htm Fri, 21 Nov 2008 14:51:35 EST A white teenager has received four life sentences for a shooting spree that killed four blacks and wounded eight, re-igniting racial tensions in post-apartheid South Africa. http://www.ibtimes.com/articles/20081121/white-s-african-sentenced-for-racist-killings.htm Fri, 21 Nov 2008 10:52:31 EST The Bank of South Carolina Corp. said Wednesday it has chosen not to participate in the U.S. Treasury Department's voluntary program to directly invest in banks to help restore credit markets. http://www.ibtimes.com/articles/20081119/bank-of-south-carolina-wont-join-treasury-program.htm Wed, 19 Nov 2008 12:09:39 EST If it's no surprise that Michigan lawmakers are behind the pitch for a $25 billion lifeline for Detroit automakers, then it might be just as predictable that Southerners would be leading the charge against it. http://www.ibtimes.com/articles/20081118/southern-lawmakers-sour-on-detroit-bailout.htm Tue, 18 Nov 2008 18:13:37 EST Don't worry, Nelson Mandela can laugh at himself. At least that's the opinion of Jonathan Shapiro, South Africa's leading political cartoonist for 20 years, whose work has not shied away from ridiculing the foibles of the anti-apartheid icon. http://www.ibtimes.com/articles/20081118/south-african-cartoonist-makes-light-of-mandela.htm Tue, 18 Nov 2008 11:08:06 EST A white teenager has pleaded guilty in a shooting spree that killed four blacks and reignited racial tensions in post-apartheid South Africa. South Africa media report that 18-year-old Johan Nel pleaded guilty as his trial started Monday in Mmabatho, 300 kilometers (180 miles) north of Johannesburg. Prosecutors then began presenting evidence that could influence sentencing, expected this week. http://www.ibtimes.com/articles/20081117/white-s-african-guilty-in-deaths-of-4-blacks.htm Mon, 17 Nov 2008 08:41:31 EST The paratroopers' armored vehicles had barely taken up position in this fiefdom of the Casalesi crime clan when the mobsters decided to show who was boss. http://www.ibtimes.com/articles/20081116/italy-fights-mob-terror-near-naples.htm Sun, 16 Nov 2008 13:40:03 EST A trumpet wailed and poetry soared Saturday as South Africans remembered "Mama Africa," Miriam Makeba, for her music and her commitment to human rights. http://www.ibtimes.com/data/articleimgs/175457-south-africa-makeba.jpg http://www.ibtimes.com/articles/20081115/south-africa-pays-tribute-to-mama-africa-makeba.htm http://www.ibtimes.com/articles/20081115/south-africa-pays-tribute-to-mama-africa-makeba.htm Sat, 15 Nov 2008 10:32:31 EST South African police say a truck carrying workers collided with another truck, killing 23 people and injuring nine. Police spokesman Abie Khoabane tells the South African Press Association that the driver of a larger truck lost control and pushed the truck carrying the workers off the road in the northeast of the country. http://www.ibtimes.com/articles/20081112/23-die-in-south-african-truck-accident.htm Wed, 12 Nov 2008 06:56:20 EST The world's first legal ivory auctions in nearly a decade ended Thursday with four African nations selling more than 100 tons of tusks to Chinese and Japanese traders for nearly $15 million. http://www.ibtimes.com/data/articleimgs/169405-south-africa-ivory-sales.jpg http://www.ibtimes.com/articles/20081106/legal-ivory-auctions-raise-15-million-in-africa.htm http://www.ibtimes.com/articles/20081106/legal-ivory-auctions-raise-15-million-in-africa.htm Thu, 06 Nov 2008 14:45:38 EST One of Africa's richest tribes embarked on a joint venture Thursday with the world's largest platinum mining company. The Bafokeng tribe's leaders signed a 10.3 billion rand ($1.6 billion) joint venture deal with giant Anglo-Platinum to sink a new mineshaft, more than doubling the output at the Bafokeng Rasimone Platinum Mine. The deal will also create 2,000 new jobs. http://www.ibtimes.com/data/articleimgs/169433-south-africa-the-platinum-tribe.jpg http://www.ibtimes.com/articles/20081106/african-tribe-in-joint-venture-with-anglo-platinum.htm http://www.ibtimes.com/articles/20081106/african-tribe-in-joint-venture-with-anglo-platinum.htm Thu, 06 Nov 2008 16:30:50 EST Barack Obama hardly marched across the South like Sherman. But he certainly made some inroads. The Illinois Democrat failed to win a majority of white votes in any Southern state, and exit polls indicate that a deeper racial divide may persist here than in other regions. http://www.ibtimes.com/data/articleimgs/168878-vote-reax-2008.jpg http://www.ibtimes.com/articles/20081105/democrats-gain-in-dixie-but-racial-divide-remains.htm http://www.ibtimes.com/articles/20081105/democrats-gain-in-dixie-but-racial-divide-remains.htm Wed, 05 Nov 2008 17:35:30 EST The head of a breakaway faction of South Africa's ruling party told thousands of cheering supporters Saturday that the African National Congress had turned the country's post-apartheid hope into despair with corrupt, incompetent and divisive policies. http://www.ibtimes.com/data/articleimgs/165036-south-africa-politics.jpg http://www.ibtimes.com/articles/20081101/breakaway-faction-blasts-s-african-ruling-party.htm http://www.ibtimes.com/articles/20081101/breakaway-faction-blasts-s-african-ruling-party.htm Sat, 01 Nov 2008 12:37:14 EDT