SOUTH AFRICA

Striking workers take part

Xstrata's S.Africa ops disrupted by strike

The South African operations of global miner Xstrata were disrupted on Monday after hundreds of workers joined a walk-out in protest over an employee share ownership programme, the company said.
More news
South African Cave

Early Human Paint Studio Discovered in South Africa

Off the South African coast, a tiny cave has been discovered with evidence of paint being mixed. This is believed to be the earliest trace of prehistoric humans producing their own paint with self-made tools.
Abalone Shells are Oldest Containers Used 100,000 Years Ago

100,000-Year-Old Paint Kits Unearthed in South Africa

A recent Archaeological discovery is changing the way people look at art or painting. Researchers have unearthed ancient painting kits in a South African cave, which was used 100,000 years ago in order to make, mix and also to stock up ochre.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

BRICS exchanges to cross-list indexes

Stock exchanges from six of the world's largest emerging markets will join forces to cross-list equity indexes derivatives, to target investor demand for fast-growing economies.
A South African child holds a 50 rand note in a file photo

ANC Treasurer General likes weaker rand

The recent weakness of the rand will benefit South African exporters and is positive for the economy, the treasurer general of the ruling African National Congress said on Wednesday.
File photo of the entrance to a HSBC bank branch in New York

HSBC cuts Egypt; upgrades Poland

HSBC cut its weighting on Egypt to "neutral" from "overweight," on increased political risks, and upgraded Poland to "overweight" from "underweight," on macroeconomic stability and valuation.
220 kg block of gold

Ghana in Talks with Gold Miners over More Taxes

Ghana is in talks with gold miners in the country, Africa's second-biggest producer, over additional taxes so as to benefit from the soaring price of the precious metal, the government said on Tuesday.
Shoppers cart their purchases from a Wal-Mart store in Alexandria, Virginia

S.Africa union wants Wal-Mart to boost supply fund

Wal-Mart and Massmart should increase their planned fund to support South African suppliers to at least 500 million rand from 100 million rand, the country's largest service industry union said on Monday.
Jurgen Klinsmann

Kicking it Under Klinsmann: U.S. Soccer Team Records First Win Under German

The U.S. men's soccer team has, finally, recorded its first win under new coach Jurgen Klinsmann. Clint Dempsey (who plays with Fulham Football Club in England's Premier League) scored on 36 minutes, in an exhibition match against the Honduras on Saturday, to hand Klinsmann his first win in his fourth game in charge of the U.S. national team.
Tutu

S.Africa's Tutu fetes 80th birthday amid controversy

South African peace icon Archbishop Desmond Tutu celebrated his 80th birthday on Friday in the church where he preached against apartheid, just a few days after saying the former liberation movement now in government was in some ways even worse.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.