SOUTH AFRICA

South African Rand

S.Africa's rand off two-week low, bonds gain

South Africa's rand ended the week with its biggest loss in a month on Friday but had bounced from two-week lows on hopes that European leaders were close to a deal that will recapitalise banks and stop the debt crisis from spreading.
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S.Africa to put emission caps on top polluters

South Africa plans to place limits for carbon emissions on top polluters who may face penalties if they do not conform to the new regulations, a climate policy paper showed on Tuesday.
Angola's President Jose Eduardo dos Santos talks to journalists after a signature agreement ceremony held at Sao Bento Palace in Lisbon, Portugal

Angola sees 2011 GDP growth lower than expected

President Jose Eduardo Dos Santos cut Angola's growth forecast for 2011 to 3.7 percent on Tuesday due mainly to lower crude production but the economy should bounce back with a 12 percent expansion next year.
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.
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S.Africa stocks up, Telkom boosted by deal talk

South African stocks rose more than 1 percent on Friday, capping their best weekly performance in six weeks, as shares of Kumba Iron Ore and other resource firms gained after data from China boosted hopes of greater demand from the country.
Rand

S.Africa's rand heads for weekly gain, bonds mixed

South Africa's rand edged higher against the dollar on Friday and was on track for a weekly advance of more than 1.6 percent, with the market trusting the authorities will more likely act to support the currency, than let it depreciate.
Gold bars are displayed at South Africa's Rand Refinery in Germiston

S.Africa mulling own metals exchange

South Africa is looking at establishing its own metals exchange as part of a wider government plan to extract more value from the country's huge mineral wealth, much of which is exported as ore rather than being refined and processed locally.
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.

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