SOUTH AFRICA

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.

EuroZone Crisis Dominates G20 Paris Meeting

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The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.
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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.
South African rands

S.Africa's rand slides vs dollar, bonds fall

South Africa's rand fell as much as 2 percent against the dollar on Tuesday, breaching 8.0 in thin volumes that exaggerated its moves, before clawing back ground as some players found themselves oversold on the currency.
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.
A security guard walks past a shipment of copper in a file photo.

Zambia lifts metal exports ban after two days

Zambia has lifted a ban on metal exports, just two days after imposing it to sort out irregularities and increase transparency in Africa's top cooper producer, a minerals ministry official said on Thursday.

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