SOUTH AFRICA

South Africa's Mbeki visit Mugabe Ahead of Election

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Just two weeks ahead of Zimbabwe's run-off election, President Thabo Mbeki of South Africa met with President Robert Mugabe in what appeared to be a last-minute effort to avoid any tampering to the ballot in an election already marred by violence and intimidation.
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Why Gold is a religion for many people

By Jon NadlerA mild recovery in prices on the back of $117+ oil and a once again declining dollar overnight helped bring gold back to the $920 area after last Friday's rout.
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China Likely to Outpace US by 2025

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.
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AGC takes 29.04% stake in Aflease Gold

Commodity Online JOHANNES BURG: African Global Capital on Sunday announced its first investment by taking stakes of nearly 30 percent in Aflease Gold, according to South Africa s Business D...
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Gold's surge continues as dollar falls

Commodity Online TOKYO: Gold prices continued to gain on oil s surge along with a weak US dollar as banks investors and speculators began to purchase the yellow metal heavily.Gold futures...
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No global warming: Charcoal fuels 80% of Africa

Commodity Online It is 21st century and do you know what is the main fuel for several African nations now? It is charcoal.Maybe, a shocking news for environmentalists and people who are b...
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Gold platinum surge ahead of US report

Commodity Online NEW YORK: Gold prices also went up ahead of a US employment report and recorded well above $ 900 an ounce in New York on Wednesday.The precious yellow metal rose to $US90...
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Gold on the roll platinum gains

Commodity Online NEW YORK: Gold bounced back to the top and extended gains on Tuesday as investors began shifting some money back into it.
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Two concepts of 'inflation'

By David GallandWhile almost everyone sees price inflation when it happens, few people notice the monetary inflation that is causing it.
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US gold scores $1,000 record high as dollar sinks in NY

Gold futures in New York surged above the historic $1,000 an ounce benchmark on Thursday, led by a combination of a weakening dollar, soaring crude oil prices and strong investment demand, prompting investors to enter the bullion market. Silver and platinum also gained.
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Gold, platinum Fall as Investors Cash In

Gold futures dropped sharply Tuesday, as traders cashed in recent gains after the metal's surge to a record high in the previous session, while platinum surged close to $2,300 an ounce.
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U.N. council set to approve new Iran sanctions

The U.N. Security Council is expected to adopt a third round of sanctions against Iran for its nuclear program on Monday, but diplomats said this might be the first round that is not approved unanimously.
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U.N. council expected to vote Saturday on Iran

The U.N. Security Council is expected to vote this weekend on a resolution imposing a third round of sanctions on Iran over its nuclear program, Western ambassadors said on Thursday. We thought it was perfectly reasonable to (finalize the resolution) tomorrow and to vote on this important issue on Saturday, said U.S. Ambassador Zalmay Khalilzad.
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Mandel packs briefcases for Deal world tour

With the highly rated Million Dollar Mission episodes of Deal or No Deal having concluded Monday, NBC is brewing another stunt for its stalwart game show: an around-the-world tour.
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From tips to clicks: restaurants try e-menus

Enter the e-waiter. Restaurants in Europe, the United States and Japan are testing technology to let diners order their food direct from a screen at their table instead of depending on a fellow human being to note their choice -- sometimes grumpily or erroneously.
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Platinum hits historic highs before steadying

Platinum powered to an historic high near $2,200 an ounce on Friday as supply problems in top producer South Africa triggered speculative buying, but erased gains later on profit-taking.
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Platinum Spikes on Weak Dollar

Platinum soared Thursday after a drop in the dollar drove traders to shift funds into hard assets as safe-haven investments. Gold and silver also hit records.
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Gold, Platinum Break New Records: Dollar Weakens

Gold futures rose to a new record of $958.40 an ounce on Thursday on a weakening dollar which boosted the metal's appeal as an inflation hedge. Platinum and silver also hit new record highs.
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Platinum falls 3 percent on profit-taking

Platinum ended a record-setting streak on Wednesday after 14 straight days of gains as profit-takers stepped in, but analysts said it was likely to recover after a pause because of persistent supply problems.
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Platinum's Record High's Continue, Gold Gains Nearly 3%

Gold futures rallied near 3 percent on Tuesday, gaining the most in almost seven weeks on speculation of a weaker dollar while platinum surged more than 4 percent to another record high of $2,174 on persisting stockpile concerns from South Africa, the metals top producer.

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