SOUTH AFRICA

Zambia's Mining Royalties Could be Cut

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Zambia, which said last month its 2012 budget would hike mineral royalties, could cut back those rates if commodity prices collapse next year, the mines minister in Africa's top copper producer said on Friday.

Virender Sehwag Breaks Mentor Sachin Tendulkar’s Record

Virender Sehwag
Sachin Tendulkar stepped on a plane on Thursday as the proud owner the highest individual score in 50-over cricket but will land on Australian soil to find that he has been robbed of the record by his one-time protege Virender Sehwag.
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Gay Pride South Africa

Nigeria Seeks to Criminalize Homosexuality

Same-sex marriages and homosexual activities were officially banned by the senate in Nigeria on Tuesday, placing criminal penalties of up to 14 years in prison on same-sex relationships.
Climate Change Conference in Durban

U.N. Climate Talks Unlikely to See Renewal of Koyto Protocol

At stake is the possible dissolution of the Kyoto Accord, whose commitment period expires in 2012. Japan and Russia announced last year in Cancun they are against any extension or renewal of the accord if big green house gas emitters like the United States and China are excluded.
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Canada won't confirm it's withdrawing from Kyoto

Canada dismissed the Kyoto Protocol on climate change on Monday as a thing of the past, but declined to confirm a media report it will formally pull out of the international treaty before the end of this year.
President of Belarus Alexander Lukashenko

In a Close-knit World, Frontier Debt Loses Out

The escape route from risky peripheral euro zone debt into higher-yielding emerging markets is becoming increasingly tortuous, as the debt crisis marries the performance of all assets closer together.
Anti-government protesters pray next to the bodies of people who were among the Sunni Muslims killed on Wednesday, in Hula near Homs November 2, 2011.

Arab League Prepares Plans for Sanctions Against Syria

Arab officials will prepare plans for sanctions against Syria on Saturday over its failure to let Arab League monitors oversee an initiative aimed at ending a violent crackdown on protesters seeking an end to President Bashar al-Assad's rule.
Ravichandran Ashwin

Ashwin Lifts India After Tendulkar Agony

Sachin Tendulkar fell agonisingly short of his 100th international century again but off-spinner Ravichandran Ashwin lifted India's spirits with his maiden ton as the hosts were all out for 482 in the final test against West Indies on Friday.
South African Rand

S.Africa's rand hits 30-mth low, bonds weaken

South Africa's rand tumbled to its weakest level since May 2009 against the dollar on Wednesday, with market players seeing further losses as investors dump risky assets on worries that euro zone leaders are not getting to grips with the debt crisis in their region.
South African Deputy President Kgalema Motlanthe

S.Africa direct exposure to euro zone crisis low: Motlanthe

South Africa's direct economic exposure to countries at the epicentre of the euro zone debt problems is low, but the risk of increased trade protectionism as a result of the crisis could harm local exports, Deputy President Kgalema Motlanthe said on Wednesday.

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