SOUTH AFRICA

S.Africa's rand headed for firm close, bonds rally

South African Rand
The rand reversed earlier losses against the dollar on Tuesday and looked set to close stronger in New York for the first time in three days as optimism that countries in the euro zone are dealing with their debt problems boosted overall risk sentiment.
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Europa finds buyers at American Film Market

Europa, a suspense drama about astronauts from different countries who head to the frigid glacial moon of Jupiter, has found a warm reception at this year's American Film Market, selling in 12 territories so far.
Mineworkers

Chinese firms abusing Zambian miners: rights group

Chinese mining companies in Zambia, Africa's biggest copper producer, are routinely flouting laws designed to protect workers' safety and the right to organise, Human Rights Watch (HRW) said on Thursday.
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Android phone repair cost telcos billions: study

Fitting older versions of Google's Inc popular Android software to cheaper cellphones could send the repair costs of global telecoms operators up as much as $2 billion, a study by wireless services firm WDS showed.
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SAfrica's Altech in talks for $60m Kenya firm -source

South Africa's Allied Technologies Ltd is in talks to pay up to $60 million for unlisted Kenyan IT firm Symphony, according to a person familiar with the matter, to help revive its struggling business in fast-growing east Africa.
Mine workers is seend underground in Modderfontein east mine, outside Johannesburg

Congo's Gecamines refuses to publish mining contracts

Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts, saying it cannot do so without the permission of firms involved, according to a letter from Gecamines published on the ministry website.
Bullion from American Precious Metals Exchange

Harmony Gold's Quarterly Earnings Soar Three-fold

Harmony Gold, South Africa's third-largest gold producer, posted a more than three-fold increase in quarterly earnings on Monday, beating expectations as bullion's record run and a weaker rand combined to lift its profits.
Gaddafi's sons

ICC warns Libya's Saif al-Islam against fleeing

The International Criminal Court said on Saturday Saif al-Islam Gaddafi was in contact through intermediaries about surrendering for trial, but it also had information mercenaries were trying to spirit him to a friendly African nation.
Congo

Congo election campaign kicks off

Election campaigning began in the Democratic Republic of Congo on Friday and organisers said the polls will go ahead on November 28 despite concerns over whether preparations have been adequate.
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South Korea's Noh Sizzles as McIlroy Leads in Shanghai

South Korean youngster Noh Seung-yul overcame an injured ankle to hit a bogey-free round of 63 to trail U.S. Open champion Rory McIlroy by two strokes at the halfway stage of the $5 million Shanghai Masters Friday.
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Japanese Factory Output Posts First Post-Quake Slump

Japanese factory output fell in September for the first time since the devastating March earthquake, a sign the economy's recovery from the disaster is tailing off in the face of slowing global growth, the strong yen and Europe's lingering debt woes.

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