SOUTH AFRICA

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.

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 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.

What appears to be an artist's workshop was uncovered in South Africa and scientists think it's one of the oldest found examples of art.

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.

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.

A new discovery in South Africa has suggested that early Homo sapiens might have used paint kits as 100,000 years ago in order to make, mix and store ochre - the ancient form of paint. However, there has not been any solid evidence of what they used the paints for.

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.

Researchers have discovered a 100,000-year-old workshop in South Africa, which may have been used by early Homo sapiens in order to make, mix and also to stock up ochre - the most primitive form of paint.

South Africa's rand turned weaker against the dollar in late Johannesburg trade, giving back earlier slight gains as fears of trade wars between China and the United States rattled investors already jumpy over European debt woes.

Violence and the threat of worse violence has idled a major gold exploration project in a highly prospective area of the central Asian republic of Kyrgyzstan.

South Africa could use its foreign exchange reserves if necessary to relieve market stress caused by global turmoil, Finance Minister Pravin Gordhan said on Wednesday.

A British government minister sharply criticised Zimbabwean President Robert Mugabe on Tuesday and said it would be premature for Commonwealth leaders to hold out an olive branch to Zimbabwe when they meet later this month.

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.

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.

The cyclist who was hit by an antelope while mountain biking on a South African game reserve speaks out about the incident.

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.

A struggling South African textile union may be changing the way labour is priced in Africa's largest economy by offering massive wage reductions to unskilled workers to create jobs and save a dying industry.

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.

Watch this viral BuckNorris video of a mountain biker attacked by an antelope while racing in South Africa.

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.