SOUTH AFRICA

Resource nationalism is biggest risk to miners: report

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Resource nationalism is the biggest threat facing the mining sector this year and next as governments seek to take advantage of higher commodity prices to try to restore fragile finances, advisory and accountancy firm Ernst & Young (E&Y) said on Sunday.
Striking rail and port workers demanding a 15 percent increase in salary

S.Africa mines union considers new Implats pay offer

South Africa's National Union of Mineworkers said on Thursday Impala Platinum had improved its wage offer in a bid to avert a strike which could impact production at the world's second-largest producer of the precious metal.
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Oprah Winfrey

Oprah Winfrey to Receive Humanitarian Oscar

The Academy of Motion Picture Arts and Sciences announced on Tuesday that Oprah Winfrey along with James Earl Jones and makeup artist Dick Smith will be honored with Oscar.
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Shark Week 2011: How You Can Celebrate

For all you Discovery Channel enthusiasts out there, Shark Week 2011 is finally up on us! In honor of our toothy friends, we've come up with our own ways you can celebrate television's scariest week.
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Europe woes could hit S.Africa bonds, raise

The debt crisis in Europe, which holds around 35 percent of South African government debt, could hit local bonds if it worsens, pushing yields higher than expected, Treasury Director-General Lungisa Fuzile said on Monday.
South Africa's President Jacob Zuma gives a statement after meeting with Libyan leader Muammar Gaddafi at Gaddafi's Bab al-Aziziya residence in Tripoli April 10, 2011.

S.Africa may reopen arms deal probe, pressuring Zuma

South African police may reopen a corruption probe into a multi-billion dollar arms deal involving several companies and high profile officials including President Jacob Zuma to see if charges can be instituted a decade after the transaction.
A gold bar carrying the Euro sign

Gold firms a touch, eyes on debt talks

Gold firmed a touch on Thursday, lifted by concerns over a potential U.S. debt default as lawmakers in Washington argued over deficit-cutting measures, and lingering fears that the euro zone debt crisis could spread.
Shopping carts are seen outside a new Walmart Express store in Chicago

African Unions to Team up Against Wal-Mart

A global labor federation plans to bring African unions together to battle the expansion of U.S. retailer Wal-Mart on the continent, a senior group member said on Wednesday.
An employee holds a gas pump to refill a car at a petrol station in central Seoul April 6, 2011.

S.Africa's Mediator Sees Possible End to Fuel Strike

Striking workers in South Africa's petroleum sector are discussing a revised wage offer to end a three-week-old walkout as stoppages spread to the vital mining sector, threatening supplies of coal and gold.
ArcelorMittal

ArcelorMittal South Africa H1 dives, sees tough Q3

Higher input costs and a strong rand led to a 63 percent drop in ArcelorMittal South Africa's first-half profit and the steelmaker forecast a difficult third quarter on Wednesday, sending its shares to a 28-month low.

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