Jack Kim

The chief executive of AngloGold Ashanti said the world's No. 3 gold producer could employ deep-mining technology under development in South Africa in other countries, with future ore discoveries expected to be far below the surface.

SABMiller's Zimbabwe unit registered a 46 percent increase in earnings in the half-year to September, driven by strong beverage sales growth as the country's economy continues to recover.

South African stocks posted their biggest one-day loss in five weeks on Wednesday, dropping 2.3 percent as fears about the outlook for Italy's debt crisis pushed investors to sell off recent gainers such as miners and banks.

South African assets fell on Wednesday when investors were spooked by a ratings outlook downgrade of the domestic economy, which added to market fears over the euro zone debt crisis.

South Africa's ruling ANC will announce on Thursday the verdict of a disciplinary hearing that could derail the political career of its outspoken youth leader Julius Malema.

Niger's army has clashed with a heavily armed convoy of vehicles that entered its territory from Libya, killing 13 in the convoy and suffering one casualty on its side, military sources in the West African country said on Wednesday.

Opposition lawmakers in Angola walked out of a parliamentary debate on Wednesday, delaying the vote on a law they say will give the ruling MPLA excessive control over a general election next year, state news agency Angop reported.

Gunmen shot dead a Somali lawmaker in Mogadishu on Wednesday, a day after al Qaeda-linked rebels killed at least two people in a series of grenade attacks and said they would step up assaults in the capital.

Political manipulation of Congo's security forces has brought crackdowns on opposition parties and may lead to bloodshed in this month's election, the United Nations said in a report on Wednesday.

Liberia's main opposition candidate said he might seek the annulment of a presidential run-off boycotted by his supporters, raising the prospect of confrontation in a country recovering from civil war.

The Kenyan shilling gained against the dollar on Tuesday aided largely by banks selling greenbacks as high interest rates squeezed shillings out of the market, while stocks edged lower in thin volumes.

Junior South African miner Village Main Reef has expressed interest in buying DRDGold's interest in its troubled Blyvoor mine for 150 million rand, the two companies said on Tuesday.

The top price for Kenyan benchmark grade AA coffee jumped to $630 per 50-kg bag at Tuesday's auction from $514 at the last sale two weeks ago, the Nairobi Coffee Exchange said.

Africa's biggest hospital group by value, Mediclinic International, reported 10.7 percent rise in first-half profit as strong demand and favourable currency swings helped offset the dilutive effect of a rights offer.

Nairobi Securities Exchange has launched two stock indexes in conjunction with FTSE Group, and said on Tuesday it planned to start one for Treasury bonds next year.

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.

South African stocks inched to their highest close in seven sessions on Tuesday, rising 0.5 percent as banks and retailers rose on hopes a budget vote in Italy could help move the euro zone closer to resolution of its debt crisis.

Standard Bank Group said on Tuesday it hopes its non-disclosed investment in solar lamp projects in the Asia-Pacific region will generate millions of U.N.-backed emissions offset credits for its carbon portfolio.

Tanzania has arrested 20 suspected army deserters from the Democratic Republic of Congo (DRC) after they illegally entered the western port town of Kigoma, the Tanzanian army said on Tuesday.

A Tunisian court ruled on Tuesday that the man who served as prime minister under Libya's former leader Muammar Gaddafi should be extradited to Libya.

Suspected Somali gunmen attacked a police station and a government vehicle in northern Kenya late on Monday, the latest in a series of assaults on Kenya since it sent troops to fight Somalia's Islamist rebels.

Nigeria's police said on Tuesday they had arrested suspected members of an Islamist sect behind coordinated attacks in the north of the country that killed at least 65 people late last week.

Gunmen have killed an international peacekeeper in Sudan's war-stricken Darfur region and wounded two others, the region's African Union-United Nations peacekeeping force said on Tuesday.

Many Liberians failed to vote in a presidential run-off on Tuesday, poll observers said, some people staying away for fear of further violence and others following an opposition boycott appeal.

Kenya Airways used fuel hedges to protect its bottom line from an escalation in direct costs in its first-half ended September, it said on Thursday, as it prepares to raise funds to finance its expansion.

Egypt's net foreign reserves slid by $1.93 billion last month, their worst drop since April, as investors dumped more treasury bills and other assets because of uncertainty over a peaceful transition to civilian rule, analysts said.

South Africa's rand firmed against the dollar on Thursday as Greek government plans for a referendum on a sovereign bailout appeared to unravel with the expected collapse of the government.

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.

The Democratic Republic of Congo could offer up to 10 blocks in a new onshore hydrocarbon bid round possibly launched next year, a senior government official said on Thursday.