SOUTH AFRICA

Electricity

S.Africa confident green energy bidding to succeed

South Africa is confident that a recently launched bidding process for renewable energy will lead to the addition of 3,725 megawatts (MW)of green energy to the national grid by 2016, despite previous delays, a senior government official said.

BRICS give lukewarm response to Brazil euro plan

Brazil's proposal to support the crisis-hit euro zone garnered only lukewarm support from fellow BRICS countries on Wednesday, as doubts mounted whether the five emerging market powers have the political will or financial clout to throw a lifeline to Europe.
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Zuma and Mogoeng

South Africa's Zuma Appoints 'Rapist Lenient' Judge

South African President Jacob Zuma appointed evangelical pastor Mogoeng Mogoeng to the Chief Justice position on Thursday. But, the choice of Mogoeng, who will now hear the country's Constitutional Court, has already sparked fury in some South Africans.
US team celebrates after winning the men's 4x400 metres relay final at the IAAF World Championships in Daegu

Virginia shuffle Helps America to Relay

LaShawn Merritt performed the Virginia Shuffle before storming down the final 100 meters to overhaul his Jamaican and South African rivals and win the world 4x400 meters relay title for the United States on Friday.
Sheets of palladium

3 Reasons to Invest in Palladium

The value of palladium, the least known of the world's four major precious metals, is set to rise this year, perhaps more sharply than its more popular cousins.
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Endeavour Mining Buy of Adamus Resources Done by November

Australia's Adamus Resources said on Thursday it expects a friendly takeover by Canada's Endeavour Mining Corp to be completed in early November, creating a West Africa-focused company producing a quarter million ounces of gold annually by 2013.
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Gold One Aims to Double Gold Production

Australia-based gold mining company Gold One International Ltd., which operates in South Africa, said Wednesday it expects to meet its goal of doubling its gold production this fiscal year.

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