SOUTH AFRICA

Libyan protests

Khamis Gaddafi Recruits Mercenaries to Shoot Protestors

Khamis Gaddafi, a son of Libya ruler Moammar Gaddafi, recruited French-speaking Sub-Saharan African mercenaries to shoot live rounds at pro-democracy protesters, reported Al Arabiya, citing sources in the city of Benghazi.

Mondi FY profit jumps, sees price hikes

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South African papermaker Mondi posted a fourfold surge in annual profit, helped by recovering demand for paper and packaging, and said it would hike prices to cushion the impact of rising costs.

Truworths boosts H1 profit, mulls share buybacks

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Truworths, South Africa's biggest listed clothing retailer, posted a 19 percent rise in first-half profit as lower interest rates boost consumer spending and said it was considering M&A or buying back shares.
Striking truck drivers march through the streets of Johannesburg

S.African truckers end week-long strike

South African truckers ended their week-long strike on Monday after accepting an above inflation salary increase of 9 percent, union officials and employers said.
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Zimbabwe's prime minister, Morgan Tsvangirai

Zimbabwe police seize Tsvangirai's cars

Zimbabwean police have seized cars belonging to Prime Minister Morgan Tsvangirai's official escort and arrested his drivers for possessing beacon lights usually found on police vehicles, their lawyer said on Tuesday.

China trade surplus shrinks, supports government's G20 case

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
coal

Anglo Coal says prices too high for expanding

Anglo American's thermal coal unit is keen to expand its operations in South Africa and beyond, but is waiting for price of acquisitions to come down first, the unit's head said late on Wednesday.
Mugabe to run in 2011 polls

US says alarmed by Zimbabwe political violence

The United States on Thursday condemned a recent spate of violence in Zimbabwe and blamed President Robert Mugabe's party for the attacks, which are heightening tensions ahead of possible elections this year.

S.Africa state coal firm to open in Feb: official

A state-owned South African mining company likely to focus on coal and uranium will be up and running by the end of February, but much of its work will be farmed out to private firms, a senior official said on Tuesday.
Job seekers

S.Africa to unveil R10 bln job fund: Mantashe

South Africa intends to create a 10 billion rand fund to tackle massive unemployment in Africa's biggest economy, the ANC's Secretary General Gwede Mantashe told Reuters on Tuesday.
Susan Shabangu

S.Africa minister sinks mining nationalisation idea

Nationalising South Africa's mines is not the option, mines minister Susan Shabangu said on Tuesday in her strongest comments in a year against an idea that has unnerved investors in Africa's biggest economy.
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Harmony doubles earnings as gold shines

Harmony, the world's fifth-largest listed gold miner, said October-December headline earnings per share totaled 69 cents, compared with 33 cents in the previous three months, boosted by record gold prices and said it was on track to meet its long-term production targets.
Special Report: Why South African mining's in decline

Harmony doubles Q2 earnings as gold shines

South Africa's Harmony Gold more than doubled its second-quarter earnings on Monday, boosted by record gold prices and said it was on track to meet its long-term production targets.
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Botswana-Namibia coal rail link work to start 2012

Construction of a railway line connecting Botswana's Mmamabula coal field with the Namibian port of Walvis Bay, pegged at up to $9 billion, is expected to start in 18 months, a government official said on Friday.
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Namibia to oppose S.Africa customs shake-up plan

Proposed changes to revenue sharing within the Southern African Customs Union (SACU) are unacceptable because they place an unfair burden on its poorer members, a senior Namibian official said on Friday.
A Haitian man walks next to posters of Haiti's presidential candidate Mirlande Manigat in Port-au-Prince

Haiti, pressured, sets revised presidency runoff

Haiti on Thursday heeded foreign pressure and amended the results of its November first-round elections, setting up a presidential run-off excluding a government-backed candidate hit by fraud allegations.
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South Africa farmers oppose Shell's shale gas plans

Royal Dutch Shell is facing opposition to its plans to seek shale gas in South Africa's semi-desert Karoo region, as farmers fear methods used to extract it will contaminate water and harm the environment.
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S.Africa customs shake-up to hit neighbours

The Southern Africa Customs Union (SACU) is considering a major overhaul of revenue-sharing that will see South Africa keeping a far bigger slice of pooled customs receipts, according to a policy document.
A Haitian man walks next to posters of Haiti's presidential candidate Mirlande Manigat in Port-au-Prince

Haiti awaits vote results, Aristide backers protest

Supporters in Haiti of exiled former President Jean-Bertrand Aristide demonstrated for his return on Wednesday as the country nervously waited to hear who would contest the presidency in a March run-off election.

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