Wildcat strikes in the platinum belt have entered a sixth week with no resolution in sight and investors are beginning to grow concerned.
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/ 16 September 2010
Nationalising South Africa’s mines was not part of government policy, the country’s finance minister said on Thursday.
The African National Congress does not expect its labour ally, Cosatu, to embark on strike action during the Soccer World Cup.
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/ 9 November 2009
Emerging economies, smarting under rampant currency appreciation, are finally daring to join a chorus of protests against China’s weak yuan.
Europe faces at least another year of economic difficulties and there are signs at best of stabilisation rather than recovery, leaders said on Friday.
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/ 19 October 2006
Recent financial-market turmoil will not impact South Africa’s Baa1 credit rating, which is backed by low external debt ratios and solid fiscal position, Moody’s analyst Kristin Lindow said on Thursday. Lindow said the rating had already taken into account potential exchange-rate volatility and a wide current-account deficit.
Oil prices jumped on Monday after a suspected terror attack on a tanker off Yemen raised tensions on world markets already fretting about the possibility of an assault by the United States on Iraq.