Shapi Shacinda

Sanlam, South Africa’s largest insurer, objected on Friday to a proposed R9,1-billion empowerment deal by ArcelorMittal.

Eskom has increased a disputed wage offer to workers in a move that may end a deadlock and avoid a potential strike.

Electricity workers gave mediators three more days on Friday to resolve a pay dispute with employers and avert power cuts during the World Cup.

ArcelorMittal SA faces a possible investigation by competition authorities after fruit canners complained about excessive prices.

Some Western donors may withhold key financing for Zambia’s 2010 budget owing to claims the government is being soft on corruption, officials said.

Mini hydro plants could be the answer to a lack of power in rural Africa, industry officials say.

The Doha round of global trade talks could be concluded within eight months, the head of the WTO said on Tuesday.

Zambia has asked Glencore International AG to surrender to the government two mining units it plans to temporarily shut down.

Zambian opposition leader Michael Sata on Friday launched a court challenge to demand a recount of the vote in the presidential election.

Zambia’s opposition Patriotic Front will launch a court challenge on Tuesday to demand a vote recount after Rupiah Banda was sworn in.

Rupiah Banda, a pro-business centrist, was sworn in as Zambia’s president on Sunday after a narrow election win.

Acting leader Rupiah Banda is likely to be declared the winner of Zambia’s presidential election on Sunday.

Opposition leader Michael Sata was still leading on Saturday in Zambia’s polls, but acting President Rupiah Banda appeared to be narrowing the gap.

Zambian opposition leader Michael Sata has drawn ahead of acting President Rupiah Banda in the presidential election.

Zambia and the Pan-African PTA Bank have agreed a ,2-billion deal to import 1,5-million tonnes of crude oil over two years.