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Glencore’s oil deal with ‘wrong side’

Glencore apparently agrees to buy up to half of Libya's oil exports from the western division of a national oil company, but inked the deal with the wrong people. ||| Johannesburg - Natural resources giant Glencore's reported deal to export Libyan oil is worthless, according to the internationally recognised government in Benghazi. Show More Summary

Delta mulls $124m property buy

Delta Africa Property Holdings is considering buying two properties in Mozambique and one in Zambia worth up to $124m. ||| Johannesburg - Delta Africa Property Holdings plans to further expand into Africa and is considering buying two properties in Mozambique and one in Zambia worth up to $124 million, it said on Friday. Show More Summary

ANC vote stirs debate over succession of South Africa's Zuma

JOHANNESBURG (Reuters) - A hotly contested party vote earlier this month has deepened divisions within South Africa's ruling African National Congress and stirred debate over President Jacob Zuma's successor.

Johnson Matthey to cut jobs

Johnson Matthey says, as a result of challenging conditions in several key markets, it has started a restructuring review. ||| Johannesburg - Johnson Matthey, the world's biggest maker of metal catalysts for car emission-control devices, will pay 305 million pounds ($466 million) to shareholders as a special dividend after selling two businesses. Show More Summary

Shareholders to vote on Lonmin rights issue

Lonmin shareholders will decide today whether to approve a deeply-discounted share issue. ||| Johannesburg - Lonmin shareholders will on Thursday decide whether to approve a deeply-discounted $407-million share issue, as the beleaguered platinum producer seeks cash to stay afloat. Show More Summary

South32 targets big return

South32 is focusing on increasing shareholder returns and not solely on raising output volumes. ||| Johannesburg - South 32 was focusing on increasing shareholder returns and not solely on raising output volumes, it said yesterday. The diversified metals and mining company was spun off from commodities giant BHP Billiton earlier this year. Show More Summary

52 Facts about Popular Cities

6 days agoHumor / odd : Neatorama

(YouTube link) Sit back and relax, because you’re about to learn a lot of new things about the big cities of the world. It’s the mental_floss List Show with John Green, from Helsinki to Johannesburg, from Shanghai to Hollywood. They even included Reykjavík, which only has about 122,000 people, but since it’s the capital of Iceland, it’s included as a city.

Lomu: beyond the rugby great

Jonah Lomu’s business skills were seemingly just as strong as his rugby talent - and he died with an estimated fortune of $20m. ||| Johannesburg - All Black great Jonah Lomu will live on in the minds of rugby fans around the world after...Show More Summary

Headwinds loom for Glencore

Further declines in the price of copper could undermine Glencore’s fightback, according to analysts. ||| Johannesburg/London - Further falls in copper prices might yet undermine the fightback mounted by mining and trading company Glencore after its shares tumbled to record lows this year, analysts said. Show More Summary

Celebrating South African Dinosaurs

Poster Celebrates  South African Dinosaurs Earlier this week, scientists from the Evolutionary Studies Institute of Witwatersrand University (Johannesburg) put on display the fragmentary fossils of a huge dinosaur which roamed South Africa. Show More Summary

Victims of Marikana shooting sue South Africa's deputy president

JOHANNESBURG (Reuters) - Victims of the violence involving police and striking miners at Lonmin's Marikana mine in 2012 have issued a court summons for Deputy President Cyril Ramaphosa, the presidency said on Thursday.

South Africa, U.S. close to meat trade resolution: Pretoria

JOHANNESBURG (Reuters) - South Africa and the United States are close to concluding discussions to settle a dispute over U.S. poultry and meat exports which threatens to dent trade and diplomatic relations between the two countries, Pretoria said on Thursday. Show More Summary

Rape and murder as gang attacks couples in South Africa park

last weekNews / Crime : NYPost: Crime

JOHANNESBURG — South African police say they have arrested a second man in connection with a shocking attack on two couples strolling in a Johannesburg park that left both men drowned and one woman raped. Provincial police spokesman Lt. Col. Lungelo Dlamini told the African News Agency on Thursday that a 22-year-old man was arrested...

Marikana victims' families sue South Africa's Ramaphosa: presidency

JOHANNESBURG (Reuters) - The families of 34 South African striking miners shot dead by police at Lonmin's Marikana mine in August 2012 have issued Deputy President Cyril Ramaphosa with a court summons for complicity in their deaths, the presidency said on Thursday.

Hypnotic street art hides a blue wildebeest’s head in Johannesburg

Artist r1 chose to hide the image of a blue wildebeest within Hidden Trophy because of the animal’s long-distance migratory patterns in East Africa. The distinctive African antelope symbolizes the migrations of individuals who flock to Johannesburg in search of a better life. Show More Summary

South African drought follows third-driest season in 80 years

JOHANNESBURG (Reuters) - The sugar-growing South African province of KwaZulu Natal is the driest it has been in over a century, according to data provided on Tuesday by the South African Weather Service, underscoring the scale of a drought scorching Africa's most advanced economy.

Heat wave to persist this week over South African maize belt

JOHANNESBURG (Reuters) - Heat-wave conditions that are scorching much of South Africa's maize-growing areas are expected to persist until Friday or Saturday, the South African Weather Service said on Tuesday.

Starbucks ‘denies the hope of Jesus Christ’

Outrage has boiled over after Starbucks went with a minimal design for its traditional festive season cups, angering Christian evangelists. ||| Johannesburg - Outrage has boiled over after Starbucks went with a minimal design for its traditional festive season cups, angering Christian evangelists. Show More Summary

Lonmin prices rights issue at 94% discount

Platinum producer Lonmin will sell 27 billion shares at a significant discount to its shareholders. ||| Johannesburg - Platinum producer Lonmin on Monday priced its $407 million rights issue at a 94-percent discount as the firm fights for survival in the face of depressed commodity prices. Show More Summary

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