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Jacob Zuma

Nelson Mandela Dies Aged 95

Nelson Mandela, the anti-apartheid activist who became president of South Africa, died at the age of 95, the South African government announced Thursday. "Our nation has lost its greatest son," South African President Jacob Zuma said in a televised address. "Nelson Mandela brought us together, and it is together that we will be bid him farewell."Copyright © 2013 MarketWatch, Inc....

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  1. Harmony Gold Closes South Africa Gold Mine Due to Labor Unrest

    Harmony Gold Mining Co. (HAR.JO) said Thursday that it has closed it Kusasalethu mine in South Africa a day earlier than planned for the festive holiday season after...

  2. France's Alstom Secures $5.8 Billion South Africa Train Contract

    French power and transport engineering company Alstom SA (ALO.FR) Wednesday secured a $5.8 billion contract to refurbish South Africa's passenger rail company with a...

  3. South Africa gold workers to return after bonus spat

    Striking miners at AngloGold Ashanti will return to work on Sunday at two mines where operations were suspended this week in a dispute over bonus payments, the world...

  4. South Africa mine tensions rumble on, sit-in at AngloGold

    AngloGold Ashanti suspended operations at one of its South African mines on Friday, a sign that labor tensions continue to bubble in the sector despite the official ...

  5. South African mine strikes wind down with Amplats deal

    Workers have reached a deal with Anglo American Platinum to reinstate 12,000 miners sacked for an illegal strike, which could end the last big industrial action that...

  6. South African mine strikes ease with deal at Amplats

    Striking workers have reached a deal with platinum giant Anglo American Platinum (Amplats) to reinstate 12,000 miners sacked for an illegal strike, which could end t...

  7. Finance Minister Sees South Africa GDP Growing 2.5% in 2012

    CAPE TOWN, South Africa--Bruised by weak global growth and battered by domestic labor turmoil, South Africa's economy will expand just 2.5% this year, Finance Minist...

  8. Wildcat strikes up stakes in South Africa labor game

    IKANINI, South Africa (Reuters) - The rules of the game in South Africa's labour market have changed and the new players are workers such as Tshepo Modise and Thulan...

  9. Anglo Platinum Dismisses 12,000 Workers as Strikes Continue

    Anglo American Platinum Ltd. (AMS.JO), the world's largest platinum producer, dismissed half of its employees at its Rustenburg mines Friday due to an ongoing unauth...

  10. South Africa strikes hurt rand as bond boost wears off

    South Africa's rand sank this week to within sight of three-year lows against the dollar as a wave of strikes spread beyond the mining sector, threatening the bigges...

  11. Platinum ETFs Fall On Strike News

    Shares of the ETFS Physical Platinum Shares (NYSE:PPLT), the largest ETF backed by physical holdings of the precious metal, are down 2.5 percent today on news that s...

  12. South Africa Gold Strikes Spread, 4 Protesters Hospitalized

    Gold One International Ltd. (GDO.AU) said four protesters were treated at a hospital for injuries Monday after its security guards fired rubber bullets and police fi...

  1. Lonmin South Africa workers strike, raising fears of unrest

    MARIKANA, South Africa (Reuters) - South African workers at the world's No. 3 platinum producer Lonmin launched a wildcat strike on Tuesday, halting all mine operati...

  2. BRICS "Big Five" find it hard to run as a herd

    DURBAN, South Africa (Reuters) - At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations - Brazil, Russia, India, China and South Africa -...

  3. BRICS Agree to $100 Billion Reserve Fund

    The BRICS club of emerging markets on Wednesday said they will pool $100 billion of central bank reserves to guard against future economic crises in a bid to bolster...

  4. South African Budget Deficit Hurts Investment Plans

    South Africa's finance minister Wednesday reaffirmed plans to build new infrastructure and find work for disenfranchised youths, even as he acknowledged that a weak ...

  5. Mamphela Ramphele Launches New Political Platform in South Africa

    Former anti-apartheid activist Mamphela Ramphele launched a new political platform Monday to fight endemic corruption and growing inequality with a view of forming a...

  6. Amplats makes first annual loss, risks more labor strife

    Anglo American Platinum (Amplats) warned on Monday of growing labor unrest as the world's largest producer of the precious metal cuts back operations in an attempt t...

  7. Amplats talks with South Africa government "constructive"

    Anglo American Platinum Ltd has had "constructive" consultations with the South African government about a company restructuring that could lead to 14,000 job cuts, ...

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