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Reuters

SA stocks surge to fresh peak on miners

8th May 2007 South African stocks marched to another record peak on Monday as buoyant metals prices lifted mining firms like Anglo Platinum while speculation of merger activity kept other shares on the boil. 

MTN boosts subscribers on Iran launch

3rd May 2007 Sub-Saharan Africa's biggest cell phone operator, MTN, reported an 11% rise in quarterly subscribers on Thursday thanks to strong growth in Nigeria and the launch of a network in Iran. But while the subscriber figures beat market expectations, investors sold the stock after MTN said average... 

Carbon market tripled in 2006 - World Bank

2nd May 2007 The global carbon market last year tripled to $30-billion from $11-billion in 2005, the World Bank's carbon finance unit said on Wednesday. 

Wolfowitz, Riza to address World Bank panel Monday

30th April 2007 World Bank President Paul Wolfowitz and his bank-employed girlfriend will appear before a special panel on Monday to discuss a promotion and raise he arranged for her that has sparked calls for his resignation. "He will be appearing on Monday morning and making a full presentation to the... 

Madagascar sees mining, oil revenues rising

30th April 2007 Mining will earn Madagascar's government at least $77,5-million a year by 2011, a presidential adviser said on Saturday. 

Zimbabwe inflation jumps, interest rates rise

26th April 2007 Zimbabwe's annual inflation jumped to a record 2 200 percent in March, central bank Governor Gideon Gono said on Thursday as the country's economic and political crisis deepened.  

Nigeria cuts transactions costs by 40%

26th April 2007 Nigeria has slashed transactions costs on bonds and equities by 40 percent in both primary and secondary markets to promote competitiveness, the Securities and Exchange Commission said on Thursday.  

Copper nears 7-month high on supply worries, China

20th April 2007 Copper surged close to its seven-month high on Friday, fuelled by expectations that a robust Chinese economy will boost demand for base metals and on further supply tightness looming in Indonesia.  

Telkom aims to launch pay-TV next year

20th April 2007 South Africa's Telkom Media, majority owned by fixed-line phone operator Telkom, hopes to launch a cheap pay-TV service to rival Naspers' monopoly, the company said on Friday. 

Trinidad signs chemical plant deal with SA Isegen

20th April 2007 Trinidad and Tobago's state-owned National Gas Co. and National Energy Corp. have signed a memorandum of understanding with Isegen South Africa (Pty) Ltd. to build a $64-million maleic anhydride processing plant in the Caribbean nation, the gas company said on Thursday. 

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