Reuters: Zimbabwe News

NEWSMAKER-Goodlace a calm hand for Implats tiller

Wed, 16 May 2012 13:47:19 +0000

JOHANNESBURG, May 16 (Reuters) - Impala Platinum's chief executive-in-waiting Terence Goodlace has plenty of experience operating in tough places, such as Democratic Republic of Congo.

African Markets - Factors to watch on May 16

Wed, 16 May 2012 05:52:04 +0000

NAIROBI, May 16 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: KENYA-The central bank offers 2 billion shillings of 182-day Treasury bills at auction. UGANDA-The central bank offers 120 billion shillings of Treasury bills at auction. TANZANIA-The central bank offers 30 billion shillings of 9.18 percent 5-year Treasury bonds at auction. GL

DIARY-Southern & South Africa to March 2013

Wed, 16 May 2012 05:00:01 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

Zimbabwe CPI quickens to 4.03 pct y/y in April

Tue, 15 May 2012 13:24:01 +0000

HARARE, May 15 (Reuters) - Zimbabwe's headline consumer inflation rate quickened to 4.03 percent year-on-year in April from 3.98 percent in March, the national statistics agency said on Tuesday.

African Markets - Factors to watch on May 15

Tue, 15 May 2012 05:09:35 +0000

NAIROBI, May 15 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - EVENTS: TANZANIA-Expecting April inflation data, year-on-year rate fell for third straight month in March to 19 percent. RWANDA-Expecting April inflation data, urban year-on-year rate rose to 8.18 percent in March. ZIMBABWE-Expecting April inflation data, rate slow

DIARY-Southern & South Africa to March 2013

Tue, 15 May 2012 05:00:01 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

UPDATE 2-Lonmin sticks to spending plans as profit tumbles

Mon, 14 May 2012 10:41:44 +0000

* Underlying loss per share 6.9 U.S. cents vs year-ago profit

PLATINUM WEEK-S.Africa 2012 platinum supplies unlikely to rise-JM

Mon, 14 May 2012 10:00:02 +0000

JOHANNESBURG, May 14 (Reuters) - There is little prospect for a rise in South African platinum supplies in 2012 and shipments of the precious metal from the world's top producer will likely decline this year, metals refiner Johnson Matthey said in a report on Monday.

African Markets - Factors to watch on May 14

Mon, 14 May 2012 06:27:16 +0000

NAIROBI, May 14 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. - - - - - EVENTS: *KENYA - Energy Regulatory Commission issues its monthly fuel price review, which stays in force for a month from every 15th day of the month. *MAURITIUS - Finance Minister Xavier Duval to hold a news conference on the state of the Indian ocean island's economy. GLOBAL MARKETS As

Lonmin H1 profit tumbles as rising costs bite

Mon, 14 May 2012 06:20:49 +0000

LONDON, May 14 (Reuters) - Platinum producer Lonmin said first-half pre-tax profit fell to $18 million from $159 million a year ago, hit by rising costs, weak European demand and safety stoppages that weighed on its production over the six months.