News International

Wed,22Oct2014

International

Mining: End of Iron Age

Sishen mine in South Africa does not have the heavy transport costs of the Central African deposits. Photos©Nadine Hutton/Bloomberg via Getty ImagesLow prices and high supplies are driving iron ore prices down. Analysts say large companies will survive the crunch but many smaller producers and explorers may be faced with tough decisions.

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IMF warns African countries over Eurobond borrowing

The International Monetary Fund (IMF) has warned African countries against rushing to issue Eurobonds, saying they may face exchange rate risks and problems repaying debts.

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Ebola fear factor subsides in US financial markets

Photos@ReutersebolausaInvestors should expect more calm to return to U.S. equity markets after some of the most volatile trading since 2012 as the 21-day incubation period for Ebola passes for many in Texas without new infections.

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Egypt: Israel's Tamar group negotiating gas export deal

A deal between the two countries collapsed in 2012 after months of attacks on the pipeline by militants in Egypt's lawless Sinai peninsula. Photo©ReutersThe partners in Israel's offshore Tamar gas field said on Sunday they are negotiating the sale of at least 5 billion cubic metres (bcm) of gas over three years to private customers in Egypt via an old pipeline built to send gas in the other direction.

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Simon Denny: South Africa's Mergers & Acquisition star

Simon Denny. Photo©All Rights ReservedHaving advised on some of South Africa's most high-profile deals, Denny predicts increased cross-border transactions with South Africa and eastern Europe.

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Joshua Siaw: Legal eagle with a bird's-eye view

Joshua Siaw©Andy LaneThe youthful Africa director of an international law firm has made his diaspora experience an asset in professional life.

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