NewsSouthern Africa

Tue,28Mar2017

Southern Africa

South Africa's Brait suspends LSE listing plan on Brexit uncertainty

Traders react to early market moves on the London Stock Exchange and the FTSE100 index at CMC Markets in London. Photo: ALASTAIR GRANT/AP/SIPASouth Africa's Brait SE has suspended plans to list on the London Stock Exchange, the investment firm said on Friday, citing uncertainty over Britain's decision to leave the European Union.

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Zimbabwe opposition demand U.N. conducted vote

Opposition leader Morgan Tsvangirai addresses party supporters after they marched in the streets of Harare, during protests aimed at President Robert Mugabe in Harare, Thursday, March 14, 2016. Photo: Tsvangirayi Mukwazhi/AP/SIPAZimbabwean opposition parties want next year's presidential elections overseen by a special team put together by the United Nations and African Union.

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Zimbabwe hopes tobacco sales will ease dollar crunch

A buyer logs data on the first day of the tobacco selling season Harare, Wednesday, March, 15, 2017. Photo:Tsvangirayi Mukwazhi/AP/SIPAZimbabwe is likely to produce 205 million kilograms of tobacco this year, slightly more than 2016, with sales of its main export likely to improve dollar supplies in the cash-strapped economy, an industry official said on Wednesday (March 15).

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Zimbabwe mines output threatened by foreign payment delays

Zimbabweans compare the new note with the US dollar note following the introduction of new notes by the Reserve Bank of Zimbabwe in Harare, Nov, 28, 2016. Photo: Tsvangirayi Mukwazhi/AP/SIPAZimbabwe's mining output is under threat because banks are delaying processing foreign payments by up to three months due to a shortage of dollars, the southern African country's mining chamber warned on Monday.

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Goldfields CEO predicts drop in Q1 output at South Deep mine

Miners work underground near Carletonville, South Africa, in this Oct. 2004 file photo. Photo: THEMBA HADEBE/AP/SIPAThe chief executive of South Africa's Gold Fields has warned that first quarter production at its South Deep mine could be lower than expected due to safety stoppages.

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At least 17 firms express interest to operate Botswana national airline

Botswana has more than 30 state-owned enterprises in industries ranging from tourism and power to housing and finance.This 2016 photo is taken in Botswana's Okavango Delta, a popular tourist destination. Photo: Dean Fosdick/AP/SIPAAt least 17 companies have expressed an interest in operating Air Botswana as the government embarks on its latest drive to privatise loss-making state companies.

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