NewsSouthern Africa

Tue,23May2017

Southern Africa

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

South 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

Zimbabwean 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

Zimbabwe 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

Zimbabwe'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

The 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

At 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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