South Africa

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A bank of, for, and by, the developing world

Mar 27, 2013
Leaders of the BRICS nations -- Brazil, Russia, India, China and South Africa -- are wrapping up a summit today. They have a new plan to create a bank to fuel economic growth in the developing world.
Posted In: BRICS, South Africa, developing countries
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South African miner cuts jobs and closes mines

Jan 15, 2013
The world's largest platinum producer Anglo American Platinum, also known as Amplats, is planning to close down some of its South African mines and cut around 14,000 jobs. The announcement comes after a series of strikes across the mining sector of South Africa at the end of last year in which mineworkers were demanding higher wages.
Posted In: South Africa, mining
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Four wounded in South African gold mine protest

Sep 4, 2012
Security guards at a gold mine east of Johannesburg shoot rubber bullets at thousands of protestors who were fired in June after going on strike for higher wages.
Posted In: miners, South Africa
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Demand for metals may be root of South African workers' unrest

Aug 17, 2012
More than 30 people were killed after police in South Africa fired on striking miners. How might the incident impact the nation's mining economy?
Posted In: South Africa, mining, precious metals, platinum
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South Africa mine strike could hurt ailing platinum market

Aug 17, 2012
A mass shooting of platinum miners in South Africa is a reminder that our precious metals come from some pretty unstable places.
Posted In: South Africa, platinum
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Strike at South Africa mine turns deadly

Aug 17, 2012
More than thirty workers have been killed by police at a platinum mine in South Africa. The workers, who were armed, were staging what police said was an illegal strike.
Posted In: South Africa, strike, platinum
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U.S. pledges $2 billion loan to South Africa for clean energy

Aug 7, 2012
Secretary of State Hillary Clinton is in South Africa this morning along with other U.S. leaders. Among them, the head of the Export-Import Bank of the United States, which has just announced a $2 billion loan to South Africa. That's to help the country fund green energy projects with U.S. companies.
Posted In: South Africa, renewable energy, import export
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MID-DAY UPDATE: Roadblocks and a traffic jam

Aug 24, 2010
Fed officials were divided over the Federal Reserve's decision to buy more government debt Apple has filed a patent to identify jailbreakers, w...
Posted In: apple, Blackberry, China, Federal Reserve, India, job applications, mid-day update, Philadelphia, South Africa, stem cell research
1

Is a win for FIFA a win for South Africa?

Jul 8, 2010
Even though the World Cup has not yet ended, there are already some clear winners and losers....
Posted In: business of sports, soccer, South Africa, World Cup

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