Agnieszka's Feed
Jan 31, 2013

Soccer-Ivory Coast ready to ramp up intensity for Nigeria clash

RUSTENBURG, South Africa, Jan 31 (Reuters) – Ivory Coast are treating their African Nations Cup quarter-final against fellow heavyweights Nigeria like a title match as the tournament favourites bid to end a decade of disappointment.

The West African giants set up Sunday’s clash in Rustenburg after the Ivorians topped of Group D, while Nigeria finished second in Group C.

Jan 30, 2013

South African ferrochrome output cuts expected to boost prices

JOHANNESBURG/LONDON, Jan 30 (Reuters) – Ferrochrome
production cuts in South Africa are likely to persist into the
second quarter, boosting prices at a time of weak demand,
traders said.

South Africa is the world’s second-biggest producer of the
alloy used to make stainless steel, but several companies have
shut down operations in recent weeks to help power utility Eskom
to manage the country’s tight electricity supply.

Jan 26, 2013

Drogba feels great despite first time on bench

RUSTENBURG, South Africa (Reuters) – Ivory Coast captain Didier Drogba dismissed concerns he may not be in top form after starting Saturday’s African Nations Cup 3-0 win over Tunisia on the bench, the first time he was dropped in his international career.

Drogba was brought on for the final 25 minutes of the energy-charged Group D game but still failed to impress, and left it to his teammates Gervinho, Yaya Toure and Didier Ya Konan to ensure a second successive win for the Elephants at tournament.

Jan 26, 2013

Soccer-Drogba feels great despite first time on bench

RUSTENBURG, South Africa, Jan 26 (Reuters) – Ivory Coast captain Didier Drogba dismissed concerns he may not be in top form after starting Saturday’s African Nations Cup 3-0 win over Tunisia on the bench, the first time he was dropped in his international career.

Drogba was brought on for the final 25 minutes of the energy-charged Group D game but still failed to impress, and left it to his teammates Gervinho, Yaya Toure and Didier Ya Konan to ensure a second successive win for the Elephants at tournament.

Jan 22, 2013

Ivory Coast realise size of challenge, says Drogba

RUSTENBURG, South Africa (Reuters) – Ivory Coast are under no illusions about how difficult it will be to win the African Nations Cup, the favourites’ captain Didier Drogba said after a nervous 2-1 opening win over Togo on Tuesday.

“Of course we want to win but 15 other teams want to win as well,” Drogba told reporters at the Royal Bafokeng Sports Palace.

Jan 22, 2013

Soccer-Ivory Coast realise size of challenge, says Drogba

RUSTENBURG, South Africa, Jan 22 (Reuters) – Ivory Coast are under no illusions about how difficult it will be to win the African Nations Cup, the favourites’ captain Didier Drogba said after a nervous 2-1 opening win over Togo on Tuesday.

“Of course we want to win but 15 other teams want to win as well,” Drogba told reporters at the Royal Bafokeng Sports Palace.

Jan 22, 2013

Rio reviews Mozambique as miners retreat from big plans

JOHANNESBURG/LONDON, Jan 22 (Reuters) – Rio Tinto
has begun a review of its Mozambique coal mining
operations which cost it a $3 billion write-off, reconsidering
development plans, partners and its options for getting the coal
from pit to port.

Rio’s troubles in Mozambique offer a cautionary tale on big
projects in new areas, which have become increasingly
unattractive for miners under pressure from shareholders to
control spending and improve returns.

Jan 15, 2013

Anger and disbelief greet Amplats mine closures

RUSTENBURG, South Africa, Jan 15 (Reuters) – Covered in
sweat and dust, workers at Anglo American Platinum’s
Khuseleka mine in South Africa emerged from a gruelling
underground shift on Tuesday to be told they were among 14,000
people about to lose their jobs in a massive corporate shake-up.

Their reactions ranged from disbelief to despair to anger,
suggesting the restructuring by parent company Anglo American
could trigger another wave of labour unrest in the
world’s leading producer of the precious metal.

Jan 11, 2013

Tata Steel KZN shuts furnaces to aid S.Africa’s Eskom – sources

JOHANNESBURG/LONDON (Reuters) – Tata Steel KZN, a subsidiary of the Indian steel maker (TISC.NS: Quote, Profile, Research), has shut two ferrochrome furnaces in South Africa for two months to help power utility Eskom manage a tight electricity supply, industry sources said on Friday.

Officials at Tata Steel KZN and Eskom ESCJ.UL declined to comment.

Under deals with Eskom, companies agree to temporarily suspend production, allowing the utility to buy back the energy that would have been used by the furnaces and feed it back to its starved electricity grid.

Dec 17, 2012

Mozambique to tax capital gains at fixed rate of 32 pct

JOHANNESBURG, Dec 17 (Reuters) – Mozambique will apply a 32
percent tax on future sales of local assets by foreign companies
operating in the emerging coal and gas producer as it seeks a
greater share of profits from its mineral wealth, a tax official
said on Monday.

Several oil and mining majors have rushed in to Mozambique
to seek opportunities in what is expected to become one of the
world’s leading coal and gas exporters and the tax will affect
future sales of assets located in the southern African state.