Ed's Feed
Apr 9, 2013

South African fin min says central bank balancing growth with inflation “fairly well”

PRETORIA, April 9 (Reuters) – South Africa’s central bank
has done reasonably well to balance economic growth and the need
to create jobs while also pursuing its mandate to keep inflation
in check, Finance Minister Pravin Gordhan said on Tuesday.

The comments, in an interview as part of a Reuters
Investment Summit, suggest President Jacob Zuma’s administration
sees no need to encourage the bank to boost growth by loosening
monetary policy 12 months ahead of a general election.

Apr 9, 2013

South Africa’s Gordhan praises central bank policy decisions

PRETORIA (Reuters) – South Africa’s central bank has done well to balance economic growth and the need to create jobs in its policy decisions, Finance Minister Pravin Gordhan said on Tuesday.

The Reserve Bank left the repo rate at a historic low of 5 percent last month, but the OECD has said the bank has room to loosen policy further to stimulate Africa’s biggest economy after a sluggish recovery from a 2009 recession. Most economists polled by Reuters expect rates to stay on hold through 2013.

Mar 25, 2013

Troop deaths dampen South Africa powerbroker dreams

PRETORIA (Reuters) – The death of 13 South African soldiers in fighting against rebels in Central African Republic (CAR) is Pretoria’s worst military setback since the end of apartheid and puts a dent in any ambitions it has of becoming a continental superpower.

To a post-apartheid public not used to the sight of body bags returning from foreign military theatres, President Jacob Zuma’s confirmation on Monday of a bloody nine-hour firefight in an impoverished but mineral-rich country 3,500 km (2,200 miles) away came as a shock.

Mar 7, 2013

Silicosis class action bid filed against Anglo American

JOHANNESBURG, March 7 (Reuters) – Lawyers representing gold
miners suffering from the deadly lung disease silicosis said on
Thursday they had filed a class action lawsuit application
against the South African arm of global mining giant Anglo
American .

The application by the legal groups from South Africa and
Britain is the latest in several class action suits being lined
up against South Africa’s once mighty gold mining industry.

Feb 18, 2013

Pistorius back in court for murder bail hearing

JOHANNESBURG (Reuters) – “Blade Runner” Oscar Pistorius, the South African double amputee who became one of the biggest names in world athletics, is due in court for a second time on Tuesday to apply for bail after being charged with murdering his girlfriend.

The arrest of the 26-year-old Olympic and Paralympic sprinter has stunned millions across the world who held him up as a hero for triumphing over adversity to compete with able-bodied athletes at the highest level of sport.

Feb 18, 2013

“Blade Runner” Pistorius back in court for murder bail hearing

JOHANNESBURG, Feb 19 (Reuters) – “Blade Runner” Oscar Pistorius, the South African double amputee who became one of the biggest names in world athletics, is due in court for a second time on Tuesday to apply for bail after being charged with murdering his girlfriend.

The arrest of the 26-year-old Olympic and Paralympic sprinter has stunned millions across the world who held him up as a hero for triumphing over adversity to compete with able-bodied athletes at the highest level of sport.

Feb 18, 2013

Pistorius murder defence team faces few options

JOHANNESBURG, Feb 18 (Reuters) – Ever since ‘Blade Runner’ Oscar Pistorius’s girlfriend was shot dead in his Pretoria home last week, South African papers have printed lurid details of the killing which, if true, pose major challenges to the Paralympic star’s defence team, experts say.

Initial reports of the shooting in the early hours of Thursday suggested Pistorius, 26, a double amputee who became one of the biggest names in world athletics, may have mistaken law graduate and model Reeva Steenkamp for an intruder.

Feb 17, 2013

Reality show with Pistorius girlfriend upsets S.Africa

JOHANNESBURG, Feb 17 (Reuters) – It was billed as a fitting
tribute to “an intelligent, beautiful and amazing woman” but the
airing of a Caribbean reality TV show featuring the girlfriend
of Paralympic star Oscar Pistorius two days after she was shot
dead has upset some South Africans.

In particular, women’s rights activists criticised an edited
clip at the start of Saturday night’s ‘Tropika Island of
Treasure’ in which law graduate and model Reeva Steenkamp talks
about her “exit”.

Feb 16, 2013

Pistorius, slain girlfriend had planned future – uncle

JOHANNESBURG, Feb 16 (Reuters) – South African Paralympic champion Oscar Pistorius, known as the “Blade Runner”, was planning a future with the girlfriend he is accused of shooting dead this week, his uncle said on Saturday.

Pistorius, 26, one of the world’s most recognisable athletes, was charged on Friday with murdering swimsuit model and law graduate Reeva Steenkamp in the early hours of the previous day.

Feb 15, 2013

“Blade Runner” Pistorius faces court on murder charge

JOHANNESBURG (Reuters) – South African ‘Blade Runner’ Oscar Pistorius, a double amputee who became one of the biggest names in world athletics, is due to appear in court on Friday on charges of murdering his girlfriend.

The arrest of the 26-year-old Olympic and Paralympic track star stunned a nation that holds him up as hero who triumphed over adversity to compete with able-bodied athletes at the highest levels of sport.