JOHANNESBURG (Reuters) – Platinum markets have avoided an eruption that would have shaken them to the core with mine nationalization effectively killed as policy in South Africa, which sits on about 80 percent of the global supply of the precious metal.
But they should brace for aftershocks.
The world’s richest platinum veins lie along the political faultlines of South Africa and Zimbabwe, where income disparities, labor strife and political populism are fueling intense brands of resource nationalism.
JOHANNESBURG, April 26 (Reuters) – Almost two rhinos a day
are being poached in South Africa for their horns, which are
worth more than their weight in gold.
This surge in rhino killings has coincided with a rise in
elephant poaching for ivory across the continent and reignited
debate about whether or not the trade in the commodities these
animals are being killed for should be opened up.
* Rhino poaching surges, horn worth more than gold
* Record seizures of elephant ivory
* Organized crime, helicopters involved
By Jonny Hogg and Ed Stoddard
KINSHASA/KRUGER NATIONAL PARK, South Africa, April 24
(Reuters) – T he hit job was done by professionals who swooped
over their quarry in a helicopter before opening fire.
The scene beneath the rotor blades would have been chilling:
panicked mothers shielding their young, hair-raising screeches
and a mad scramble through the blood-stained bush as bullets
rained down from the sky.
PRETORIA (Reuters) – Foreign-born athletes who have taken UK citizenship ahead of the 2012 London Olympics have been dubbed “Plastic Brits” by critics but the most famous sportswoman to have made that journey is sympathetic.
For 45-year-old South African Zola Pieterse, better known by her maiden name Budd, the reasons behind the move are understandable – money in an age of rampant sports commercialisation as well as a desire to compete.
PRETORIA, April 23 (Reuters) – Foreign-born athletes who
have taken UK citizenship ahead of the 2012 London Olympics have
been dubbed “Plastic Brits” by critics but the most famous
sportswoman to have made that journey is sympathetic.
For 45-year-old South African Zola Pieterse, better known by
her maiden name Budd, the reasons behind the move are
understandable – money in an age of rampant sports
commercialisation as well as a desire to compete.
GROENKLOOF NATURE RESERVE, South Africa (Reuters) – My running partner has generously conceded to my pace and it’s not because of the warmth of the African sun on a glorious autumn day.
I often find myself with training partners faster than me but seldom has the gap been so glaring, for on this particular day the person striding alongside me was South African track legend Zola Pieterse, better known by her maiden name Budd.
JOHANNESBURG (Reuters) – If Spain’s king had shot an elephant in Botswana during his ill-fated hunting excursion it would have been one of perhaps 150,000 that roam the vast southern African country, so the monarch was hardly contributing to the species’ extinction.
But his jaunt has thrown an unflattering spotlight on Africa’s elephant hunting industry, which some argue is needed to keep swelling populations contained but critics see as an obscene pastime of the idle rich.
JOHANNESBURG (Reuters) – Wanted: Investors for young, hot and thirsty continent. Population to double in 40 years. Poor, but less than it was. Interested parties must think long term.
Africa’s demographic profile could make it a dream for retailers if spending power continues to rise – or an unfolding disaster for everyone if the labor market fails to absorb its swelling ranks of young people.
JOHANNESBURG (Reuters) – Zimbabwe’s empowerment minister expects to finalize the transfer of majority stakes in foreign mining companies to local black investors by the end of April.
Saviour Kasukuwere, a rising star in President Robert Mugabe’s ZANU-PF Party, has been the enforcer-in-chief of a controversial law that requires foreign companies to hand over 51 percent of their holdings in the country to black investors.
KRUGER NATIONAL PARK, South Africa, April 5 (Reuters) -
A lmost two rhinos are being killed every day in South Africa to
meet surging Asian demand for the animal’s horn which has become
more valuable than gold, platinum and cocaine.
Investigators in a remote corner of South Africa’s Kruger
National Park examined one of the latest victims of this crime
wave on Tuesday, a white rhino felled by a heavy calibre .375