Peroshni's Feed
Dec 14, 2010

S.Africa, Angola sign energy deal in historic visit

PRETORIA, Dec 14 (Reuters) – South Africa and oil-producing
Angola took a step away from decades of friction on Tuesday by
signing an energy deal during the first state visit of Angola’s
long-standing leader to the regional economic power.

South Africa is looking for new sources of oil to help power
the continent’s leading economy and has eyed Angola — Africa’s
second-biggest oil producer — as a potential new supplier.

Dec 6, 2010

S.Africa’s World Cup brought in less money than expected

JOHANNESBURG (Reuters) – The soccer World Cup helped to rebrand South Africa but brought in far less money than anticipated, officials said on Monday.

Tourism during the June-July tournament brought in some 3.6 billion rand ($519.6 million), far less than the government had initially expected, Tourism Minister Marthinus van Schalkwyk told reporters.

Dec 6, 2010

Soccer-S.Africa’s World Cup brought in less money than expected

JOHANNESBURG, Dec 6 (Reuters) – The soccer World Cup helped
to rebrand South Africa but brought in far less money than
anticipated, officials said on Monday.

Tourism during the June-July tournament brought in some 3.6
billion rand ($519.6 million), far less than the government had
initially expected, Tourism Minister Marthinus van Schalkwyk
told reporters.

Oct 4, 2010

S.Africa charges Nigeria militant Okah over bombing

JOHANNESBURG, Oct 4 (Reuters) – South African prosecutors
brought terrorism charges against Nigerian militant leader Henry
Okah at a court in Johannesburg on Monday for a deadly bomb
blast in the Nigerian capital.

A lawyer for Okah, who now lives in South Africa, has denied
his involvement in the explosion of two car bombs near a parade
in Abuja marking Nigeria’s 50th anniversary of independence on
Friday, killing at least 10 people and injuring 36, according to
police. [ID:nLDE691054]

Oct 4, 2010

Nigerian militant appears in S.African court

JOHANNESBURG, Oct 4 (Reuters) – Nigerian militant leader
Henry Okah appeared in a Johannesburg court on Monday after he
was arrested at the weekend by South African authorities for
suspected links to a deadly bombing in Abuja.

A prosecutor told the court the state is considering
charging Okah with a terrorist act and the detonation of an
explosive device. The court is considering a prosecutors’
request to postpone a bail hearing until Oct. 14.

Sep 24, 2010

S.Africa’s Zuma stronger, for now, after meeting

DURBAN, Sept 24 (Reuters) – South African President Jacob
Zuma sought to ease tensions with his rivals by saying the
government would study their proposal to nationalise the
country’s mines.

But he also warned them they would be punished if they
bucked his authority.

Speaking on Friday at the end of a week-long meeting of the
ruling African National Congress, Zuma made concessions to the
ANC’s Youth League and his labour union allies by pledging to
examine some of their left-leaning policies. The groups had said
they may not support him for a second term.

Sep 24, 2010

S.Africa’s ANC to study greater state mining control

DURBAN (Reuters) – South Africa’s ruling ANC agreed to explore greater state control of the mining sector, but made no shift in economic policy at one of the party’s biggest meetings in years, President Jacob Zuma said on Friday.

Zuma has been under pressure on nationalization from union allies and from the youth wing of his African National Congress so the move to study taking over mines could be an attempt to mend fences within the governing coalition.

Sep 24, 2010

S.Africa’s ANC to probe bigger state mine control

DURBAN, Sept 24 (Reuters) – South Africa’s ruling ANC will
investigate ways for the state to take greater control of the
country’s mining industry, a senior party official said on
Friday.

South African Planning Minister Trevor Manuel, a member of
the African National Congress’ decision-making national
Executive Committee (NEC), told reporters that a decision on
increased control of mines could be taken in 2012.

Sep 23, 2010

S.Africs’s Zuma struggles to halt debate on mines

DURBAN, Sept 23 (Reuters) – South Africa’s ANC is facing a
decisive split at a major policy meeting on nationalising mines
that seems to be as much about economics as it is about politics
in the world’s biggest producer of platinum.

President Jacob Zuma’s ruling African National Congress
party is resisting a drive from the ANC’s Youth League, backed
by mining tycoons, that policy should be developed for the state
to take over mines in the resource-rich country.

Sep 22, 2010

What comes next for S.Africa’s ANC and Zuma

DURBAN, Sept 22 (Reuters) – The African National Congress
will conclude on Friday one of its most important political
events in years where it tries to adjust its policies for
managing Africa’s biggest economy. [ID:nLDE68L19W]

The following is a look at what comes next for the ANC and
its leader President Jacob Zuma, who is struggling to repair a
damaged alliance with traditional partners in organised labour
and ease worries from investors that he may back some of their
left-leaning policies.