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World 19 Dec 2012 | 12:00 AM

South Africa's ANC supports windfall tax on miners

BLOEMFONTEIN, South Africa (Reuters) - South Africa's ruling African National Congress has rejected proposals to nationalise the country's mines but supports a windfall

World 19 Dec 2012 | 12:00 AM

South Africa's ANC supports windfall tax on miners

BLOEMFONTEIN, South Africa (Reuters) - South Africa's ruling African National Congress (ANC) has rejected calls to nationalise the country's mines but supports a windfall

Business 24 Nov 2012 | 12:00 AM

S&P downgrades maverick Hungary on weak growth

BUDAPEST: Standard Poor's on Friday cut Hungary's long-term credit rating, already in junk territory, by one notch to BB, saying its government's unpredictable policies could hurt medium-term growth.

World 08 Oct 2012 | 12:00 AM

Factbox - Venezuela's nationalizations under Chavez

(Reuters) - Venezuelan President Hugo Chavez was re-elected on Sunday to another six-year term, potentially extending his rule to two decades and cementing his status as a dominant figure in modern Latin American history.

Business 07 Aug 2012 | 12:00 AM

Bank dividends not affected

THE implementation of Basel III (from 2013) has prompted some banks to opt for the Dividend Reinvestment Plan (DRP) which enables them to maintain high payouts without denting their capital as dividends are paid in new shares rather than in cash.

World 02 Aug 2012 | 12:00 AM

Ecuador says mining reform will pave way for contracts

QUITO (Reuters) - Ecuador is preparing mining reforms that should pave the way for the signing of contracts with several investors, including Canada's Kinross, the South American country's top mining official said on Thursday.

World 24 Jul 2012 | 12:00 AM

Ghana President Mills dies, VP takes over

ACCRA (Reuters) - Ghana's President John Atta Mills, who won international praise for presiding over a stable model democracy in Africa, died suddenly on Tuesday and his vice-president was quickly sworn in to replace him at the helm of the oil, gold and cocoa producer.

Business 29 Feb 2012 | 12:00 AM

Survey: UK 2012 oil and gas capital spend to hit record

LONDON: Investment in UK oil and gas production is expected to increase by 35% this year but output will remain roughly the same, industry body Oil & Gas UK said.

Business 15 Oct 2011 | 12:00 AM

The making of a global group

THE idea of floating the Felda group's commercial unit, Felda Holdings Bhd, has been yo-yoing between a yes and a no since it was mooted by then Prime Minister Tun Dr Mahathir Mohamad in his Budget 2004 speech.

World 23 Sep 2011 | 12:00 AM

Zambia's 'King Cobra' Sata wins presidency in election upset

LUSAKA (Reuters) - Zambian opposition leader Michael Sata, a critic of Chinese investment, secured an upset presidential election victory on Friday which may dent foreign companies' view of Africa's biggest copper producer as a sound investment destination.