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Investing in South Africa

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Exclusive: South Africa's NUM seeks 15-60 percent wage rises from gold, coal producers
Reuters  4 hrs ago  Comment 
South Africa's National Union of Mineworkers said it would seek pay rises of up to 60 percent from gold and coal producers, raising the prospect of fresh strikes as firms battle higher costs and falling prices in an already heated labor climate.
Sharks down Force 23-13 in Super Rugby
Sydney Morning Herald  May 17  Comment 
South Africa's Sharks have ended a five-match losing streak in Super Rugby, beating Western Force 23-13 to leave the Perth team second last on the ladder.     
AMCU threatens to bring South Africa to 'standstill'
Mining Weekly  May 17  Comment 
The leader of South Africa's biggest platinum mining union on Friday threatened to bring Africa's top economy "to a standstill" and demanded a meeting with President Jacob Zuma, ramping up the rhetoric in an 18-month labour crisis. The rand, which...
Forex - South Africa Flows: Gold, DXY weigh ZAR, labour tension on backburner but the fuel is there
FX Street  May 17  Comment 
Published at 07:34 (GMT) 17 May USD/ZAR makes fresh 4 year highs of 9.432 this morning, however... For more information, read our latest forex news and reports.
Labor Unrest in South Africa Hurts Rand
Forex News  May 17  Comment 
The South African rand weakened today, extending its longest decline in a year and touching the lowest level in four years, on concerns that worker strikes and falling commodity prices will hurt the nation’s economy.(...)Read the rest...
Rand Hits 4-Year Low as It Extends Longest Losing Streak in Year
Bloomberg  May 17  Comment 
Amplats says South Africa miners report for morning shift
Reuters  May 17  Comment 
Miners at South Africa's Anglo American Platinum (Amplats) reported for work on Friday, a company spokeswoman said, despite earlier calls for a strike by some union leaders.
Lonmin miners end two-day strike
BBC News  May 16  Comment 
Lonmin mineworkers in South Africa are returning to work after their two-day strike in protest at the shooting of a senior union official at the weekend.




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