Africa
South Sudan army says retakes town from rebels in east
JUBA - South Sudan's army has retaken an eastern town captured by rebels two weeks ago, a military spokesman said on Monday, in a conflict that has uprooted thousands of people and hampered government plans to explore for oil.
Recent Africa News
CORRECTED-S.Africa's Barloworld boosts H1 profit, Russia unit robust
JOHANNESBURG, May 20 - South African industrial group Barloworld Ltd boosted first-half profit by a third on Monday, as a solid result in its Russian mining equipment business offset slack demand at home.
S.Africa's African Bank H1 profit slides as bad debts bite
JOHANNESBURG, May 20 - South African mass market lender African Bank Investments posted a 26 percent drop in first-half earnings on Monday, hit by rising bad debts from its heavily leveraged customers.
S.Africa's African Bank sees loss for retail unit -CFO
JOHANNESBURG, May 20 - South Africa's African Bank Investments is likely to see a full-year loss for its retail furniture business, as demand from cash-strapped consumers wanes, its chief financial officer said on Monday.
S.Africa's Vodacom FY earnings up 23 pct on Africa units
JOHANNESBURG, May 20 - South Africa's Vodacom Group reported a 23 percent rise in full-year profit on Monday underpinned by a strong performance by its African subsidiaries and growth in data usage.
BRIEF-S.Africa's African Bank H1 profit slides as bad debts bite
JOHANNESBURG, May 20 - African Bank Investments Ltd : * Says H1 headline earnings per share of 125,7 cents versus 170,4 cents) * Says ordinary dividends per share of 25 cents (H1 2012: 85 cents) * Says 25% growth in advances to R59 billion * Says faves potential R300 million fine from national credit regulator * Says no provision has been made in these results for any potential fine * Says bad debt charge is expected to remain elevated for the rest of the year
 |
What's next for South Sudan?
Reuters is chronicling the first year in the life of South Sudan - and assessing the odds of whether it will flourish or fail. Live Coverage | Slideshow
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
