United States

Tanisha Heiberg

South Africa's Exxaro looks to fill Eskom coal shortage

Oct 12 2018

JOHANNESBURG, Oct 12 South African miner Exxaro Resources said on Friday it was looking to supply coal to state-owned power utility Eskom, which has been hit by supply shortages, posing a threat to the power supply in Africa's most industrialised economy.

Steinhoff's Mattress Firm files for bankruptcy protection, closes stores

Oct 05 2018

JOHANNESBURG Steinhoff's Mattress Firm Inc, the largest U.S. mattress retailer, has filed for voluntary bankruptcy protection, giving it breathing room to restructure and shore up its finances as its South African parent company fights for survival.

UPDATE 2-South Africa's Implats CEO confident of funding during restructuring

Sep 13 2018

* CEO confident can fund business through restructuring (Adds CEO comment on funding, strike)

UPDATE 2-South Africa's Clover triples FY profit, impairment hurts shares

Sep 12 2018

* Shares down more than 3 pct (Adds impairment details, listeria impact, dividend, updates share price)

UPDATE 2-Sibanye-Stillwater eyes bullion assets after swinging to profit

Aug 23 2018

* Reviewing incentives as part of safety strategy (Recasts, adds growth plans, safety)

UPDATE 2-Gold Fields boss says not resigning after S.Africa minister's rebuke

Aug 16 2018

* Gold Fields H1 profit unchanged (Recasts with CEO comment, adds results, share price)

Steinhoff says about 90 percent of creditors support debt lock-up

Jul 19 2018

JOHANNESBURG Steinhoff said on Thursday that around 90 percent of creditors for several subsidiaries supported an agreement to hold off debt claims for three years, an important step in restructuring the scandal-hit South African retailer.

Avocado 'green gold' ripe and ready for South Africa's farmers

Jun 21 2018

NELSPRUIT, South Africa Whether you like to squash it onto your toast in the morning, millennial-style, eat it to cut your cholesterol with healthy unsaturated oil, or moisturize your face with it - if you live in the West, you're probably rarely far from an avocado. | Video

Icebergs could float to the rescue of Cape Town water crisis

Apr 30 2018

JOHANNESBURG Marine salvage experts are floating a plan to tug icebergs from Antarctica to South Africa's drought-hit Cape Town to help solve the region's worst water shortage in a century.

South Africa's Gold Fields ties up with Canada's Asanko in Ghana

Mar 29 2018

JOHANNESBURG South Africa's Gold Fields will buy a near 50 percent share of Asanko Gold Inc's Ghana subsidiary and take a stake in the Canadian miner in a $202.6 million deal, it said on Thursday.

World News