South Africa's Sibanye Gold flags H1 earnings per share loss

South Africa's Sibanye Gold flagged up a first-half earnings per share loss on Thursday, citing provisions worth 1.1 billion rand ($84 million) for a possible settlement with miners who contracted lung diseases at work.A class action suit, mostly relating to the ... — Read More

Upgrade slums, expand rentals to ease urban housing crisis - researchers

Booming cities in developing nations should upgrade slums, build on underused land and promote rental choice to tackle a fast-growing crisis caused by a shortage of affordable housing, researchers said on Wednesday.About a third of people in developing-world cities live in ... — Read More

Zimbabwean bank suspends pay-TV payments over forex shortages

Zimbabwe's Steward Bank has suspended payments to the pay-TV subsidiary of South Africa's Naspers, citing unavailability of foreign currency, in a sign that dollar shortages are worsening in the southern African nation.Local banks have been forced to limit withdrawals due to ... — Read More

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