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Tag Archives: OZABS

South Africa’s Royal Bafokeng Platinum narrows H1 loss

JOHANNESBURG (Reuters) – South African platinum producer Royal Bafokeng Platinum said on Monday its half-year loss narrowed but was still weighed down by an impairment cost, care and maintenance costs and operational readiness costs from its newly acquired Maseve operations. A truck drives past the entrance to the Royal Bafokeng …

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South Africa’s rand extends losses amid global trade tensions

JOHANNESBURG (Reuters) – South Africa’s rand extended losses against the dollar early on Friday, with markets gripped by worries over escalating trade tensions between the United States and China. A street money changer counts South African Rands in Harare, Zimbabwe, May 5, 2016. REUTERS/Philimon Bulawayo At 0623 GMT, the rand …

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