(Reuters) – Glencore and Xstrata agreed an all-share merger worth $90 billion (56 billion pounds) on Tuesday in the industry’s largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.
Glencore, the world’s largest diversified commodities trading house, … Read the rest
Two Mozambican criminals who terrorised homes in Krugersdorp, west of Johannesburg, in 2009 have been convicted on four counts of robbery with aggravating circumstances, according to a report on Tuesday.
Eric Nkuna and Fortunato Simbine targeted townhouse complexes in the … Read the rest
Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors’ risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro … Read the rest
A fishing boat seized by the Asset Forfeiture Unit after it was allegedly used by a Chinese syndicate to smuggle 1.7 tons of cocaine into Knysna harbour was sold on auction for R450,000 at the weekend.
Two men died and two were critically injured when they were attacked by Diepsloot community members, north of Johannesburg, in the early hours of Monday morning, Johannesburg emergency management services said. Diepsloot is … Read the rest
REUTERS – Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little … Read the rest
After many letters and three overseas visits to bring violent attacks on Afrikaner farmers to the attention of the international community, PRAAG welcomes the imminent visit of a UN delegation to investigate the possibility of genocide in South Africa.
Three men convicted of the fatal shooting of five-year-old Danielle Esterhuizen were given life sentences in the Johannesburg High Court on Wednesday, South African Broadcasting Corporation (SABC) news said.… Read the rest