Latest Economy of Africa Stories

2011-01-18 03:21:00

UTRECHT, The Netherlands, January 18, 2011 /PRNewswire/ -- Absa Group Ltd of South Africa take the first steps to a true Cash Web Community with Transtrack's latest CashWebCommunity suite of management software to elevate their service quality and customer experience. http://www.transtrack.nl Key in the success of the bank's Cash Solutions is the use of the latest technology to provide complete end-to-end visibility and provide a platform for future integration of value added...

2010-11-12 07:15:00

JOHANNESBURG, November 12, 2010 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that it was ranked joint first in the JSE Top 100 Carbon Disclosure Leadership Index (CDLI), which rates companies listed on the Johannesburg Stock Exchange in South Africa on their disclosure of carbon emissions. In 2009 Gold Fields was fifth in the CDLI, but this year it improved to joint first (with FirstRand) with a disclosure rating of...

2010-11-02 12:50:00

JOHANNESBURG, Nov. 2, 2010 /PRNewswire/ -- Introduction and rationale Sasol BEE Ordinary Shares were issued to the public pursuant to the Sasol cash invitation prospectus dated May 2008 ("Cash Invitation"). Sasol BEE Ordinary Shareholders became entitled to sell, with effect from 8 September 2010, their Sasol BEE Ordinary Shares to Black groups and persons determined in accordance with the Codes issued under the Broad Based Black Economic Empowerment Act, 2003 and such Sasol BEE...

2009-11-20 14:10:01

El Nino has caused devastating drought damage across Latin America this year, resulting in a massive food crisis in Guatemala and water cuts in Venezuela, AFP reported. An El Nino, which is an occasional seasonal warming of central and eastern Pacific waters, occurs on average every two to five years and upsets normal weather patterns across the globe. While they usually last around 12 months, El Nino reappeared once again in June and Guatemalan authorities blamed it for the nation's worst...

2009-11-11 09:00:00

BEIJING, Nov. 11 /PRNewswire-Asia/ -- Frbiz.com (http://www.frbiz.com ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports agricultural products prices decline. With winter coming, Frbiz's analyst find that agricultural market prices over the previous week decreased by 0.1 percent; capital goods prices rose 0.3 percent over the previous week. Of 57 kinds of major consumer agricultural products, the prices have declined...

2009-09-15 11:19:17

The Producer Price Index for finished goods in the United States rose 1.7 percent in August, the Bureau of Labor Statistics reported Tuesday. The price advancement follows a 0.9 percent decline in July. In June, prices rose 1.8 percent. The index has swung up and down. Through August, prices rose in five months of 2009 and fell in three. In August, core prices, which exclude energy and food items, rose 0.2 percent after falling 0.1 percent in July. Energy prices in August rose 8 percent,...

2009-09-08 09:52:21

The booklet is based largely on insights from two academic experts on food pricing - Dr. Steven Cummins, of Queen Mary, University of London, and Professor Derek Oddy, Emeritus Professor of Economic and Social History at the University of Westminster - for a public policy seminar organized by the ESRC for the Food Standards Agency. Dr Cummins draws on his research with Professor Sally MacIntyre, of the Medical Research Council, Social and Public Health Sciences Unit, Glasgow, and Dr Dianna M...

2009-09-04 13:52:29

Farmers in ventral Canada say despite rising food prices, they aren't seeing income gains. Agricultural groups in the provinces of Alberta, Saskatchewan and Manitoba released a survey showing food prices rose 3.2 percent on an annual basis compared with 2008, yet farmers' incomes fell by 1.7 percent, the Edmonton Journal reported Friday. The exceptions went to grain and dairy farmers, who saw more profits, the survey revealed. Meat and vegetable farmers took the hardest hit, the survey...

2009-08-18 11:00:49

The Producer Price Index for finished goods in the United States fell nearly 1 percent in July, the Bureau of Labor Statistics reported Tuesday. The 0.9 percent drop in prices follows gains of 1.8 percent in June and 0.2 percent in May, the bureau said. Core prices, which exclude energy and food items, shrank 0.1 percent after rising 0.5 percent in June. Energy prices in July fell 2.4 percent, while food prices for producers dropped 1.5 percent. The figures may concern policy makers keeping...

2009-06-16 10:07:47

The Producer Price Index for finished goods in the United States rose slightly in May, the Bureau of Labor Statistics reported Tuesday. The PPI rose 0.2 percent during the month, an indication inflation was still in check. Core prices, which exclude energy and food items, shrank 0.1 percent, as energy prices rose a less-than-expected 2.9 percent and food prices fell 1.6 percent. In the past 12 months, prices for finished goods have fallen 5 percent, the bureau said. Finished energy goods...

Word of the Day
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'