adminIndian delegation to visit Zimbabwe
A high-level business and government delegation from India is expected in Zimbabwe early next week to explore investment opportunities.
Euro woes keep pressure on rand
Johannesburg — The rand remained softer against the dollar in thin noon trade yesterday, as it tracked a euro that had come under pressure.
Libya wants to merge national airlines: minister
TRIPOLI — Libya’s two state-owned airlines could be merged by the first quarter of 2013, the country’s interim transport minister said, in a move hoped to create a major state-run carrier that could be eventually privatised.
Oil prices lower amid Iran standoff
Singapore — Oil prices were lower in Asian trade yesterday after spiking close to eight-month highs overnight, but they were underpinned by rising tensions between Western powers and major crude producer Iran.
China denounces EU’s airline emissions law
Beijing — China voiced its deep concern and opposition yesterday to a European Union plan to counter airline emissions, and called for talks to resolve the issue a day after China’s major airlines refused to pay any carbon costs under the new law.
‘Kenya wind power project to start by April’
NAIROBI — Construction of a 310 megawatt (MW) wind power project in Kenya is expected to start in April after its financiers complete due diligence on the project, a senior company official said yesterday.
China trade surplus narrows
China’s trade surplus has narrowed for a third straight year as demand for its products weakened in the US and Europe.
Commerce Minister Chen Deming said the surplus was around $160 billion in 2011. That compares with a record of $295 billion in 2008.
Honda, Toyota US sales fall
Toyota and Honda saw sales in the US fall sharply in 2011 as production was hit by natural disasters in Japan and Thailand, figures show.
SA imports Romanian maize
Johannesburg — Two cargo ships of yellow maize from Romania are en route to the Western Cape for unloading, the head of producer group Grain SA said on Tuesday.
Pilot escapes with minor injuries as light aircraft crash lands
Crime Reporter
A PILOT sustained minor injuries when an aircraft he was using to spray crops at a farm in Headlands crash-landed on Wednesday morning.