Print2online CMS 4.0 http://www.tabj.co.za/ ©2007 CBJ http://www.tabj.co.za/files.php?file= http://www.tabj.co.za/ http://www.tabj.co.za/world_business_news/no_oil_leakage_found_in_mariner_energy_s_platform.html World Business News Mon, 06 Sep 2010 10:04:00 -0500 TABJ Sep 6 - Government inspectors on Friday did not find any oil leakage from Mariner Energy’s platform that caused an explosion and burning in the Gulf of Mexico, according to the U.S. Interior Department. The department's Bureau of Ocean Energy Management, Regulation and Enforcement said to press, "Inspectors have reported no sign of pollution coming from Mariner Energy Resource's Vermilion 380 platform http://www.tabj.co.za/world_business_news/world_s_number_one_copper_producer_to_cut_3000_jobs.html World Business News Mon, 06 Sep 2010 10:03:00 -0500 TABJ Sep 6 - The world’s number one copper producer, Codelco, will cut 3000 jobs by the end of the year. The Chilean company will offer 15 per cent of its workers early retirement in order to boost efficiency. CEO Diego Hernandez said to the newspaper La Tercera, "We have a special situation compared to our mining competition.” He said that 21 per http://www.tabj.co.za/african_business_news/nigeria_set_to_see_economic_growth.html African Business News Mon, 06 Sep 2010 10:02:00 -0500 TABJ Sep 6 - Nigeria’s economy is predicted to hit major growth by the end of 2011, the country’s finance minister, Olusegun Aganga, told the BBC. The finance minister foresees economic growth for 2011 because of the 7% economic growth from Nigeria the first half of 2010. He told the BBC that worldwide investors were interested in Nigeria. He said, "There's http://www.tabj.co.za/african_business_news/germany_promises_increased_aid_to_malawi.html African Business News Mon, 06 Sep 2010 10:02:00 -0500 TABJ Sep 6 - Angela Merkel, the German Chancellor has promised more monetary aid to Malawi from Germany. According to the German Deutsche Presse Agentur (DPA) Chancellor Merkel said to President Bingu wa Mutharika, “We want to help Malawi advance in the fight on poverty and reaching the Millennium Development Goals.” The Malawi President who was visiting Germany took time to http://www.tabj.co.za/world_business_news/goldcorp_acquires_andean_resources.html World Business News Fri, 03 Sep 2010 08:10:00 -0500 TABJ Sep 3 - Goldcorp and Andean Resources today announced an agreement whereby Goldcorp will acquire, through a scheme of arrangement under Australian law, all of the outstanding shares of Andean.  The total consideration for the purchase of 100% of the fully diluted shares of Andean is approximately C$3.6 billion. Andean's principal asset is the 100%-owned Cerro Negro gold http://www.tabj.co.za/world_business_news/rig_blast_causes_spreading_oil_sheen.html World Business News Fri, 03 Sep 2010 07:09:00 -0500 TABJ Sep 3 - An oil sheen has started spreading from an explosion from an offshore petroleum platform in the Gulf of Mexico. The rig blast, operated by Mariner Energy Inc. took place just west of BP’s oil spill and has caused the 2km long oil sheen that fire fighting vessel have been trying to control. The Coast guard http://www.tabj.co.za/african_business_news/emirates_launches_new_air_links_to_dakar.html African Business News Fri, 03 Sep 2010 08:07:00 -0500 TABJ Sep 3 - Emirates is set to launch direct links to Dakar, strengthening links to West Africa. A company spokesman said to Gulf News, “EK 797 took off this morning for the airline's 105th destination, creating the only non-stop, scheduled passenger link between Dubai and Senegal. The new route will cut current journey times to Dakar by around the equivalent of an eight http://www.tabj.co.za/african_business_news/south_africa_ends_undocumented_migrant_agreement_with_zimbabwe.html African Business News Fri, 03 Sep 2010 08:06:00 -0500 TABJ Sep 3 - South Africa announced that they will end the deal they have with Zimbabweans that allows them to enter South Africa without documents. The deal started in April when thousands of Zimbabweans fled to South Africa because of political unrest. The deal is set to expire at the end of 2010. spokesman Themba Maseko said to http://www.tabj.co.za/african_business_news/riots_in_maputo_come_to_a_halt.html African Business News Fri, 03 Sep 2010 08:06:00 -0500 TABJ Sep 3 - An air of calm reigns over Maputo, Mozambique as two days of rioting because of price increases in bread comes to a halt. The aftermath of the riots leave seven people dead and 288 injured. "This was the worst rioting I have ever seen in my life, people can really turn very violent and lives are at http://www.tabj.co.za/world_business_news/obama_administration_denied_dismissal_of_drilling_lawsuit.html World Business News Thu, 02 Sep 2010 08:16:00 -0500 TABJ Sep 2 - The Obama administration has been denied their motion to dismiss a lawsuit that stops a government-imposed halt on deep-water drilling in the Gulf of Mexico, by a federal judge this Wednesday 1 September. The moratorium started because of the April explosion of the drilling rig which killed 11 people and caused the horrific The African Business Journal