Financial Mail News
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South African poultry industry may cut more jobs if imports from Brazil and the European Union continue, Poultry Association Chief Executive Officer Kevin Lovell said.
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Pearson Plc, which owns the Financial Times newspaper, has agreed to sell its 50 percent stake in publisher BDFM Publishers Ltd. to South Africa’s Times Media Group Ltd., the Johannesburg-based company said today.
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Regional leaders gathered for talks in the Chadian capital, N’Djamena, to discuss progress on a peace plan for the Central African Republic, where at least 119 people have died in violence after a coup last month.
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The Central African Republic boosted patrols in the capital, Bangui, to halt looting that erupted after a coup last month, as the United Nations urged action to halt human-rights violations.
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Nampak Wiegand Glass, a joint venture between Nampak Ltd. and Wiegand-Glas, is considering firing workers as South African wine exporters shift from glass bottles to bulk exports, Financial Mail reported without saying where it got the information.
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Barclays Plc Chairman Marcus Agius is shocked by the public outcry over the bank’s Libor-rigging scandal, the Financial Mail said, citing an interview with the 65-year-old executive.
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South Africa’s plan for a national pension plan may require employees to contribute 12 percent of their salaries annually to the fund, the Financial Mail reported.
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General Motors Co. will keep its Vauxhall unit’s car plant in Ellesemere Port, U.K., and plans to boost production, the Financial Mail reported, citing unidentified officials.
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Bidvest Group Ltd. abandoned a bid to acquire a 15 percent stake in Capespan Group Ltd., the Financial Mail reported.
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Abu Dhabi’s royal family held talks with senior advisers about buying stakes in Royal Bank of Scotland Group Plc or Lloyds Banking Group Plc, the Financial Mail on Sunday reported.
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