PRETORIA, March 28 South Africa's central bank
kept its benchmark repo rate unchanged at 6.75 percent on
Thursday in a unanimous decision, saying the risks to the
inflation outlook were "more or less evenly balanced".
RUSTENBURG, South Africa South Africa's labor court has rejected a request by the Association of Mineworkers and Construction Union (AMCU) to hold an industry-wide strike covering the platinum and gold sectors, Anglogold Ashanti, Anglo American Platinum and Lonmin said on Friday.
* Job cuts politically sensitive ahead of May polls
(Adds union appealing decision, quote from judge)
MAPUTO/JOHANNESBURG Parts of Mozambique were cut off on Friday as a tropical storm battered the coast and the major port city of Beira with heavy rain and winds of up to up 170 kph (105 mph).
* 2018 economic growth at 0.8 percent
(Adds more details, analysts comments)
* South African power firm Eskom gets 23 bln rand a year
CAPE TOWN South Africa will bail out state utility Eskom with 69 billion rand ($4.9 billion) over three years, the centrepiece of a budget that exposed the limited room President Cyril Ramaphosa has to fix the economy ahead of an election in May. | Video
* Ramaphosa struggles with divided party before May vote
(Adds Moody's, market reaction, Eskom chair, more Mboweni)
JOHANNESBURG/CAPE TOWN South African President Cyril Ramaphosa said his plan to divide struggling state power firm Eskom into three units would minimize risks to the economy, as a fifth day of power cuts hurt businesses and drove the rand to a six-week low on Thursday.
JOHANNESBURG, Feb 8 Investors on Friday raised
their bets on a weaker South African rand as the options premium
for buying currency jumped and implied volatility rose to its
highest in a month, just days ahead of the budget speech and
national elections in May.