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BP to Supply PetroSA With 3 Condensate Lots From Oct 21 Aug 2006 Basic Industries |
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SINGAPORE Oil major BP will supply South Africa's state-owned PetroSA with three 300,000-barrel cargoes of condensate from end-October onwards, after a term contract with Shell expired in July, |
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Sanlam sees higher H1 profit 18 Aug 2006 Basic Industries |
| South Africa's second-biggest insurance group Sanlam said it expects first-half headline earnings per share to increase as much as 38 percent, driven by new business and strong equity |
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ADM, Wilmar to Process Shea Nuts in Ghana 17 Aug 2006 Basic Industries |
| Agricultural processing giant Archer Daniels Midland and Singapore's Wilmar Holdings will launch a joint venture in Ghana to process shea nuts into butter and oils, a spokesman for the venture |
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Newmont Sees Gold output Down Till '08 21 Jul 2006 Basic Industries |
| Major gold miner Newmont's output will be slightly down in 2006 and 2007 before it begins to rise in 2008, Chief Executive Wayne Murdy said, adding that he expected gold prices to remain strong |
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S.Africa Construction Slows in Q2 - BER Survey 17 Jul 2006 Basic Industries |
| Cfor residential buildings fell, but activity remained strong, an independent survey showed on Monday.
Construction is the fastest growing sector in Africa's biggest economy, and expanded by |
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Honeywell Enters Kenyan Market 7 Jul 2006 Basic Industries |
| Honeywell Process Solutions has entered the kenyan market in a major expansion drive.
The firm’s regional general manager for Africa, Jason Whitehead, said the move was driven by the need to grow |
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300 Firms In Uganda Register For Diesel Tax Waiver 30 Mar 2006 Basic Industries |
| Three hundred companies have registered to be considered for tax waivers on fuel used in generators but are frustrated by the Government's reluctance in effecting the requests.
We have made |
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Oil Prices Remain Above US$64 Amid Strong Demand 29 Mar 2006 Basic Industries |
| Crude oil futures held steady at above US$64 a barrel Tuesday amid strong demand sparked by the oncoming U.S. driving season and nagging worries about supply from Iran and Nigeria. Prices were firm |
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ConAgra Foods Plans to Sell Businesses 16 Mar 2006 Basic Industries |
| Focusing on what it calls its "highest potential brands," ConAgra Foods Inc. said Thursday that it plans to sell its seafood and cheese lines in addition to the planned sale of its |
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DuPont to Cut 1,500 Jobs, Raises Outlook 16 Mar 2006 Basic Industries |
| Chemicals maker DuPont Co. said on Wednesday it plans to cut 1,500 jobs and close four facilities in Europe as it restructures its performance coatings business. The company also raised its earnings |
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Del Monte Foods to Acquire Milk-Bone 16 Mar 2006 Basic Industries |
| Del Monte Foods Co., one of the nation's largest distributors of canned fruit and vegetables, said Thursday it is adding more pet products to its business, agreeing to acquire Milk-Bone dog |
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Firm Failed to Protect U.S. Troops' Water 16 Mar 2006 Basic Industries |
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Halliburton Co. failed to protect the water supply it is paid to purify for U.S. soldiers throughout Iraq, in one instance missing contamination that could have caused "mass sickness or |
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Venezuela Warns Total on Tax Payment 15 Mar 2006 Basic Industries |
| Venezuela's tax authority warned the French oil firm Total SA that it could have its administrative offices shut as soon as Friday if it fails to pay a US$107 million (euro89 million) tax |
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CVRD: China to Fuel Demand for Iron Ore 15 Mar 2006 Basic Industries |
| Robust economic growth and urbanization in China will continue to fuel strong long-term demand for iron ore, an executive with the world's largest iron ore producer said Wednesday.
"We |
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Mittal Presents Arcelor Takeover Plan 15 Mar 2006 Basic Industries |
| Mittal Steel Co. on Wednesday presented the Luxembourg government with plans for the proposed takeover of its rival Arcelor SA.
A statement from the Luxembourg government said it would "study |
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