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Reuters

Transnet selects US firm to build diesel trains

30th August 2007 South Africa's state-owned transport and logistics group, Transnet said on Thursday it had selected US-based manufacturer Electromotive Diesel (EMD) to build 212 diesel locomotives. 

Camec vows to fight Congo licence revocation

30th August 2007 Mining group Camec said it would fight the Democratic Republic of Congo's (DRC) move to revoke its mining licenses -- a decision it said was intended to derail the company's pursuit of Canada's Katanga Mining. 

Camec makes C$1,5bn bid for Katanga

29th August 2007 London-listed Central African Mining & Exploration launched a formal offer for Katanga Mining Ltd on Wednesday, but Katanga CE Arthur Ditto said he was not interested. 

Kenya says GDP to grow by 6,9% - 7% by end '07

27th August 2007 Kenya's economy is expected to grow by between 6,9% and 7% by the end of 2007, compared with 6,1% in 2006, the finance minister said on Monday. 

World gasoline prices ease on cheaper crude oil

24th August 2007 A recent tumble in crude oil prices has made gasoline less expensive at the pumps over the past month, providing some relief for drivers in many parts of the world, a Reuters poll showed on Thursday. 

Gold Reef says it is in exclusive $1,4bn buy-out talks

13th August 2007 South African casino operator Gold Reef Resorts is in exclusive talks with a private equity consortium about a cash takeover that values the firm at about 9.85 billion rand.  

UK state firm to build 200 MW Cameroon hydro plant

10th August 2007 Sud Energie, controlled by British state-owned emerging markets power generator Globeleq, has signed a deal to build the new 200 megawatt (MW) Memve'ele hydropower station in Cameroon. 

SA fuel industry strike could end soon

6th August 2007 South Africa's fuel industry strike could come to an end as early as Monday if the unions accept a revised offer, labour representatives said on Sunday.  

Gold edges higher as stock markets rebound

2nd August 2007 Gold edged higher on Thursday in subdued trade as global financial markets rebounded after falling sharply the previous session on prevailing risk aversion. 

Angloplat decision on Twickenham by Q1 2008

30th July 2007 Capital costs have climbed for Angloplat's long-delayed, multi-billion rand Twickenham project and a decision on whether to build it will be made by early 2008, a top official said on Monday. 

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