Precious metals are higher

Precious metals are higher
Gold has risen in quiet trade as investors bet that upcoming remarks from the Federal Reserve chief would signal a continuation of current US monetary policy. The most-actively traded contract, for February … Bernanke, however, is widely expected to …
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Robert Mugabe to re-possess BIPPA farms
Germany has accused Zimbabwe President Robert Mugabe's Zanu-PF ruling party of betrayal after its senior officials invaded a prime game reserve run by German investors. Mr Hans-Gunter Gnodtke, Germany's ambassador to … Ranchers under the aegis of the …
Read more on The Zimbabwe Mail

Basel 3 liquidity easing may cut costs for SA banks
"The immediate effect on South African banks … in terms of the revised regulations issued by the Basel committee will be a reduced need for a liquidity facility from the Reserve Bank, which should have some cost savings for the banks that intended to …
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