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Richards Bay derailment loses 400,000 tonnes coal

LONDON (Reuters) - A derailment on Saturday on the line to South Africa"s Richards Bay Coal Terminal (RBCT) has resulted in a loss of around 400,000 tonnes of coal and pushed RBCT stocks down to 2 million tonnes, transport sources said.

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IBM weighs more investments in S.Africa

JOHANNESBURG (Reuters) - IBM may consider building a software development laboratory in South Africa to invent, create and maintain software commercial products, the head of its Software Group division said on Tuesday.

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Nigeria: N1.8 Trillion Revenue Realized in First Quarter - CBN

The total federally collected revenue during the first quarter of 2008 stands at N1.8 trillion, representing an increase of 25.2 and 11.2 per cent over the proportionate budget estimate and the preceding quarter"s level respectively, the Central Bank of Nigeria (CBN) has said.

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Africa fish fall blamed on Japan