Johannesburg | Reuters –– Glencore has increased its debt reduction target and deepened its capital spending cuts, stepping up its response to lower commodity prices and boosting its battered shares […] Read more

Glencore shares jump on debt reduction moves, spending cuts

Glencore to rein in debt as commodity slump persists
Reuters — Mining and trading company Glencore acknowledged on Monday the severity of the global commodity market slump as it suspended dividends and said it would sell assets and new […] Read more
South Africa raises minimum farm wage after strikes
South Africa raised the minimum wage for farm workers by up to 50 per cent on Monday in response to a wave of violent strikes, but farmers said the increase […] Read more