Channel Africa Economy Newshttp://www.channelafrica.org/portal/site/ChannelAfrica/Ireland still mulls keeping Anglo rump -ministryhttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=9aab445ed96ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-062010-09-06Keeping a part of Anglo Irish Bank open for business remains an option, the finance ministry said on Monday, denying media reports that it has already decided to ask Brussels to wind it down gradually.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=9aab445ed96ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaDraft code for responsible investing releasedhttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=8f08445ed96ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-062010-09-06The draft code for responsible investing by institutional investors in South Africa has been released for public comment, it was announced on Monday.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=8f08445ed96ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaCartel in tyre industry uncoveredhttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=f4a5cd99966ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-062010-09-06A Competition Commission investigation has uncovered a cartel in the tyre manufacturing industry, it said on Monday.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=f4a5cd99966ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaDollar vulnerable, hovering near 15-year low vs yenhttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=a502d7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-062010-09-06The dollar dipped on Monday and looked poised to test a 15-year low against the yen after failing to retain gains made after U.S. jobs data, although caution about Japanese intervention deterred further yen buying.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=a502d7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaGold steadies on bargain hunting; ETF holdings diphttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=2570d7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-062010-09-06http://www.channelafrica.org/CHANNELAFRICA/Home/English/News Images/gold-.jpgGold held steady on Monday as bargain hunting helped the metal defy pressure from firming stock markets and shrug off growing optimism the U.S. economy would not fall back into recession.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=2570d7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaOil dips towards $74 on US glut at driving season endhttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=8dafd7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-062010-09-06Oil fell for a second straight session on Monday as the end of the driving season in the United States and record petroleum stockpiles there fuelled doubt that supplies would drain in the face of tepid economic growth.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=8dafd7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaSouth Africa's rand firmer against dollar, focus on rateshttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=ad4ed7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-062010-09-06http://www.channelafrica.org/CHANNELAFRICA/Home/English/News Images/Economy/50 rand notes.jpgSouth Africa's rand hovered near 2-1/2 year highs against the dollar on Monday and was expected to trade within a 10-cent range, with the market having already priced in a likely domestic interest rate cut this week.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=ad4ed7a94e5ea210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaKenyan shilling seen firming steadilyhttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=0e9a2f3da87da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-032010-09-03Kenya's shilling could strengthen to 78.88 per dollar by the end of June 2011, lifted by a new constitution and an improvement in the country's current account balance, a Reuters poll showed on Friday.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=0e9a2f3da87da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaNigeria sees demand for eurobond, plans Oct-Nov issuehttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=bc1652b6c67da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-032010-09-03Nigerian Finance Minister Olusegun Aganga said on Friday he saw strong appetite for a planned $500 million debut global bond and bookrunners were being appointed with the aim of an October or November issue.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=bc1652b6c67da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaZimbabwe tobacco sales end with record crophttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=03fe52b6c67da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-032010-09-03Zimbabwe's tobacco sale closed Friday with a record crop of 122 million kilogrammes having been sold, which officials attributed to the increase of small-scale farmers joining the industry.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=03fe52b6c67da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfricaChevron to begin explorations off Liberia?s coasthttp://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=0f3c52b6c67da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=default2010-09-032010-09-03The head of Liberia's state-owned oil company says it has signed an agreement with Chevron Corp. to begin explorations off the country's coast.http://www.channelafrica.org/portal/site/ChannelAfrica/menuitem.0440eb803775db47ee41ee41674daeb9/?vgnextoid=0f3c52b6c67da210VgnVCM10000077d4ea9bRCRD&vgnextfmt=defaulthttp://www.channelafrica.org/portal/site/ChannelAfrica