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Au 1252.55 $/oz Change: 6.24
Pt 934.50 $/oz Change: 6.00


Cape Town dams 25.4% full

11th July 2017 Despite an increase in water levels since June, the City of Cape Town says dam storage levels and usable water are still very low. The city said in a statement on Monday that dam storage levels were at 25.4% and usable water levels were at approximately 15.4%. Water levels have increased by 6%,... 

Icasa inquiry plans to slash data prices

11th July 2017 The Independent Communications Authority of South Africa (Icasa) will hold an inquiry to try and reduce the country's high data costs. The inquiry will consist of four phases: a market study, discussion document, public hearings, and findings document, Icasa spokesperson Paseka Maleka said in a... 

Treasury must remain independent, says Pandor

11th July 2017 Treasury in a democratic country must remain independent, African National Congress (ANC) National Executive Congress (NEC) member Naledi Pandor said on Monday. She appeared to disagree with a proposal made at the ANC’s national policy conference last week, that the budget and resource allocation... 

NPA eyeing prosecution over PRASA billions

10th July 2017 The National Prosecuting Authority (NPA) may decide at the end of July whether or not it will prosecute anyone over allegedly corrupt contracts worth billions of rands awarded by the Passenger Rail Agency of South Africa (PRASA). The NPA has told News24 that its Specialised Commercial Crime Unit... 

Bus set alight in Durban protest

7th July 2017 A small group of protesters set alight a municipal bus in Mayville, Durban, on Friday morning, KwaZulu-Natal police said. The protesters are believed to be demanding land to build houses, provincial police spokesperson Thulani Zwane told News24. 

Monopoly capital 'has no colour, gender or faith' – Cronin

6th July 2017 SACP deputy general secretary Jeremy Cronin says the idea of monopoly capital is a reality that has always been around, but it has no colour, gender or faith. Cronin told News24 on the sidelines of a Cape Town Press Club event on Wednesday that the Communist Party has a long history with the idea... 

Harsh summer predicted for 2018 – Cape Town

5th July 2017 The City of Cape Town on Monday warned residents to conserve more water as a harsh summer is predicted for the city in 2018. In a statement, the city said residents should use less than 87l of water per person per day. 

City Power MD fired

4th July 2017 The managing director of Johannesburg’s power utility City Power has been relieved from all his contractual responsibilities, City of Johannesburg mayor Herman Mashaba said on Monday. In a statement, Mashaba said a forensic report tabled in front of City Power’s board last week detailed serious... 

Business should stay out of governing – Zwane on Mining Charter

4th July 2017 Mineral Resources Minister Mosebenzi Zwane has defended the new Mining Charter. Speaking to the media on the sidelines of the ANC's National Policy Conference in Johannesburg, Zwane said "business should do business" and leave governing and legislative decision-making to government. 

Mashaba opens criminal case against building contractor

4th July 2017 City of Joburg mayor Herman Mashaba on Monday announced that he had opened a criminal case against a substation contractor who was awarded contracts worth R212-million. “I will ensure that those found wanting, following these investigations, will face the full might of the law and that any stolen... 


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