R/€ = 15.65 Change: -0.02
R/$ = 13.77 Change: -0.04
Au 1283.24 $/oz Change: -10.62
Pt 798.02 $/oz Change: -5.84


Ramaphosa calls on private sector to assist with fighting corruption

11th January 2019 Corruption has become a big issue that has to be addressed by the whole nation, President Cyril Ramaphosa said on Thursday. Ramaphosa told business leaders at a meeting in the Pietermaritzburg City Hall, that a number of issues, especially corruption, were hampering economic development in the... 

SACCI business confidence dips in December

10th January 2019 The SA Chamber of Commerce and Industry’s (SACCI's) Business Confidence Index (BCI) fell marginally in December 2018, signalling "little real progress in economic performance”. The BCI index came in at 95.2 index points for December 2018, a decrease of 0.9 index points month-on-month. 

Second member resigns from Ramaphosa's Eskom task team

10th January 2019 A second member of President Cyril Ramaphosa's task team on Eskom has stepped down, the Presidency spokesperson Khusela Diko confirmed to Fin24. Diko told Fin24 on Thursday via Whatsapp that Sy Gourrah of Actom had asked to leave the task team in December. 

We will focus on improving school infrastructure in 2019 – Motshekga

10th January 2019 Basic Education Minister Angie Motshekga says one of her department's priority areas this year will be improving the infrastructure of high schools. The minister was in KwaZulu-Natal for the start of the 2019 school year. Speaking to the SABC at Wembezi Secondary School in Estcourt on Wednesday... 

City of Tshwane teams scurry to restore power to storm-hit areas

9th January 2019 City of Tshwane officials are working hard to restore power to areas affected by a storm that hit Pretoria and surrounding areas on Tuesday evening, which led to outages and several fallen trees. Areas affected by the storm include Irene, Olympus, Monavoni, Saulsville, Raslouw, Heuwelsig,... 

Estimated cost of Pretoria train crash is R21m – Metrorail

8th January 2019 The estimated financial cost of Tuesday's train collision in Pretoria amounts to R21-million, Metrorail spokesperson Lillian Mofokeng said. Mofokeng was speaking at the scene, as the two remaining bodies trapped under the wreckage were removed. Three people have been confirmed dead as a result of... 

SAA secures R3.5bn loan to keep operating until March

8th January 2019 South Africans Airways (SAA) says it has secured the R3.5-billion loan it needed to keep operating until the end of the financial year in March, providing a temporary relief for the cash-strapped airline. The loss-making flag carrier, which is battling cash flow challenges, is implementing a... 

Minister says no conflict of interest in Zille's son's involvement in education project

20th December 2018 There was no conflict of interest in Western Cape Premier Helen Zille offering assistance to an educational workshop programme involving her son in 2014, says Basic Education Minister Angie Motshekga. The minister came out in support of Zille following a finding by Public Protector Busisiwe... 

Greenhouse gas emissions cap poses serious threat, warns activist group

20th December 2018 World governments at the UN climate talks in Poland failed to respond adequately to the climate crisis, which would have serious consequences, particularly for Africa, according to The regional branch of the global climate activist organisation echoed what many NGOs and experts... 

Mashaba lambasts MEC over reduction in housing grant

19th December 2018 City of Johannesburg Mayor Herman Mashaba has lambasted Gauteng MEC Uhuru Moiloa about the reduction of the Human Settlements Development Grant (HSDG) for the municipality. "Earlier this year, the provincial government, without warning or reason, reduced the City's Human Settlements Development... 


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