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African News Agency

Government confirms lawsuits from Marikana victims total close to R1.2bn

15th March 2017 Government has been served with summonses of claims of over R1.1-billion in compensation from the victims of the Marikana massacre, which claimed the lives of 34 people on April 16, 2012, and ten others in the preceding week, it emerged in Parliament on Tuesday. Briefing Parliament’s portfolio... 

Oakbay Resources' CEO resigns

15th March 2017 Oakbay Resources and Energy, which is owned by the controversial Gupta family, announced on Wednesday that its CEO Jacques Roux had resigned with effect from the end of this month. Roux took over from Varun Gupta in May last year. 

Free State court hands down lengthy jail terms to 22 illegal miners

15th March 2017 The Virginia High Court on Tuesday, imposed lengthy jail sentences to 22 convicted illegal miners, the Directorate for Priority Crime Investigation (the Hawks) said. “Lovemore Chaba Mlambo, 35, the man behind all illegal operations in Masimong mine, will serve 25 years imprisonment as the charges... 

Commonwealth Games too costly – Mbalula

14th March 2017 The expectation that the South African government would have to provide more money than Cabinet had approved for the Commonwealth Games could not be sustained in the current economic environment, the Sport and Recreation Minister Fikile Mbalula said. Mbalula was speaking at the Moses Mabhida... 

Go Life, Elysium deal expands market to 2.5bn people

14th March 2017 Go Life International announced on Tuesday that it had agreed a strategic partnership with Elysium Healthcare that would enable the two companies to reach an estimated 2.5 billion people across 25 countries. Go Life, an integrated life sciences group with a range of patented technologies,... 

Bleeding at South Africa’s State-owned oil company continues, MPs told

14th March 2017 State-owned oil company PetroSA is set to suffer a projected devaluation of assets of R1.1-billion this financial year in addition to the R14.5-billion impairment it suffered in the 2014/15 financial year, MPs heard on Tuesday. Briefing parliament’s portfolio committee on energy, PetroSA board... 

Grayston drive bridge inquiry postponed again

14th March 2017 The Department of Labour’s commission of inquiry into the Grayston Drive bridge collapse along the M1 which was scheduled to resume at the end of the month has been postponed again, the department said on Tuesday. The inquiry, scheduled for March 27 to May 4, was postponed due to “technical... 

Rain dampens PPC cement sales for January and February

13th March 2017 Cement producer PPC said on Monday that adverse weather had negatively affected cement and concrete sales in South Africa during January and February 2017. PPC was providing an operational update which reflected that rainfall in excess of 200 mm was experienced in many parts of the country during... 

Sars to lay complaint with JSC against Judge Dennis Davis

10th March 2017 The South African Revenue Service (Sars) on Friday accused Judge Dennis Davis of “unashamedly” misleading the public by claiming that the revenue services was at a risk of imploding. This comes after Davis, chairperson of the Davis Tax Committee, addressed a conference on tax evasion and illicit... 

Safeguarding cargo not sole responsibility of police, ACSA – CEO

9th March 2017 Companies dealing with handling cargo with valuables at airports should have their own security measures in place apart from those provided by the SA Police Service (SAPS) and the Airports Company of South Africa (ACSA), its CEO Bongani Maseko said. He said although cargo security was a... 

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