R/€ = 14.80 Change: 0.03
R/$ = 12.03 Change: 0.04
Au 1341.73 $/oz Change: 5.27
Pt 1007.00 $/oz Change: 13.38


Police disperse striking workers at Medupi

28th April 2015 Police have a dispersed a group of striking workers who attempted to block a road at the Medupi power station near Lephalale on Tuesday morning, Limpopo police said. "A group of striking workers attempted to block the road, however they were dispersed by police," Colonel Ronel Otto said. 

Intelligence committee to deal with letter about SARS 'crisis'

23rd April 2015 Parliament's intelligence committee is dealing with a letter sent by former South African Revenue Service spokesperson Adrian Lackay, relating to the crisis facing the organisation. Lackay electronically sent a 29-page letter to the joint standing committee on intelligence and the standing... 

Xenophobic attacks a big worry for business

22nd April 2015 In a strongly-worded statement, Business Against Crime South Africa (Bacsa) said on Tuesday it is clear that the recent xenophobic attacks cannot be managed by the South African Police Service alone, and it is therefore calling on President Jacob Zuma and the South African National Defence Force... 

Eskom announces evening load-shedding

21st April 2015 Eskom will implement stage 1 load shedding (1 000 MW cut) for the tenth day in a row, but only from 17:00 to 22:00 on Tuesday as it tries to minimise the power cuts during the day. The power utility informed users via Twitter just before 14:00. Earlier on Tuesday, Eskom announced that there will... 

SA companies not pulling out of Africa amid xeno threats

21st April 2015 SA mining companies in Zimbabwe and several other Africa operations have not been targeted by the wave of retaliatory action over the recent xenophobic attacks in Durban and Johannesburg. Officials and sources at most mining companies in Zimbabwe and executives from the chamber of mines said as... 

Davies urged to come clean after CIPC head quits

20th April 2015 The Companies and Intellectual Property Commission (CIPC) is in "deep trouble" and possibly on the "verge of collapse", according to the Democratic Alliance (DA). This follows the shock resignation on Monday of CIPC commissioner Astrid Ludin, who told staff that she could not continue “without... 

US amendment turns up heat in 'chicken war'

17th April 2015 Two influential US senators, central to the so-called ‘chicken war’, have announced their intention to pursue amendments to the African Growth and Opportunity Act (Agoa) to secure greater access for US poultry into the SA market. “We believe passionately in Agoa’s value and support its long-term... 

Eskom adds stage four to load shedding schedule

17th April 2015 South Africans could soon experience their first-ever stage four load-shedding, after Eskom confirmed that the stage allocation would be altered. The current stages of load-shedding are stage 1, when 1 000 MW is cut from the grid; stage 2, when 2 000 MW is cut from the grid; and stage 3, when... 

Poor job prospects deprive SA of youth boom

16th April 2015 South Africa does not look likely to reap the "demographic dividend" of a growth spurt in the working age population because of high unemployment levels, particularly among the youth, statistician general Pali Lehohla told media on Thursday. Addressing a media briefing at Parliament, Lehohla said... 

Set-top box tender winners revealed

16th April 2015 The names of 26 bidding organisations that have each won a piece of South Africa’s R4.3bn set-top box tender have finally been revealed by the state agency tasked with the project. Last week, the Business Day newspaper reported that all bidders for the set-top box tender had each won a slice of... 


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