R/€ = 16.23 Change: 0.01
R/$ = 14.43 Change: -0.05
Au 1203.16 $/oz Change: -17.67
Pt 845.50 $/oz Change: -16.34


US Hitachi net may spread to Eskom

30th September 2015 Startling revelations following investigations by the US Securities and Exchange Commission have lifted the veil of secrecy in the relationship between ANC funding front Chancellor House and Hitachi Power Africa. The case has also raised questions about possible manipulation of major contracts at... 

Motorists furious about Sandton carmageddon dry run

29th September 2015 Motorists heading into the Sandton CBD on Tuesday morning expressed their anger on social media about road closures and backed-up traffic during a dry run for the looming EcoMobility World Festival. To make things worse, the afternoon peak was expected to see another dry run take place for the... 

R10.8bn flows out of SA illegally

29th September 2015 A total of R10.8-billion was illegally transferred out of South Africa during the past year, according to national police commissioner general Riah Phiyega. She and Police Minister Nathi Nhleko released South Africa's crime statistics for the past year on Tuesday.   

China leads tourism slump to SA

28th September 2015 A comparison between June 2014 and June 2015 shows that, with the exception of France, the number of tourists decreased for all the other nine leading overseas countries, according to data released by Statistics SA on Monday.  China had the largest decrease of 28.4% - from 5 823 tourists in June... 

R700m buy could be behind Denel suspensions

28th September 2015 Serious cash flow problems after the recent acquisition of the local vehicle manufacturing component of BAE Systems Land Systems for more than R700-million are rumoured to be a possible reason for the suspension of three top managers at SA weapons manufacturer Denel, Netwerk24 reported on Monday.... 

Bodies of 5 illegal miners found in Springs

28th September 2015 The bodies of five men believed to be illegal miners were found at the Grootvlei mine in Springs on Monday morning, Ekurhuleni metro police said. They appear to have been shot somewhere else and then brought to the side of a path, where a woman on her way to work found them shortly after 06:00,... 

Marikana legal aid what we wanted – organisation

25th September 2015 Legal Aid SA's appeal to the Constitutional Court about providing legal assistance to the miners arrested and injured at Marikana provided the clarification they were looking for, the organisation said. "Legal Aid SA’s primary objective to appeal the High Court judgment was to obtain clarity on... 

Denel CEO put on special leave pending probe

25th September 2015 State-owned defence manufacturer Denel on Wednesday placed three senior executives on special leave pending an investigation. Fin24 received a tip-off on Friday that the board placed CEO Riaz Saloojee, chief financial officer Fikile Mhlontlo and group company secretary Elizabeth Africa on special... 

Stop divisive attacks over Homo naledi – Makhura

25th September 2015 The discovery of Homo naledi, a new species of a human ancestor, should unite and not divide people, Gauteng Premier David Makhura said on Thursday. "Africa is the beginning of humankind. Our diversity does not detract from the fact that we have a common ancestry," Makhura said at The Cradle of... 

Altron to sell Autopage subscriber base for R1.5bn

23rd September 2015 Local mobile networks are set to pay technology group Altron over R1-billion for its Autopage subscriber base, according to a market update. In May, Johannesburg Stock Exchange (JSE) listed Altron said it is at an advanced stage of negotiations regarding the potential disposal of Altech... 


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