R/€ = 16.06 Change: 0.00
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Au 1220.90 $/oz Change: 0.31
Pt 840.50 $/oz Change: -5.76


EFF to take Zuma and Cabinet to court over Nkandla

1st June 2015 The Economic Freedom Fighters (EFF) wants to take legal action against President Jacob Zuma, Police Minister Nathi Nhleko, Public Works Minister Thulas Nxesi and the Cabinet for what it said was a legal breach of the Constitution regarding the Nkandla matter. "These parties have conspired to... 

Molefe vows no planned load-shedding this winter

29th May 2015 South Africans could be living without load shedding this winter, if acting Eskom CEO Brian Molefe gets his way. Speaking at the launch of the Transnet Development Hub on Friday, Molefe said planned maintenance was mostly completed and so the utility was able to generate more power to meet the... 

World Cup scandal may have tarnished SA's image, economist says

29th May 2015 Revelations that two South Africans allegedly bribed Fifa with $10-million for the country to host the 2010 Soccer World Cup may have tarnished the country’s image, economist Mike Schussler said on Thursday. “The scandal has taken some of the shine off. If we’re seen as a country prepared to... 

Load shedding breather for SA power users

29th May 2015 Eskom said on Friday there was currently no planned load shedding as it had enough generating capacity to meet the demand. This follows the first full day without load shedding in a month after Eskom resumed power cuts on April 29, breaking a five-day streak of no load shedding. 

Two bodies found near mine

28th May 2015 Security guards at the Aquarius Platinum Mine in Kroondal, assisted by the Rustenburg police, found two bodies with their hands and legs tied from behind in a field outside the mine premises. The guards were chasing suspected copper thieves when they made the grisly discovery. 

Gloves off in Winelands toll saga

28th May 2015 A clash of ideology between Sanral and the Democratic Alliance (DA) about the Winelands toll road project gained steam on Thursday when the two bodies argued over the impact it would have on the agriculture sector in the Western Cape. “Once again, the DA got it plain wrong on the toll roads in... 

Maimane tweets extract of Nkandla report

28th May 2015 Democratic Alliance leader Mmusi Maimane tweeted a photo of a page from the police minister's report on the upgrades at President Jacob Zuma's private home in Nkandla ahead of its release to the media later on Thursday. “This is at my desk now. Working through it now,” tweeted Maimane after Zuma... 

Vavi: SA teetering on a knife-edge

28th May 2015 The figures released by Statistics SA reveal a horror story of unbelievably bad news for workers and the South African economy, said Zwelinzema Vavi on Wednesday. “Now more than ever we need to declare that we have a national emergency. No country can survive such levels of unemployment and low... 

Joburg, CT most improved in global cities index

28th May 2015 Johannesburg and Cape Town are showing improvement in the spheres of political engagement and human capital respectively, according to a global report. Partner at AT Kearney Johannesburg, Wim Plaizier, told Fin24 that the growth of political engagement in Johannesburg is being driven by the... 

Nkandla announcement postponement 'beyond' Nhleko's control

27th May 2015 Police Minister Nathi Nhleko said on Wednesday night that reasons “beyond his control” led to him cancelling a news conference where he would have made public his long-awaited Nkandla report. According to Nhleko's spokesperson Musa Zondi the need to follow parliamentary processes was why the... 


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