R/€ = 15.94 Change: -0.05
R/$ = 14.11 Change: -0.03
Au 1322.36 $/oz Change: 7.36
Pt 805.58 $/oz Change: 18.12


Giyani water project subcontractor 'determined to fight to the end'

23rd January 2019 Khato Civils, the subcontractors removed from the R3bn Giyani water project, is preparing to fight tooth and nail for its reinstatement. This follows the water and sanitation department's announcement on Tuesday that the contract between Lepelle Northern Water (LNW) and LTE Engineering had been... 

World Bank says Eskom simply too big to fail

22nd January 2019 The World Bank has argued that Eskom is too big to fail, and the South African economy would not withstand a financial meltdown of the cash-strapped power utility. "It is just too big to allow it to disintegrate, and fixing all these pieces will be costlier than trying to reform it," the bank’s... 

AMCU march: Motorists warned to stay out of Joburg CBD

22nd January 2019 Motorists have been warned to avoid certain areas of the Johannesburg CBD on Tuesday morning, due to a march by the Association of Mineworkers and Construction Union (AMCU). According to JMPD spokesperson Wayne Minnaar, the march was due to start at 11:00 at the Westgate Transport Hub and move... 

Mokonyane not aware of any allegations against her at state capture commission

21st January 2019 Environmental Affairs Minister Nomvula Mokonyane's office says it knows nothing about claims implicating her in testimony before the state capture commission of inquiry and says it will be "impolitic" to engage reports claiming otherwise. Weekend newspapers reported that Mokonyane would be among... 

E-toll contract not renewed but extended – Electronic Toll Collection

18th January 2019 The Electronic Toll Collection (ETC) says its Gauteng e-toll contract with the South African National Roads Agency (Sanral) has been extended - not renewed. It says the extension was made as per the provisions of the contract entered into between the parties in 2009. This was after the Democratic... 

Popo Molefe says new board found 'horror show' at Transnet

17th January 2019 State-owned freight rail company Transnet has issued summons to former top executives it says are implicated in financial mismanagement with a view of recouping some of the squandered money. Popo Molefe, chair of the Transnet board, said on Thursday morning at a media briefing that civil claims... 

Old Conradie hospital project could be 'make or break' for housing system, says Zille

17th January 2019 Western Cape Premier Helen Zille said the "pioneering" housing project expected at the site of the derelict old Conradie Hospital in Cape Town could "make or break" the current housing system. A R3-billion mixed-income residential project, set for the vast grounds of the old hospital could... 

Transnet issues summons to top former execs

17th January 2019 Transnet says it has issued summons to former top executives implicated in financial mismanagement with a view of recouping some of the squandered money.  Popo Molefe, chair of the Transnet board, was on Thursday giving the media an update on the operational status of the State-owned freight rail... 

Festive season road death toll increases to 1 612

16th January 2019 Minister of Transport Blade Nzimande on Wednesday announced an increase in the number of fatalities experienced on the roads during the festive season. According to preliminary figures, 1 286 car accidents were recorded during the 2018/2019 festive season, which resulted in 1 612 fatalities. "We... 

Bethal water crisis: Rand Water curbs supplies over outstanding municipal debt

16th January 2019 Fed-up Bethal residents, who have had little or no water over the last 25 days, have launched a silent protest to draw attention to their plight. But it didn't quite go according to plan. "The original plan was to get as many residents as possible to gather at the Bethal Dam and then have one... 


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