R/€ = 16.49 Change: 0.18
R/$ = 13.99 Change: 0.17
Au 1294.20 $/oz Change: 4.20
Pt 953.50 $/oz Change: 5.50


Drought: City doesn't live up to water augmentation promise

24th October 2017 The City of Cape Town has admitted that it will only be able to augment water supply to the drought-stricken Mother City by about half of the amount it promised previously. About two months ago, Cape Town Mayor Patricia de Lille said the city aimed to augment current water supply by 500-million... 

Department of agriculture to help farmers stop the spread of bird flu

24th October 2017 A total of 92 locations have tested positive for highly pathogenic avian influenza (HPAI), also known as bird flu, the Department of Agriculture, Forestry and Fisheries has confirmed. The department said in a statement that affected birds are divided into distinct categories, namely, commercial... 

High Court to hear Zuma's State of Capture report review application

24th October 2017 The North Gauteng High Court is on Tuesday expected to hear President Jacob Zuma's application to review the remedial action contained in former Public Protector Thuli Madonsela's State of Capture report. The case has been set down for three days. 

SA not in a crisis – economist

23rd October 2017 South Africa is not necessarily in a crisis, according to Lesiba Mothata, executive chief economist at Alexander Forbes Investments. He based his view on a comparison to other emerging market examples of banks failing systematically, crises of the outright loss of fiscal policy and "Hungarian... 

Hydro-economics: Egypt, Ethiopia and the Nile

23rd October 2017 Water ministers from Egypt, Sudan and Ethiopia have gathered last week to discuss how Africa's largest hydroelectric dam will affect water distribution and access to the Nile. The Grand Ethiopian Renaissance Dam (GERD) is 60% complete and has yet to go into operation. The $4.8-billion megaproject... 

Brian Molefe’s young wife boosted his pension payout

20th October 2017 Former Eskom CEO Brian Molefe's marriage to Arethur Moagi in December 2016 boosted his pension payout, according to Sibusiso Luthuli, CEO of the Eskom Pension and Provident Fund (EPPF). Luthuli was briefing Parliament’s public enterprises committee as part of its state capture inquiry. 

'Implement water demands, or we'll ask for you to be placed under administration' – ANC

20th October 2017 The Western Cape African National Congress (ANC) says it intends calling for the provincial government and City of Cape Town to be placed under administration for their dismal handling of the ongoing water crisis. ANC provincial leader Khaya Magaxa said on Thursday that they would approach the... 

Time and money – two major obstacles in tackling Cape Town's water crisis

19th October 2017 Desalination plants and other plans, which are in the pipeline for Cape Town to help alleviate the water crisis, will probably cost the city billions of rand, and it is not yet clear where this money will come from. Another possibly hampering factor could be the time it will take to construct... 

Sixth death in platinum belt in three months

19th October 2017 British platinum mine giant Lonmin has raised "deep concerns" following the death of employee Tholakele Dlunga this week, the sixth in the platinum belt in the North West in the past three months. "Lonmin is deeply concerned by the recent fatal shootings across the platinum belt. The company is... 

Chamber files for review of 'disastrous' Mining Charter

18th October 2017 The Chamber of Mines filed an application in the North Gauteng High court on Tuesday to have a judicial review and setting aside of the Mining Charter. According to the founding affidavit, the Charter released by Mineral Resources Minister Mosebenzi Zwane on June 15 had, and continues to have, a... 


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