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


Development programme to equip Welkom residents with mining skills

16th October 2017 Harmony Gold says an agreement has been reached with the Matjhabeng municipality and the Unemployment Forum to implement a special community development programme that will equip residents in certain Free State communities with mining skills. Harmony Gold spokesperson Max Manoeli said the... 

Mkhwebane seeks delay in Bankorp review – report

13th October 2017 Public Protector Busisiwe Mkhwebane has requested that a review of the Bankorp-CIEX report be postponed. According to a report by EWN, the Public Protector has asked the deputy judge president of the North Gauteng High Court to delay the review of the report until January 2018, following reports... 

Warning that Cape Town's water outages could cause solar water geysers to 'explode'

13th October 2017 Water outages to preselected suburbs by the City of Cape Town could lead to solar water geysers "exploding", an electrical and electronic engineer warned on Thursday. The City on Monday announced that Phase One of its Critical Water Shortages Disaster Plan came into effect which would cause water... 

South African Weather Service battered by faulty equipment, decries CEO

13th October 2017 The South African Weather Service (SAWS) has blamed the poor state of their equipment for failing to warn citizens earlier of the stormy weather that devastated parts of Gauteng and KwaZulu-Natal. SAWS CEO Jerry Lengoasa on Thursday said although a severe weather warning for the catastrophic... 

'It's now 12 years without proper water' – North West community

12th October 2017 Politicians don't work for people, say residents of the settlement of Schaumberg in the North West province. They are going into the rainy season without the water or sanitation services they have been asking for since 2005. Residents of the settlement, which lies between Hekpoort and Skeerpoort,... 

When Cyril wins, he must send Zuma to live in Nkandla – Gordhan

12th October 2017 When Deputy President Cyril Ramaphosa wins December's African National Congress (ANC) elective conference, he must send President Jacob Zuma to live in Nkandla, former finance minister Pravin Gordhan said on Thursday. Gordhan told a conference in Cape Town that his preferred candidate to become... 

Even Stats SA could fall to State capture – Gordhan, Jonas

12th October 2017 Statistics South Africa is not immune to the State capture project, former finance minister Pravin Gordhan and his former deputy Mcebisi Jonas said on Thursday. The warning comes as Statistician-General Pali Lehohla is set to step down in October, after 17 years in charge of Stats SA. 

Durban harbour remains closed after devastating storm

11th October 2017 Durban harbour was still closed on Wednesday morning with authorities having spent Tuesday night refloating five vessels that were pushed aground and emergency services were still on high alert after a massive storm that killed at least six people. "[Emergency Medical Services] are still on high... 

Cape Town's groundwater plan targets 'impossible'

11th October 2017 Key partners in the extraction of groundwater to augment the City of Cape Town's water supply believe that the city's current 100-million litres per day target is impossible. Speaking as an audience member at a Muizenberg Festival gathering on Tuesday, Umvoto earth sciences consultancy director... 

Rand will rebound against dollar by end of 2017 - analysts

11th October 2017 Analysts at Rand Merchant Bank and ING Groep predict that the rand, the second-worst emerging-market performer in the past month, will rebound against the dollar by year-end as the pull of improving fundamentals and the hunt for yield support buyers amid lingering political and fiscal risks. The... 


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