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Zwane confident courts will find in favour of new Mining Charter

27th June 2017 Minister of Mineral Resources Mosebenzi Zwane said on Tuesday that he had noted the actions taken by the Chamber of Mines in applying for an urgent interdict on the 2017 Mining Charter, adding that he had confidence in the courts to rule in his department’s favour. This comes after the Chamber of... 

Western Cape dam levels recover, but only slightly

26th June 2017 Dam levels in the Western Cape have seen a slight increase, Western Cape Local Government, Environmental Affairs and Development Planning MEC Anton Bredell said on Monday. Dam levels have increase to 22.8 percent, which is still far off the dam levels of 35.4 percent this time last year. 

Brown beefs up Eskom leadership with new board appointments

23rd June 2017   Public Enterprises Minister, Lynne Brown, on Friday announced the appointment of four new interim non-executive directors of Eskom in a bid to beef up the board of the embattled power utility. 

Zuma backs Zwane on new Mining Charter

22nd June 2017 President Jacob Zuma on Thursday threw his weight behind the controversial revised Mining Charter published by Mineral Resources Minister Mosebenzi Zwane. “Yes, I believe firstly, the minister gave the briefing and consultation, including the cabinet and what the minister is doing has been... 

New Mining Charter a catalyst for more inclusive economy, says Zwane

22nd June 2017 Mineral Resources Minister Mosebenzi Zwane has said the controversial 2017 Mining Charter gazetted last week was meant to be a catalyst that provides practical expression to the country’s goal of a more inclusive economy. “We encourage the young people who are the future of this country to... 

Third of SA municipalities could become unviable if finances not managed properly – AG

21st June 2017 A third of South Africa’s 263 municipalities risked becoming financially unviable according to the latest audit outcomes released by Auditor General (AG) Kimi Makwetu on Wednesday. “If you’ve got a third of municipalities whose expenditure is starting to become bigger than their revenue either... 

Meat, petrol price increases drive up May CPI food inflation

21st June 2017 The headline Consumer Price Index (CPI) inflation lifted slightly in May to 5.4 percent from 5.3 percent year-on-year in April on food and petrol prices, Statistics South Africa said on Wednesday. Figures released on Wednesday, showed that South African food and non-alcoholic beverages price... 

Irregular spend at municipalities sees drastic rise – AG

21st June 2017 Irregular expenditure, or spending outside the prescripts of the law, at South African municipalities increased by over 50% to R16.81-billion, Auditor-General (AG) Kimi Makwetu said on Wednesday. Releasing the audit outcomes of local government for the 2015/16 year, Makwetu noted that the figure... 

MPs to include State capture in Molefe probe

21st June 2017 Parliament’s portfolio committee on public enterprises on Wednesday resolved to devote August to an in-depth probe of the circumstances surrounding Brian Molefe’s re-appointment to the helm of Eskom, including allegations of the Gupta family’s hold on the power utility. “The committee agrees that... 

Numsa deadlock on wage agreement with employers in engineering sector

21st June 2017 The National Union of Metalworkers of South Africa (Numsa) said on Wednesday that wage negotiations and employers in the engineering sector have deadlocked after the union rejected the 5.3% wage increase earlier this month. Numsa has been meeting employers under the auspices of the bargaining... 

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