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R/$ = 12.17 Change: -0.04
Au 1331.72 $/oz Change: -4.73
Pt 1012.50 $/oz Change: -0.51


Western Cape appeals for Zuma's help with drought

15th November 2017 The Western Cape appealed for assistance from national government with the drought and water crisis engulfing the province at a meeting of President Jacob Zuma's President's Coordinating Council (PCC) on Tuesday at Tuynhuys, in Cape Town. James-Brent Styan, spokesperson for Western Cape MEC for... 

Only half of Cape Town putting 'efforts into saving water' – De Lille

14th November 2017 Only half of drought-stricken Cape Town is saving water, the City of Cape Town revealed on Monday as it appealed to residents to get on board and beat the drought. To make matters worse, recent hot and windy weather has led to a 1% decrease in dam levels over the past week alone. 

Ramaphosa proposes a New Deal for South Africa

14th November 2017 Deputy President Cyril Ramaphosa on Monday evening said there must be an uncompromising rejection of corruption, patronage, cronyism and wastage. "To those with vested interests in ineffective governance, deliberate misgovernance, hidden deals, the concentration of economic control and unfair... 

Beaufort West 'Day Zero' drought claims not true – Western Cape government

13th November 2017 The Western Cape government has denied claims that Beaufort West, a town of about 37 000 residents, has reached "Day Zero" in the water crisis in the region. The town "has simply run out of surface water", said James-Brent Styan, spokesperson for Local Government, Environmental Affairs and... 

Treasury rocked as budget chief quits

13th November 2017 National Treasury has been rocked by the resignation of its long-time budget head, Michael Sachs. Fin24 has obtained independent confirmation from two sources close to Treasury that Sachs, a deputy director general who headed up the budget office, quit last week over interference by the Presidency. 

Why has no-one been punished yet for State capture, asks Gordhan

9th November 2017 One of the questions to be asked about the exposure of State capture in South Africa – on the political as well as business front - is why no one has been punished yet, former finance minister Pravin Gordhan said on Thursday. “Lots of names have been exposed and I think Jacques Pauw’s book [The... 

Zuma agrees to set up Sars inquiry – Gigaba

7th November 2017 Finance Minister Malusi Gigaba has asked President Jacob Zuma to set up an urgent judicial inquiry into tax administration and governance at the South African Revenue Services (Sars) Gigaba, speaking after a media briefing about plans for South African Airways on Tuesday, said Zuma had agreed to... 

KZN pupils head to court over school transport

7th November 2017 Pupils from 12 schools in KwaZulu-Natal - who brave the weather and crime on their long walk to school every day - will pack into the KwaZulu-Natal High Court in Pietermaritzburg on Tuesday morning to support their lawyers who will argue that the provincial government must provide transport for... 

Shipping company cleaning up Durban cargo spill

6th November 2017 According to a statement released in Geneva on Friday by Mediterranean Shipping Company (MSC) specialised boats and machinery are trying to extract the vast quantities of "nurdles" (raw plastic pellets) floating in the Durban harbour following a cargo spill by container ship MSC Susanna 24 days... 

Zuma remains committed to nuclear project and Russia

6th November 2017 Those who do not support South Africa's nuclear project are backing western agendas, President Jacob Zuma said during his Oliver Tambo centenary address in Kagiso, Johannesburg on Sunday. Zuma went into detail explaining the ANC’s relationship with Russia and why the government was pursuing its... 


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