R/€ = 15.10 Change: -0.02
R/$ = 12.94 Change: 0.02
Au 1252.55 $/oz Change: 6.24
Pt 934.50 $/oz Change: 6.00


ANC condemns 'reckless' reinstatement of Molefe as Eskom CEO

12th May 2017 The African National Congress (ANC) has condemned the "unfortunate and reckless" decision taken by the Eskom board to reinstate Brian Molefe as CEO. Earlier on Friday, Eskom confirmed that Molefe would return as its chief executive, after the board rescinded his application for early retirement.... 

Sassa still has 50 000 deduction complaints to deal with - Dlamini

10th May 2017 Social Development Minister Bathabile Dlamini has told MPs that more than 50 000 grant beneficiary complaints were incomplete as they were still waiting for affidavits from complainants. Dlamini told the National Council of Provinces on Tuesday that the South African Social Security Agency had... 

MPs grill Gigaba on radical economic transformation

9th May 2017 Finance Minister Malusi Gigaba on Tuesday said radical economic transformation should be neither feared nor suppressed, as South Africa has a legacy of left-behind people. “Whatever the name you call it – accelerated growth, radical economic transformation or inclusive growth, we want to address... 

No quick fixes to housing problems – City of Joburg

9th May 2017 City of Johannesburg officials are working with local councillors to address the demand for housing in Eldorado Park, following violent protests on Monday. “We recognise the frustrations of this community, following years of mismanagement and neglect in our city. We ask our residents for patience... 

Latest findings from the Rising Star cave to be revealed

8th May 2017 Paleoanthropologist Professor Lee Berger is expected to brief the media on Monday on the latest findings from the Rising Star cave in Johannesburg. The history of humankind changed in October 2013 after the discovery of a new human ancestor, Homo naledi, in the cave situated at the Cradle of... 

'I’m not chasing any job' – Gordhan after High Court ruling

5th May 2017 Former Finance Minister Pravin Gordhan would not return to his job, even if the courts found that President Jacob Zuma had erred by unceremoniously removing him and his deputy Mcebisi Jonas from their positions. “Let the courts do their job and let’s see what happens. It’s a legitimate legal... 

Zuma must provide reasons behind Cabinet reshuffle, judge rules

4th May 2017 Judge Bashir Vally has ruled that President Jacob Zuma must hand over all records explaining the reason why he reshuffled the Cabinet. Sitting in the North Gauteng High Court in Pretoria on Thursday, and after listening to arguments, Vally said he would give reasons for the ruling next Tuesday. 

KZN treasury probing R6.9bn fraud

4th May 2017 KwaZulu-Natal’s treasury is investigating fraud and corruption amounting to R6.9-billion, finance MEC Belinda Scott told a sitting of the legislature on Wednesday. The treasury’s forensic investigation unit and Asset Forfeiture Unit (AFU) were probing the alleged crimes, which date from 2009, she... 

South Africa to miss digital migration deadline again

3rd May 2017 South Africa could once again miss the deadline for digital migration due to “supply chain management irregularities" and "collusion issues" parliament's portfolio committee heard on Tuesday. The initial deadline, as determined by the International Telecommunication Union, was June 17, 2015. Due... 

Former Presidents unite to deal with crisis facing South Africa

3rd May 2017 In an unprecedented move, three former Presidents and a deputy President, will come together for the country to discuss the "deep and pervasive national general crisis" facing South Africa. The foundations of former Presidents FW De Klerk, Thabo Mbeki, Kgalema Motlanthe, deputy President Phumzile... 


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