R/€ = 14.90 Change: -0.04
R/$ = 13.24 Change: -0.01
Au 1262.19 $/oz Change: 1.65
Pt 949.50 $/oz Change: 4.50


Economic transformation must have real content and meaning – Ramaphosa

22nd May 2017 It is necessary to give real content and meaning to the imperative of radical economic transformation to achieve inclusive growth, Deputy President Cyril Ramaphosa said on Sunday. Delivering the Moses Kotane memorial lecture in Rustenburg, he said it was the transformation that should be radical,... 

Eskom wants to keep lights on this winter

19th May 2017 Eskom is promising to keep the lights on this winter, it said in a statement issued on Friday afternoon. It undertook to do this despite severe weather conditions that have already started to grip the country. 

Authorities 'rely heavily' on info from illegal miners after gas explosion

19th May 2017 Authorities say they have relied heavily on the information from illegal miners at Harmony Gold’s Eland mine in Welkom, Free State, after a gas explosion on Thursday last week. Major General Lerato Molale said on Friday that the search was still continuing. 

Study finds that climate change threatens fynbos

19th May 2017 A study using data stretching back several decades has produced the first empirical evidence that increasingly hot, dry summers driven by climate change are having a negative effect on the Cape’s unique fynbos. The findings also raise questions about the effect this climate change impact could... 

Search continues for more illegal miners trapped at Welkom mine

18th May 2017 The search for the bodies of more illegal miners is continuing at Harmony Gold’s Eland mine in Welkom, Free State, after a gas explosion on Thursday last week. Major General Lerato Molale said on Thursday that police believed there were more miners underground. 

Open letter to Zuma: 'Water crisis will lead to war and deaths in W Cape'

18th May 2017 The water crisis in the Western Cape will lead to war and deaths unless urgent steps are taken soon, Congress of South African Trade Union (Cosatu) said on Wednesday. "We know that we have asked for you to step down, but whilst you are still president we bring this urgent matter to your... 

Brown to talk to Zuma, Ramaphosa to 'resolve Molefe matter'

17th May 2017 Public Enterprises Minister Lynne Brown says she will talk to President Jacob Zuma and Deputy President Cyril Ramaphosa to resolve the controversial return of Eskom boss Brian Molefe. Brown was summoned to Luthuli House on Monday and ordered to rescind Molefe's return to the power utility. She... 

Western Cape water crisis an opportunity for innovation – Zille

17th May 2017 Western Cape Premier Helen Zille on Tuesday compared the ongoing drought in the Western Cape to load shedding in 2008, saying it was an opportunity for the country to innovate. "This is an opportunity for South Africa to emerge as the fastest growing water economy in the world," Zille said in a... 

Tourism can change people's lives for the better – Zuma

17th May 2017 Tourism has the potential to change people’s lives for the better, especially during these globally depressed economic times, President Jacob Zuma has said. In addition to job creation, tourism also provided opportunities for entrepreneurship, Zuma said at the official opening of the Travel... 

Cape Town recommends Level 4 water restrictions

16th May 2017 The City of Cape wants to introduce Level 4 water restrictions which would ban all use of municipal water for outside and non-essential use and limit residents to 100 litres of water per person per day. This means no car washing, watering of gardens, irrigation with municipal drinking water at... 

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