R/€ = 16.88 Change: 0.01
R/$ = 14.35 Change: 0.01
Au 1199.70 $/oz Change: -0.28
Pt 825.00 $/oz Change: -3.79


Damage to West Coast beaches from mining can be kept to 'acceptable' levels, say consultants

26th September 2018 Consultants employed by Australian company Mineral Sands Resources (MSR) have acknowledged that the massive expansion of mining for mineral sands on 10 West Coast beaches north of the Olifants River estuary will cause unavoidable environmental damage, but claim that the damage can be reduced to... 

Rand steady ahead of Fed rates announcement on Wednesday

25th September 2018 The rand held steady over the long weekend, opening at R14.37 on Tuesday morning following the public holiday on Monday. The local currency was trading at R14.38 to the greenback by 11:23. 

PRASA 'indefinitely' suspends trains in KZN

25th September 2018 There will be no trains in the entire province of KwaZulu-Natal on Tuesday, the Passenger Rail Agency of South Africa (PRASA) confirmed to News24 on Monday evening. PRASA provincial spokesperson Zama Nomnganga said they have indefinitely suspended all their operations in KZN. "Yes, we have done... 

Government announces memorial and funeral service dates for late Edna Molewa

25th September 2018 Government has announced the dates for the official memorial and funeral services of late Environmental Affairs Minister Edna Molewa. Molewa passed away on Saturday, at the age of 61. Her official memorial service will take place in Pretoria on Wednesday, government announced on Monday night.... 

Gigaba expected to share details of amendments to visa regulations

25th September 2018 Home Affairs Minister Malusi Gigaba is expected to share more details of government's amendments to the visa regulations on Tuesday in Pretoria. This follows an announcement by President Cyril Ramaphosa on Friday on changes to the visa regime as part of the economic stimulus and recovery plan.... 

Ramaphosa's new 10-person land reform advisory panel

21st September 2018 President Cyril Ramaphosa has announced the names of his 10-person advisory panel on land reform.  The president announced the establishment of the panel when he unveiled the state's stimulus package on Friday morning in Pretoria.  

Gordhan: Stimulus plan all about implementation

21st September 2018 President Cyril Ramaphosa's newly-announced economic stimulus package has a specific focus on implementation, say economic cluster ministers Pravin Gordhan and Ebrahim Patel. Ramaphosa on Friday morning announced a raft of measures in an effort to reignite growth, restore investor confidence,... 

100 Resilient Cities 'game-changer' launched in Cape Town to tackle urban problems

21st September 2018 Cape Town has felt the shock of the taps nearly running dry and the shock of floods. It has felt the chronic stress of crime and being the murder capital of the country. The daily stress of hours in traffic congestion and being stranded on trains. The stress of poverty and 450 000 people who want... 

Ramaphosa's stimulus plan could push rand to R14/$

21st September 2018 The rand started Friday off on the front foot, adding to Thursday's 2% gain against the US dollar on good CPI data, healthy inflow in the bond market and as traders await President Cyril Ramaphosa's stimulus package. The local unit added 0.5% to R14.21 to the US dollar before retreating to the... 

SARB keeps repo rate unchanged at 6.5%

20th September 2018 The South African Reserve Bank announced on Thursday afternoon that it will keep the repo rate unchanged at 6.5%.  The announcement was made by the central bank's governor Lesetja Kganyago at a media briefing in Pretoria.  

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