R/€ = 15.60 Change: -0.01
R/$ = 13.70 Change: -0.01
Au 1293.40 $/oz Change: 3.11
Pt 806.48 $/oz Change: 4.33

African News Agency

Agrizzi says Bosasa used union bosses to get contract at Gold Fields

16th January 2019 Angelo Agrizzi, the former marketing co-coordinator of Bosasa Facilities Management, on Wednesday spilled the beans about the inner workings and political links of the controversial consultancy company, also saying that at times he felt like he was in a cult-like organisation during his 17-year... 

Ramaphosa says Eskom challenges are being addressed

16th January 2019 President Cyril Ramaphosa on Wednesday said that government was taking necessary steps to address challenges faced by Eskom as it remained an albatross around the country's neck. Ramaphosa was speaking at a breakfast meeting with TeamSA.  

South African faith communities back Xolobeni community's resistance against mining exploration

16th January 2019 The Southern African Faith Communities Environment Institute (Safcei) on Tuesday came out in support of the Amadiba Crisis Committee (ACC) action group and called on Mineral Resources Minister Gwede Mantashe to stay away from Xolobeni. Mantashe is set to visit the volatile Xolobeni community in... 

Project Halo refutes allegations of favoritism in bid to acquire Optimum, Koornfontein mines

16th January 2019 Project Halo – the consortium which came out as the preferred bidder in the highly-contested purchase of coal mine previously owned by the Gupta family – on Tuesday rejected allegations of impropriety in the way it secured the bid to acquire mine and other related assets.  Last year, Project Halo... 

Cosatu angered by R1.6bn subsidy for Gautrain

15th January 2019 The Congress of South Africa Trade Union (Cosatu) in Gauteng said on Tuesday that it was dismayed by the news that the provincial department of transport will be subsidizing Gautrain operating expenses with a whopping R1.5-billion this year.  News emerged on Monday that the Gautrain Management... 

Reserve Bank publishes policy proposals for crypto assets

15th January 2019 The South African Reserve Bank (SARB) on Tuesday asked for public comment on a policy paper outlining the perceived risks and benefits associated with crypto assets, the available regulatory approaches around them and proposals to industry participants and stakeholders. In 2014, the National... 

We have never invited Mantashe to Xolobeni – Amadiba Crisis Committee

15th January 2019 The Amadiba Crisis Committee (ACC) action group on Tuesday contradicted the statement by Mineral Resources Minister Gwede Mantashe that he would be visiting the volatile Xolobeni community in the Eastern Cape once again on the invitation of the ACC. This comes as the situation continues to... 

International passenger numbers at Cape Town International Airport grow by 9.6% in 2018

14th January 2019 Last year, 2.6-million international passengers were recorded by Cape Town International Airport (CTIA), representing a 9.6% growth from 2017 despite the drought and other problems experienced by the region, the City of Cape Town said on Sunday. "This growth came from long-haul carriers from... 

Lower Thukela bulk water plant to provide purified water for over 300 000 people

14th January 2019 The Lower Thukela bulk water purification plant in KwaZulu-Natal province is set to provide purified water to over 300,000 people, the KwaDukuza municipality said on Monday. The Lower Thukela water supply scheme includes infrastructure for abstracting and treating water from the uThukela River to... 

Nersa begins public hearings on Eskom tariffs

14th January 2019 The National Energy Regulator of South Africa (Nersa) on Monday began public hearings on Eskom's application to increase electricity tariffs annually by 15 percent for the next three years. The hearings on the multi-year price determination (MYPD4) kicked off in Cape Town, with heated objection... 

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