R/€ = 15.75 Change: -0.12
R/$ = 13.82 Change: -0.09
Au 1285.36 $/oz Change: -8.50
Pt 809.95 $/oz Change: 6.09


Train accident highlights need for industry-wide solution, stronger regulator – RRA

By: Tasneem Bulbulia     10th January 2019 An industry-wide solution and a strengthened railway regulator with more powers are needed to prevent future train accidents, such as the one that claimed the lives of four people and resulted in the injury of hundreds more earlier this week, industry body, the Rail Road Association (RRA) said in... 

Hawks, NPA teams already at work on VBS fraud investigation  

By: News24Wire      11th October 2018 The final investigation report into the R1.8-billion fraud at VBS Mutual Bank released on Wednesday cannot be used as evidence to prosecute any individuals, but is serving as a "useful guide" to prosecutors and police investigators. This is according to National Prosecuting Authority spokesperson... 

Gordhan outlines his plan for the ‘recapture’ of South Africa’s SoCs

16th May 2018 The full text of Public Enterprises Minister Pravin Gordhan’s Budget Vote speech to Parliament on May 15. In it, the Minister warns that it has become evident that several State-owned companies (SOCs) will not be able to trade and borrow their way out of their financial difficulties and that some... 

Transnet board cannot revoke its responsibility – Brown

By: Megan van Wyngaardt     20th February 2018 Public Enterprises Minister Lynne Brown on Tuesday instructed State-owned Transnet to report alleged irregularities identified in an investigative report by law firm Werksmans Attorneys on the R54-billion procurement of 1 064 locomotives in 2014 to law enforcement authorities. The parastatal last... 

Russian billionaire charged in France with money laundering

By: Bloomberg     23rd November 2017 Suleiman Kerimov, a Russian billionaire and senator, was charged with laundering gains from tax evasion in Nice and prohibited from leaving the region. Kerimov, whose family controls Russia’s biggest gold producer, Polyus PJSC, is required to surrender his passport and post €5-million bail, Nice... 

Extensive training essential to combat cybercrime globally

By: African News Agency      11th April 2016 With cybercrime costing South Africa R1-billion a year, extensive training for police, prosecutors, judges and magistrates was essential to stop online criminals worldwide. At least seven countries, including South Africa, were part of the workshop on the integration of cybercrime and electronic... 

Probe Sassa tender – Corruption Watch

By: Sapa     23rd April 2014 Police should probe a tender awarded by the South African Social Security Agency (Sassa) to Cash Paymaster Services (CPS), Corruption Watch said on Tuesday. "Corruption Watch will urge the police to undertake an investigation into allegations of bribery surrounding the Sassa contract," executive... 

SA strengthens rhino conservation efforts

By: Anine Kilian     2nd November 2012 With about 455 rhinos already killed illegally in South Africa this year, several initiatives are under way to prevent further rhino poaching. South African wildlife conservation organisation Endangered Wildlife Trust (EWT) reports that the illegal trade in wildlife is estimated to be the... 


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