Metrobus staff down tools over salary increase

16 September 2019, 6:50 AM
Johannesburg's Metrobus says one of its busses has been hijacked Monday morning as some drivers embark on a strike action.
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Stanbic says mining remains crucial to Zambian economy 9 February 2018, 1:05 PM

Stanbic Zambia says mining remains a significant sector of the southern African country's economy as it generates the largest amount of revenue for the government through taxes.

Eskom’s financial woes could end soon 9 February 2018, 6:13 AM

Eskom’s financial crisis could soon be over. The power utility says local financial institutions are now queuing up to lend it money following the recent drastic changes in its management, with a new board being announced. Eskom needs R20 billion to stay afloat until the end of its financial year next month. It’s already received […]

Eskom’s financial crisis could be over soon 8 February 2018, 7:02 PM

The power utility says local financial institutions are now queuing up to lend it money following the drastic changes in management recently.

Residents demand Dikgatlong Municipality to be dissolved 8 February 2018, 2:13 PM

Barkley West residents in the Northern Cape demand that Dikgatlong Municipality be placed under administration and its entire council be dissolved.

Positive growth for International airfreight cargo in KZN 8 February 2018, 11:33 AM

International air freight cargo volumes are on the increase in KwaZulu-Natal, signalling positive growth patterns for trade in the province. 

Chamber of Commerce concerned over delay to remove President Zuma 8 February 2018, 7:03 AM

The Cape Chamber of Commerce and Industry has expressed concern over the delay in determining President Jacob Zuma's fate.

South Africa's volatile currency - the Rand
Rand continues to strengthen 7 February 2018, 9:02 PM

After months of under performance on global currency markets, the rand continues to strengthen on the back of a strong dollar and hope of a new political administration in South Africa.

Cosatu logo
Cosatu calls for Sibanye Gold mine closure 7 February 2018, 6:16 PM

The Congress of South African Trade Unions has called for the closure of Sibanye Gold mining company, citing its poor safety record.

Parliament of SA
Parly determines loss costs after SONA postponement 7 February 2018, 5:04 PM

The acting Secretary to Parliament, Baby Tyawa, is currently determining the costs involved in postponing the State of the Nation Address.

NUM saddened by death of mine workers 7 February 2018, 3:09 PM

The National Union of Mineworkers said on Wednesday that it was saddened that the two mineworkers who were trapped underground at Sibanye-Stillwater's Kloof mine had died.

Miners trapped underground at Sibanye Gold Mine 7 February 2018, 12:28 PM

Two miners are trapped underground following a ground-fall at Sibanye Gold's Kloof gold mine on Gauteng's West Rand.

Nigerian cryptocurrency craze unfazed by bitcoin plunge 7 February 2018, 9:30 AM

While bitcoin and other cryptocurrencies have suffered precipitous falls in recent weeks, the units remain popular in Nigeria where they make it easier to do business.

Subaru logo
Subaru to recall over 2000 vehicles in SA to fix defective airbag 6 February 2018, 8:24 PM

Subaru SA has announced a recall that affects Subaru models produced and sold between 2004 and 2014 in South Africa.

Solidarity files criminal charges against Molefe 6 February 2018, 4:32 PM

The Solidarity Trade Union has filed criminal charges against former Eskom CEO Brian Molefe and former board chairperson, Ben Ngubane.

Business confidence hits its highest level in over two years 6 February 2018, 4:15 PM

Business confidence is on the increase.

SA mining to balance sustainability and competitiveness 6 February 2018, 3:16 PM

While there may be tough choices and trade-offs to be made, the South African mining industry must continue to balance sustainability, competitiveness and transformation, exploration company Tranter Resources CEO Humphrey Mathe said on Tuesday.

Chamber of mines unwavering on mining charter stance 6 February 2018, 1:50 PM

The Chamber of Mines says it will not withdraw its court case against the Department of Mineral Resources even if the department gets a new minister. 

Wayne Duvenhage (L) Outa; and PSA Deputy General Manager Tahir Maepa.
PSA against treatment of SOEs as charity cases 6 February 2018, 9:12 AM

The Public Service Association is unhappy with the announcement that the Public Investment Corporation will grant Eskom a short term loan of R5 billion.

Bitcoin
Three-month low for Bitcoin 6 February 2018, 7:53 AM

Bitcoin plunged 20 percent to a three-month low on Tuesday, its latest sharp loss following a series of setbacks for the cryptocurrency.

PSA up in arms over PIC’s R5 billion Eskom bailout 5 February 2018, 9:14 PM

The Public Servants Association of South Africa (PSA) has lashed the Public Investment Corporation (PIC) for agreeing to loan R5 billion to power utility Eskom.

Plans afoot to re-open Lily Mine 5 February 2018, 6:20 PM

Plans are at an advance stage to re-open the Lily Gold Mine at Louieville near Barberton in Mpumalanga.

Eskom considers swapping its debt for equity 5 February 2018, 5:06 PM

Eskom is looking to convert debt into equity for its lenders as a solution for its liquidity challenges.

Chinese delegation to collaborate with small business development 5 February 2018, 3:34 PM

A Chinese delegation is currently in the Northern Cape on a mission to collaborate with the provincial government on small business development, particularly in the diamond industry.

Num awaits investigation outcomes into Sibanye 5 February 2018, 2:44 PM

Num says it will wait and see how the Mineral Department's investigation will unfold at the Sibanye Beatrix Gold mine, in the Free State.

Recovery expected to continue in mining sector 5 February 2018, 12:20 PM

Recovery in the mining sector in the country is expected to continue in 2018 due to rise in commodity prices supported by renewed investment for the sector.

Lack of ethical leadership dragging mining sector down: Baxter 5 February 2018, 10:34 AM

The Chamber of Mines says despite a resurgence of hope in the mining sector in 2018, an uncertain policy regulatory environment, lack of ethical leadership and good governance continues to drag the sector down.

Chris Maroleng unpacks vision for SABC 5 February 2018, 8:22 AM

Newly appointed Chief Operations Officer at SABC, Chris Maroleng is sharing his vision for the public broadcaster .

Motsoeneng’s unfair dismissal case to get underway 5 February 2018, 8:13 AM

Former South African Broadcasting Corporation (SABC) COO Hlaudi Motsoeneng's unfair dismissal case is expected to get underway at the CCMA Monday.

Petrol, diesel prices drop for February 5 February 2018, 6:32 AM

The price of all grades of petrol will drop by 30c/l with effect from midnight on Tuesday.

AMCU says operations will remain suspended at the Sibanye Beatrix Gold mine.
Operations to remain suspended at Sibanye Beatrix 4 February 2018, 6:48 PM

Labour union AMCU has confirmed that operations will remain suspended at the Sibanye Beatrix Gold mine at Theunissen, in the northern Free State.