Asia shares slip, dollar gains as sterling slides

17 July 2019, 9:43 AM
Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust US retail data and a Brexit-driven dive in the pound.
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Rescued mineworkers in stable condition 3 November 2017, 7:40 AM

Two mineworkers who were rescued Thursday night after being trapped underground at AngloGold's Ashanti's Mponeng mine near Caltonville west of Johannesburg are reported to be in a stable condition in hospital.

Western Cape tackles plight of farmworkers 3 November 2017, 6:12 AM

The Western Cape government says it's doing its best to improve the plight of farmworkers and their families.

Flights between Mthatha and JHB airport restored 2 November 2017, 7:08 PM

Eastern Cape Transport Department has assured airline passengers between Mthatha and Johannesburg that technical problems that were experienced in the past two days have been resolved.

Brown bread price to rise 2 November 2017, 6:17 PM

Consumers will pay more for brown bread due to a technical change contained in the recent Taxation Laws Amendment Bill 2017.

Joburg’s City Power to charge sub-contractors for ‘stealing’ R80 million 2 November 2017, 3:31 PM

Johannesburg's City Power is to lay criminal charges including against some of its sub-contractors for allegedly stealing R80 million worth of infrastructure.

Western Cape gets fifth consecutive clean audit 2 November 2017, 2:50 PM

The Western Cape has, for the fourth consecutive year, produced the best results in the Auditor-General's report on national and provincial audit outcomes.

Global economy at Goldilocks phase: Economist 2 November 2017, 10:55 AM

Populism is a political phenomenon that has left many investors uncertain of the world's economic direction.

Operations resume at Durban port after KZN storms 2 November 2017, 10:50 AM

State-owned freight and logistics company Transnet said on Thursday that 100% of marine operations at the Port of Durban have resumed following a violent storm in KwaZulu-Natal last month.

Scopa puts brakes on grants tender ad 2 November 2017, 9:31 AM

National Treasury has until Monday to review the social grants distribution process and come up with measures to resolve problematic issues between Social Security Agency, Sassa and the Post Office.

Mediation process continues amid SABC strike 2 November 2017, 8:39 AM

A mediation process between the SABC Board and worker unions is due to start shortly.

SABC employees down tools 2 November 2017, 7:10 AM

A strike at the South African Broadcasting Corporation (SABC) is underway, with many permanent staff not reporting for early-morning duty. Programmes on SAfm and some other stations will be affected. A meeting on Thursday between the SABC management and the two workers union, the Broadcasting, Electronic, Media & Allied Workers Union (Bemawu) and the Communication […]

Facebook’s profit soars 2 November 2017, 6:11 AM

Facebook Inc faced harsh criticism in Washington on Wednesday over its failure to prevent Russian operatives from using its platform for election meddling.

No work no pay for striking SABC staff 2 November 2017, 5:48 AM

Staff at the SABC say they will be going on strike on Thursday despite mediation efforts.

AG wants more powers to deal with abuse of state resources 1 November 2017, 3:50 PM

The office of the Auditor-General has asked Parliament for more powers to deal with rampant abuse of public resources

Magashule urges black-controlled industries to cooperate in improving economy 1 November 2017, 3:24 PM

Free State Premier Ace Magashule has appealed to black-controlled industries in Botshabelo, east of Bloemfontein, to support one another to improve economic development.

Crude oil reserves back on the spotlight 1 November 2017, 11:26 AM

The probe into the sale of the country's crude oil reserves once again came under the spotlight when Energy minister, David Mahlobo and his department appeared before parliament on Tuesday.

More fuel price woes expected for SA 1 November 2017, 10:05 AM

South Africans woke up to a fuel price hike on Wednesday morning that will have a domino effect on other necessities such as food. Motorists will pay 4c for a litre of 93 and 95 octane fuels and between 23c and 27c for diesel. Illuminating paraffin has also risen by 21c. According to reports, this […]

Sibanye confirms over 2000 layoffs at gold mines 1 November 2017, 10:05 AM

South African precious metals producer Sibanye-Stillwater confirmed on Wednesday that it had laid off more than 2,000 gold miners as it shuts its loss-making Cooke shafts where illegal mining syndicates have plagued its operations.

Watch: Eskom’s corporate governance inquiry 1 November 2017, 10:02 AM

Parliament's Public Enterprises Committee, inquiring into Eskom's corporate governance is being briefed on the purchase of the Optimum coal mine. 

Rustenburg miners fear potential job losses 1 November 2017, 7:19 AM

Hundreds of mine workers at the Royal Bafokeng’s Rasimone Platinum mine in Rustenburg in the North West are concerned that they will lose their jobs.

Unemployment remains unchanged at 27.7% 31 October 2017, 11:15 PM

The South African economy is failing to create jobs according to Statistics South Africa. South Africa’s unemployment rate has remained unchanged at 27.7% according to the latest labour force survey for the third quarter of 2017. Statistics South Africa survey shows that although employment grew by 92 000 this was offset by additional 33 000 […]

Farming community in N.West protests against farm killings 30 October 2017, 7:29 PM

A farming community of the Buhrmansdrift, few kilometres outside Mahikeng in the North West have formed a farm patrol watch due to high number of crime cases and farm attacks in the area.

Cwele encourages innovations to help institutions with service 30 October 2017, 6:52 PM

Telecommunications and Postal Services minister, Siyabonga Cwele has described government's technology conference currently being held in Durban as a platform aimed at unlocking business opportunities for entrepreneur’s.

Rand steadier 30 October 2017, 1:51 PM

South Africa’s rand steadied against the dollar in early trade on Monday as the currency recovers from last week’s heavy lossess parked by dire budget forecasts. At 0642 GMT, the rand traded at 14.1200 per dollar, not far off its New York close of 14.1075 on Friday. The currency hit an 11-month low last week […]

SA, Angola aim to strengthen co-operation 7 February 2017, 8:19 PM

South Africa and Angola have committed to strengthen co-operation in the areas of mining and upstream petroleum.