18.6 C
South Africa
Thursday, January 17, 2019

Metal workers union continues strike action at Agni Steel in SA

JOHANNESBURG, December 11 – Liberated Metalworkers Union of South Africa (Limusa) said on Monday that it will proceed indefinitely with its strike at Agni Steel...

New Barrick CEO eyes miners’ alliance to fix Tanzania tax row

LONDON/TORONTO - Barrick Gold's incoming chief executive said he wants to pull together Tanzania's mining industry to tackle a "desperate" tax dispute that has...

Spotify shares jump in record-setting direct listing

By Chuck Mikolajczak and Stephen Nellis ...

South African rand’s volatility grows as economic risks gather

JOHANNESBURG - Implied volatility on South Africa's rand rose by its most since the last finance minister reshuffling in October, amid worries over the...

Major job losses and unemployment increases in SA

PRETORIA, July 31 - The official unemployment rate in South Africa has increased by 0.5 percentage points to 27.2 percent in comparison to the first...

Ramaphosa appeases Afrikanerbond on Land reform

Ayanda Mdluli JOHANNESBURG- In an attempt to appease the rich and powerful members of the Afrikanerbond, President Cyril Ramaphosa reassured the organisation at its centenary...

Naidoo quits Steinhoff’s supervisory board

Ayanda Mdluli JOHANNESBURG- In a latest move to clean up its act, Jayendra Naidoo, Steinhoff International’s sole Black Economic Empowerment partner through Lancaster Group is...

Rand plummets to lowest in two years

JOHANNESBURG, August 13 (ANA) - South Africa's rand fell over eight percent to its weakest level in more than two years against the U.S....

Eskom informs Nersa about coal shortages, puts recovery plan in place

JOHANNESBURG, April 25 - Power utility Eskom said on Friday that it has informed National Energy Regulator of South Africa (Nersa) about the current coal...

Prasa appoints former eThekwini city manager Sibusiso Sithole as group CEO

JOHANNESBURG, June 5 - The Passenger Rail Agency of South Africa on Tuesday announced Sibusiso Sithole as its new group chief executive for a...

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