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4 May 2016
Breaking News
 
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04 May 2016
 
 
Implats secures US court order against platinum recycler
PLATINUM
Platinum mining company Impala Platinum (Implats) has secured a court order against a US platinum recycler, from which it is claiming $201-million. Implats said on Wednesday that the order, issued...
Updated 2 hours 45 minutes ago
 
 
Amplats-backed developer in potential fuel cell breakthrough
PLATINUM
A potentially far-reaching step has been taken towards the viable roll-out of hydrogen refuelling infrastructure for platinum-using fuel cell electric vehicles (FCEVs) with the launch of a system...
Updated 3 hours ago
 
 
EFF to lay charges against parliamentary speaker, protection officers
POLITICS
The Economic Freedom Fighters (EFF) will lay criminal charges against the Speaker and the protection officers who threw them out of Parliament on Wednesday when they refused to let President Jacob...
Updated 3 hours ago
 
 
KZN ANC plans to win all wards and municipalities
POLITICS
The African National Congress (ANC) in KwaZulu-Natal said on Wednesday it plans to win all wards and municipalities in the province in the upcoming local government elections. Speaking to media on...
Updated 3 hours ago
 
 
EFF ejected from Parliament after refusing to let 'illegitimate' Zuma speak
POLITICS
Economic Freedom Fighters (EFF) MPs were physically removed from the National Assembly on Wednesday after they refused to let President Jacob Zuma speak. Parliament could allow an illegitimate...
Updated 4 hours ago
 
 
Zuma innocent until proven guilty – KZN ANC
POLITICS
President Jacob Zuma was innocent until proven guilty in the spy tapes saga and remained the African National Congress (ANC) leader, the party in KwaZulu-Natal said on Wednesday. The ANC respected...
Updated 4 hours ago
 
 
Glencore cuts supply cloth to fit demand coat
DIVERSIFIED MINERS
The mix of mining and marketing within the same company provides sensitivity to commodity price falls. Continually highlighting the value of the mining-marketing mix is Glencore, which is quick to...
Updated 4 hours ago
 
 
Gordhan tells Denel to stop being ‘arrogant’
DEFENCE
Finance Minister Pravin Gordhan on Wednesday termed Denel, which is at loggerheads with National Treasury over a joint venture with a company linked to the Gupta family, arrogant and belligerent....
Updated 5 hours ago
 
 
E-tolling not coming to KwaZulu-Natal yet
ROADS
KwaZulu-Natal is not set to get e-tolling in the near future, but this may change if the volumes of vehicles increases. South African National Roads Agency Limited (Sanral) chief executive Nazir...
Updated 5 hours ago
 
 
Finance Minister says would like SAA minority equity partner
AVIATION
South Africa's Finance Minister Pravin Gordhan said on Wednesday he favoured a minority equity partner buying into struggling national airline South African Airways (SAA) at "some stage". SAA,...
Updated 6 hours ago
 
 
Post Office strike going ahead, says union
STRIKE
Postal services in South Africa risk being disrupted later this week as a union says nationwide strike action is going ahead. The Communication Workers Union (CWU) last week threatened to strike on...
Updated 7 hours ago
 
 
PIC to invest $4.7bn and stimulate jobs, growth
ECONOMY
South Africa's Public Investment Corporation (PIC) would invest R70-billion ($5-billion) over the next three to five years to help stimulate economic growth and job creation, Deputy Finance...
Updated 7 hours ago
 
 
Outa questions effectiveness of e-toll discount scheme
E-TOLL
The Organisation Undoing Tax Abuse (Outa) has said it doubts claims by road authorities that 300 000 people had taken up the etoll discount dispensation of 60%. Chairman of Outa, Wayne Duvenage,...
Updated 7 hours ago
 
 
Gordhan confident of meeting fiscal targets
TREASURY
South Africa's Finance Minister Pravin Gordhan said on Wednesday he was confident of meeting fiscal targets for 2016, but that stronger economic growth remained a challenge. In a speech to...
 
 
Gordhan gets tough on government procurement
PROCUREMENT
The way the government buys its goods and services is getting a shake-up aimed at saving billions, Finance Minister Pravin Gordhan said on Wednesday. This includes saving a targeted R1.4-billion by...
 
 
 
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