R/€ = 14.50 Change: 0.00
R/$ = 11.74 Change: 0.00
Au 1347.33 $/oz Change: 7.59
Pt 949.50 $/oz Change: -5.25


Court orders preservation order for Guptas' mine rehabilitation funds

12th March 2018 The National Prosecuting Authority has secured a court order to preserve the mining rehabilitation funds of two Gupta-owned mines held by the Bank of Baroda which intends leaving South Africa. According to the North Gauteng High Court order, dated March 8, the money in the in the Optimum Mine... 

More Gupta-owned companies apply for business rescue

23rd February 2018 More Gupta-linked companies have filed for business rescue, company documents show. This comes shortly after the family's Optimum mines filed for business rescue earlier this month. This leaves their creditors holding a particularly busy bag of cats. 

Public Protector finds Brown 'inadvertently' misled Parliament about Eskom-Trillian

23rd February 2018 The Public Protector has found that Public Enterprises Minister Lynne Brown misled the National Assembly when she denied there were engagements between power utility Eskom and the Gupta-linked company Trillian Capital Partners. This is according to a report issued by the Public Protector Busisiwe... 

Families of slain Marikana miners call on Ramaphosa to turn his promises into action

22nd February 2018 Following President Cyril Ramaphosa’s promise of atonement for the Marikana massacre, 36 families of the striking miners who were killed have said that reparations should include a formal apology from the police minister and criminal charges against the police officers involved. During... 

Striking Gupta mineworkers demand answers about their future

22nd February 2018 Striking mineworkers at Gupta-owned Optimum Coal Mine have demanded to know the "truth of the sale" of the mine. Workers downed tools on Wednesday morning, saying there was uncertainty over their jobs and the future of the mine. 

Ramaphosa should shift to green energy – Greenpeace

20th February 2018 Environmental organisation Greenpeace is demanding newly-elected President Cyril Ramaphosa takes urgent action on energy policy in South Africa. Ramaphosa delivered his maiden State of the Nation Address (SoNA) on Friday, when he highlighted economic growth and combating corruption. 

Zimbabwe, Botswana set to sign diamond deal – report

19th February 2018 Zimbabwe is reportedly set to sign a diamond processing deal with Botswana within the next three months, after President Emmerson Mnangagwa met with his counterpart, President Ian Khama, this week in Gaborone. According to the state-owned Herald newspaper, Mnangagwa was in Botswana on a state visit. 

State capture commission must investigate all State corruption, focus on Guptas

25th January 2018 President Jacob Zuma wants the State capture commission of inquiry to investigate all forms of government corruption, including allegations against him, his Cabinet ministers, the Gupta family and State-owned entities. In the terms of reference seen by News24, Zuma says the commission must... 

R50bn expected to be seized in 17 State capture cases – AFU

16th January 2018 The Asset Forfeiture Unit (AFU) is hoping to seize at least R50-billion in 17 cases it is currently investigating related to State capture, acting head of operations advocate Knorx Molelle said on Tuesday. In an interview with eNCA, Molelle said his team had already prioritised six matters which... 

Silicosis: we’re close to a deal with the mines, says miners’ attorney

12th December 2017 A settlement between thousands of sick gold miners and the mining industry is possible before the end of the year, according to one of the attorneys for the sick mineworkers. More than 100 000 mineworkers and former mineworkers, and their dependants, are claiming damages for contracting silicosis... 

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