R/€ = 15.45 Change: -0.01
R/$ = 13.27 Change: 0.00
Au 1227.43 $/oz Change: 4.18
Pt 818.50 $/oz Change: 9.77


Bail hearing postponed for men who allegedly torched mineworker bus, leaving six dead

13th July 2018 The case against five men who torched a bus in which six miners were killed earlier this year has been postponed until August for a formal bail application. Kgaogelo Moime, 29, Sipho Khumalo, 28, Thabo Mokgala, 32, Aubrey Tjie, 35, and Philimon Makwana, 34, stand accused of setting a bus on fire... 

Private security company allegedly opens fire on protesters, injuring eight in Marikana

26th June 2018 Eight people were shot and injured during a legal march, after a private security company fired rubber bullets at a group protesting outside Glencore mine in Marikana, North West on Tuesday morning. "While the march was busy, a private security firm fired shots at the protesters. One of the... 

DPE probes Gupta-linked Alexkor for environmental law compliance

5th June 2018 The Department of Public Enterprises is investigating whether state-owned mining company Alexkor, which had links with the infamous Gupta family, complies with environmental legislation. This has emerged in Minister of Public Enterprises Pravin Gordhan's answer to a parliamentary question by DA... 

Gupta-owned Shiva Uranium's business rescue practitioners throw in towel

31st May 2018 The business rescue practitioners (BRPs) appointed to save Gupta-owned company Shiva Uranium have resigned with immediate effect after their relationship with the state-owned Industrial Development Corporation (IDC) - the company's largest creditor – turned sour. Louis Klopper and Robert Knoop... 

Gupta-owned mines' rehabilitation funds case back in court

31st May 2018 An application by the trustees of the mining rehabilitation funds of two Gupta-owned companies, to reverse the attachment of about R1.7-billion by the National Director of Public Prosecutions, is expected be heard in the North Gauteng High Court in Pretoria on Thursday. The money was seized by... 

Court orders business rescue practitioners be allowed back at Gupta-linked firms

7th May 2018 An appeal to have business rescue practitioners barred from the office of several Gupta-linked companies has been overturned in the South Gauteng High Court in Johannesburg. Business rescue practitioners Louis Klopper and Robert Knoop were told they were "no longer welcome" by the very... 

Gupta-owned mines' rehabilitation fund case postponed

20th April 2018 An urgent court application by the Gupta-owned Optimum and Koornfontein coal mines to reclaim rehabilitation funds worth over R1.7-billion, has been postponed. The money was seized by the National Prosecuting Authority's (NPA) Asset Forfeiture Unit. Trustees of the rehabilitation funds controlled... 

Missing $15bn diamond revenue – 'It's all lies,' says Mugabe

17th April 2018 Zimbabwe's former president Robert Mugabe has retracted his remarks over the alleged missing $15-billion diamond revenue amid investigations by the national assembly, according to a report. In a claim that's coming back to haunt him, the former Zimbabwe strongman said in 2016 that $15-billion... 

Senior govt officials, including Zim VP 'to appear before Parliament' about $15bn diamond scandal

10th April 2018 Several senior government officials have reportedly been summoned by Zimbabwe's parliamentary portfolio committee on mines and energy over the missing $15-billion diamond revenue. According to reports, former President Robert Mugabe, announced in 2015 that $15-billion of diamonds were spirited... 

Five arrested for murder of miners who were burnt beyond recognition

4th April 2018 Five men have been arrested for the violent murders of six Modikwa Platinum Mine workers outside Driekop, in Limpopo. Provincial police spokesperson Brigadier Motlafela Mojapelo said two of the men had been arrested on Tuesday evening, and three more on Wednesday. "The high-level investigation... 

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