R/€ = 14.95 Change: -0.05
R/$ = 12.19 Change: -0.02
Au 1334.80 $/oz Change: 6.68
Pt 1013.00 $/oz Change: 14.93

African News Agency

Eskom inquiry to hear testimony from Singh, Koko next week

17th January 2018 The parliamentary inquiry into alleged corruption at Eskom will resume next week with testimony from suspended chief financial officer Anoj Singh and former acting chief executive Matshela Koko, the chairperson of the public enterprises committee Zukiswa Rantho said on Wednesday. "The Committee... 

IEB achieves 98.76% matric pass rate

3rd January 2018 The Independent Examination Board (IEB) has announced an increase in the pass rate in last year’s National Senior Certificate (NSC) matric examinations to 98.76%, from 98.67% in 2016. There were 11 464 full-time and 666 part-time candidates across South Africa. This is also an increase from 2016... 

Improving quality of life remains key priority, says Zuma

2nd January 2018 Improving the quality of life of the South African people, especially the poor and the working class, remains a key priority of government, President Jacob Zuma said on Sunday. “Significant strides” were made in 2017 in fighting poverty, inequality, and unemployment, he said in his new year’s... 

Oil and gas firm Efora says deal to buy Belton Park lapses

2nd January 2018 Oil and gas company Efora Energy said on Tuesday its agreement to acquire the assets and operations of Belton Park Trading 134 had lapsed after outstanding conditions were not fulfilled. In October, Efora said it was buying Belton Park, which markets and sells petroleum products for an aggregate... 

SA Deputy President Ramaphosa spreads Christmas cheer with message of hope

27th December 2017 South Africa’s Deputy President Cyril Ramaphosa, who recently took over the reigns of the ruling African National Congress (ANC), on Sunday spread some Christmas cheer with his positive message promising economic growth and a society in which everyone is safe, secure and feels valued. Ramaphosa,... 

Mondi Group signs agreement to acquire Powerflute

22nd December 2017 Packaging and paper company Mondi Group said on Friday it had signed an agreement to acquire 100% of the outstanding shares in Powerflute Group, a division of Nordic Packaging and Container Holdings for €365-million. Powerflute operates an integrated pulp and paper mill in Finland with an annual... 

Ramaphosa defeats Dlamini-Zuma for ANC presidency

18th December 2017 Cyril Ramaphosa defeated Nkosazana Dlamini-Zuma to be elected president of the ruling African National Congress (ANC) at the party’s elective conference in Johannesburg on Monday. Ramaphosa, the ANC deputy president, received 2 440 votes against Dlamini-Zuma’s 2 261. 

DA consulting lawyers on legality of energy blueprint

11th December 2017 The Democratic Alliance said on Monday it was taking legal advice on the approval of government’s new Integrated Resource Plan (IRP), which envisions nuclear procurement. Democratic Alliance energy spokesperson, Gavin Davis, said the apparently rushed approval of the policy blueprint with no... 

SA government takes healthcare services to Kuruman mineworkers

6th December 2017 Mineworkers in the manganese-rich town of Kuruman, in the Northern Cape, are set to benefit from integrated healthcare and social services after government partnered with the mining industry and workers associations to launch a centre on Tuesday. The One Stop Health Service Centre is aimed at... 

NUM reaches wage deal with Kangra Coal Mine, ends strike

1st December 2017 South Africa's National Union of Mineworkers (NUM) said on Friday it had signed a three-year wage agreement with Kangra Coal Mine, effectively ending a week-long strike. In a statement, NUM said the two parties agreed on a R600 wage increase for 2017, and 7% rises for the following two years... 

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