SA regulator to probe power utility’s primary energy costs

The National Energy Regulator of South Africa (Nersa) would conduct an investigation into Eskom’s primary energy costs, and specifically the cost of coal, to establish the “prudence of the costs”, chairperson Collin Matjila reported on...

Trinity withdraws R&E conflict-of-interest suit

Fund manager Trinity Asset Management (Trinity) announced late on Monday that it had struck a deal with Randgold & Exploration (R&E), which saw the firm withdrawing its High Court application against the fraud-battered firm, and Peter Gray...

Aflease, Trinity share swap could end R&E liquidation saga

South African gold development company Aflease Gold, which is 79% owned by Canadian-listed uranium firm sxr Uranium One, on Friday announced a share swap that will see it becoming the biggest shareholder in Randgold & Exploration. CEO Neal...