R/€ = 16.71 Change: 0.04
R/$ = 15.57 Change: 0.04
Au 1853.66 $/oz Change: -5.10
Pt 956.50 $/oz Change: 3.00


News24’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country. Powered by the country’s leading journalists, and headed by the News24 editorial team.

More arrests expected in corruption case against Gama and other ex-Transnet officials

27th May 2022 Former Transnet CEO, Siyabonga Gama, who is among the five people accused of R93-million fraud and corruption in a case relating to the procurement of 1 064 locomotives by the State-owned freight rail company, was released on R50 000 bail following his arrest on Friday. Gama is facing charges... 

Former Transnet CEO Siyabonga Gama arrested

27th May 2022 Five former Transnet officials have been arrested by the Hawks and the National Prosecuting Authority's Investigating Directorate on Friday morning on charges of fraud, corruption and money laundering. News24 has established that two of the five include former Transnet CEO Siyabonga Gama and Eric... 

Mantashe to mining CEOs: Stop insulting the state

25th May 2022 Minister of Mineral Resources and Energy, Gwede Mantashe, has warned that a growing tendency by mining executives to "insult the state" is detrimental to the resources sector. "We have observed a growing temptation to insult the state by strong and powerful mining executives. 

Mantashe's 'nightmare': Unease already brewing over new mineral rights system

25th May 2022 The long-awaited transparent record of South Africa’s mineral rights – the lifeblood of the mining industry’s future – is barely out of the starting gates and is already mired in distrust. There is no question that a functioning cadastral system is critical to attract mining investment to South... 

Mantashe meets with Sibanye, unions after members boo Ramaphosa off stage on Workers' Day

4th May 2022 Sibanye-Stillwater and striking unions at the company’s gold mines met with Minister of Mineral Resources and Energy Gwede Mantashe on Monday after President Cyril Ramaphosa was heckled and forced to abandon attempts addressing a Workers' Day rally in Rustenburg. Another meeting between Sibanye... 

Zondo wants Alexkor directors, diamond dealers to be probed for fraud

29th April 2022 A decade after the state-owned diamond company Alexkor became a site of Gupta influence and corruption, the Judicial Commission of Inquiry into State Capture issued a long list of recommendations to pursue perpetrators. In its report, released on Friday, the commission details how former minister... 

Zuma replaced Ramatlhodi with inexperienced 'Gupta minister' Zwane to do their bidding – Zondo

29th April 2022 It was clear that former president Jacob Zuma replaced Ngoako Ramatlhodi as mineral resources minister because he refused to cooperate with the Gupta family’s wishes, the State Capture Inquiry has found. "... Ramatlhodi had consistently refused to have anything to do with the Guptas and was not... 

Four decomposed bodies found in North West mine shaft, 77 trapped illegal miners arrested

20th April 2022 Four decomposed bodies were handed to officials in Orkney, the North West, by illegal miners who were later arrested after they were found trapped inside an underground mine shaft. According to the police, the "manager" for the illegal miners - who are all believed to be illegal immigrants -... 

Suspect arrested for murder of Richards Bay Minerals community leader

9th March 2022 Police have made a breakthrough in the July 2020 murder of a community leader linked to the Richards Bay Minerals (RBM) company. A 40-year-old man has been arrested and charged in connection with the murder that took place at the Richards Bay Mall in 2020. 

Mantashe benefitted from Bosasa's 'corrupt modus operandi'- Zondo

1st March 2022 The third part of the State Capture Commission of Inquiry has found that Minerals and Energy Minister and former African National Congress secretary general Gwede Mantashe benefitted from Bosasa's "corrupt modus operandi". The company had installed CCTV cameras at his homes in Boksburg, east of... 

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