R/€ = 20.54 Change: -0.03
R/$ = 17.42 Change: 0.05
Au 1944.45 $/oz Change: -50.79
Pt 944.95 $/oz Change: -20.19


The dilemma of Covid-19’s second wave

By: Bloomberg     25th July 2020 Shuttering businesses, grounding airlines and ordering people to stay home was hard enough the first time. The thought of having to do it all over again is something world leaders don’t want to even contemplate. From Italy to New Zealand, irrespective of how well the virus was contained,... 

JL Dube Broadband Highsite project kicks off KwaZulu-Natal’s smart province ambitions

By: Natasha Odendaal     24th July 2020 The KwaZulu-Natal provincial government has switched on a JL Dube Broadband Highsite, in Vezokuhle Primary School, Edendale, in the Umsunduzi municipality. The JL Dube Broadband Highsite aims to bring free WiFi to the communities of Pietermaritzburg, in KwaZulu-Natal. 

African govts urged to apply ICAO guidance to restart air travel

By: Rebecca Campbell     3rd July 2020 Three international air transport sector organisations have urged African governments to harmonise the safe restart of their air services by swiftly implementing the International Civil Aviation Organisation’s (ICAO’s) global guidelines for the restoration of safe air transport, entitled Takeoff:... 

Used-car market poised to grow as new-vehicle prices surge

By: Irma Venter     3rd July 2020 The depreciation of the rand could see new-car prices increase by up to 10% over the next quarter, says National Automobile Dealers Association (Nada) chairperson Mark Dommisse. He says the dealership environment is currently seeing a “resilience” in the used-car market, with a “bit of hunger”... 

Glencore offers assistance to #Khomani San Community

By: Tasneem Bulbulia     5th June 2020 As part of global diversified natural resource company Glencore’s commitment to progressing together with its host communities, Glencore Ferroalloys has partnered with social purpose enterprise Re-Action to offer support in the roll-out of relief efforts to members of the #Khomani San community... 

Morgan Stanley-backed fund to buy virus-hit South African firms

By: Bloomberg     6th May 2020 Capitalworks Investment Partners plans to invest R5-billion of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic. The firm raised 25% more than planned for its Private Equity Fund III from Morgan Stanley’s Alternative Investments... 

US gives Greenland $12m, but says it's not to buy

By: Bloomberg     24th April 2020 The US is giving $12.1-million in aid to Greenland but denies the help is part of a long-term scheme to buy the island from Denmark, regardless of what President Donald Trump may have said in the past. While the money involved is small, it’s revived a furor in Denmark over reports last year that... 

IMF chief says coronavirus erases hopes for stronger growth in 2020

By: Reuters     5th March 2020 The global spread of the novel coronavirus has crushed hopes for stronger growth this year and will hold 2020 global output gains to their slowest pace since the 2008/9 financial crisis, International Monetary Fund (IMF) MD Kristalina Georgieva said on Wednesday. The IMF now expects 2020 world... 

Lynas cracking plant get govt backing

By: Esmarie Iannucci     19th December 2019 The Western Australian government has awarded rare earths miner Lynas Lead Agency status for its planned processing plant in Kalgoorlie. Lynas recently selected Kalgoorlie as the location for its new cracking and leaching plant, which will form part of its 2025 growth plans, with the Malaysian... 

Mining Powerhouse Ready For More Business

29th October 2019 Western Australia’s regulatory and safety frameworks designed to assist mining developments have been highlighted at a presentation at Australia’s largest mining event – the International Mining and Resources Conference in Melbourne. Department of Mines, Industry Regulation and Safety Director... 

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