South Africa’s new banknotes will, in all likelihood, bear the signature of current deputy governor Lesetja Kganyago.
Dewald van Rensburg
Gold mines were slammed this week for allegedly distorting the science around silicosis in their bid to quash a colossal class action potentially involving tens of thousands of sick former mine workers or their dependants.
On Thursday this week, Eskom experienced one of the highest levels of “unplanned outages” on record, about 7 000 megawatts.
The Industrial Development Corporation (IDC) has, for the second time in five years, set itself the target of disbursing R100 billion in five years.
The gold mining multinationals born in Johannesburg in the 1990s are being decisively dismantled, signalling a new chapter in the South African gold industry’s 110-year history.
The state’s long campaign to break the steel monopoly of ArcelorMittal SA (Amsa), took a decisive step this week with the Industrial Development Corporation (IDC) announcing it may have a new R50 billion “low-cost iron and steel facility” up and running in 2017.
The furniture retail industry is taking a monumental knock as the unsecured credit bubble continues to deflate this year.
The first conclusive evidence of insider trading for the benefit of Aurora Empowerment Systems role players has come to light.
Teba Limited, the company born out of the 112-year-old migrant labour agency for South Africa’s mines, wants to branch out into other kinds of migrant labour, including farming, construction and the domestic worker sector.
‘For the right price, we will buy or sell anything,” Ivan Glasenberg, CEO of the global commodities giant Glencore, told journalists at a media briefing in Johannesburg this week.
The private sector’s largest bargaining council, the Metals and Engineering Industries Bargaining Council (MEIBC), was rocked this week by a new audit that has decimated the officially recognised membership figures of the sector’s unions.
Disgraced former communications minister Dina Pule’s fall from grace continues after it emerged this week that President Jacob Zuma ordered the Special Investigating Unit (SIU) to pursue the long list of allegations stemming from her time at the helm of the department – and seemingly targeting all her allies.
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Carien du Plessis had a few precious hours of free time during the US-Africa Leaders Summit in Washington, and, after a few Reese’s Peanut Butter Cups, took a run through DC’s Disneyland for democracy.
After having read my Sunday papers last week, one of the stories that caught my attention was the story with the headline “Dolus what?” (City Press, September 14 2014).
The lively exchanges in this new term of Parliament have been welcomed for breathing life into what used to be a flat and sleepy House.