Pan African rings till as record high gold price powers production
Runaway gold prices and a sharp rise in production have put gold mining company Pan African Resources in a robust financial position, aiming to clear debt by February.... Read more.
Rand breaks below R16 a dollar as South Africa reaps gold rush rewards
The rand strengthened to R16 to the US dollar on Monday as global concerns about the US economy rose. At 5pm on Monday, the rand was sitting at R15.98 to the dollar.... Read more.
ANC Joburg REC out to sabotage Dada Morero, says Sanco
The South African National Civic Organisation (Sanco) has called on the ANC’s national executive committee (NEC) and Gauteng provincial executive committee... Read more.
aRiet Prop moves to complete audits in bid to end JSE suspension
aRiet Prop Limited, landowners of luxurious hotels in Cape Town, is hunting for new auditors to speed up its outstanding audits in its quest to have its suspension... Read more.
International spotlight turns to SA as WEF Special Davos Meeting next hosts
South Africa is set to host the World Economic Forum (WEF) Special Davos Meeting for the first time, marking another milestone for the country’s global economic... Read more.
BAT continues share buyback while closing SA cigarette factory
British American Tobacco (BAT) has continued with its share buyback programme as part of its broader capital management strategy. In a statement released on Monday,... Read more.
Medical aid scheme accuses 3Sixty Health of fraudulent claims
Sizwe-Hosmed Medical Scheme has accused its administrator 3Sixty Health of defrauding it of nearly R71-million through submission of irregular claims. The irregular... Read more.
Fuming MTN mulls Iran exit
Africa’s biggest mobile operator, MTN, is exploring an exit from Iran after the dramatic ousting of Irancell’s chief executive officer, a decision taken by the... Read more.
German retailer happy to become part of Mr Price Group
German-based clothing retailer Niedrig Kalkuliert Discount (NKD) Group has expressed joy at becoming part of South African retail giant Mr Price. Alexander Schmökel,... Read more.
Truworths UK division shows gains while retailer’s African branch struggles
Strong growth at Truworths’ Office UK has assisted in Truworths International growth during a difficult trading period as pressure on South African consumers continued... Read more.
