Tag Archive for africa

DRDGold to axe 1 800

Gold producer DRDGold could cut up to 1 800 jobs when it stops mining two shafts at the embattled Blyvoor operation, the company says.

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Gold producer DRDGold could cut up to 1 800 jobs when it stops mining two shafts at the embattled Blyvoor operation, the company says.

E-tag conditions illegal – report

Terms and conditions signed by motorists who registered for e-tags for use on Gauteng’s toll roads do not comply with consumer protection rules, reports the Star.

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Terms and conditions signed by motorists who registered for e-tags for use on Gauteng's toll roads do not comply with consumer protection rules, reports the Star.

Nedbank eyes leap in earnings

Nedbank Group says it expects full-year earnings to rise by as much as 28%, boosted by higher non-interest revenues and a better-performing retail unit.

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Nedbank Group says it expects full-year earnings to rise by as much as 28%, boosted by higher non-interest revenues and a better-performing retail unit.

Harmony beats consensus on higher gold

Harmony Gold has more than doubled its quarterly earnings, blowing past market expectations as it reaped the benefits of a weak rand and a sky-high gold price.

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Harmony Gold has more than doubled its quarterly earnings, blowing past market expectations as it reaped the benefits of a weak rand and a sky-high gold price.

Rand retreats after strong gains

The rand came off last week’s five-month highs against the dollar, with uncertainty over a bailout for debt-ridden Greece weighing on investors’ risk appetite.

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The rand came off last week's five-month highs against the dollar, with uncertainty over a bailout for debt-ridden Greece weighing on investors' risk appetite.

Gautrain strikers to be dismissed

The Gautrain bus drivers who participated in an illegal strike will be served with dismissal notices as the bus service remains suspended, the operating company says.

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The Gautrain bus drivers who participated in an illegal strike will be served with dismissal notices as the bus service remains suspended, the operating company says.

Wealthy follow the trail to London

For wealthy South Africans who want to expand their property portfolio offshore, all roads lead to London.

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For wealthy South Africans who want to expand their property portfolio offshore, all roads lead to London.

Science takes bull scarcity by the horns

Emerging farmers have only around 32 000 bulls for their million cows. It would be a logistical nightmare to purchase the quantity required and would simply be too expensive.

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Emerging farmers have only around 32 000 bulls for their million cows. It would be a logistical nightmare to purchase the quantity required and would simply be too expensive.

Fraud case opened against Lekota

A fraud case has been opened against Cope leader Mosiuoa Lekota, days after he suspended party treasurer Hilda Ndude, reports the Sunday Times.

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A fraud case has been opened against Cope leader Mosiuoa Lekota, days after he suspended party treasurer Hilda Ndude, reports the Sunday Times.

Ships slow down and save, improve service

The Safmarine shipping line is in an industry that often sees the first signs of a struggling economy in the form of less freight being transported.

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The Safmarine shipping line is in an industry that often sees the first signs of a struggling economy in the form of less freight being transported.