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NUM may seek to double wages for lowest paid members

12 Mar 2015 /  Reuters  
In upcoming wage talks for the gold, coal and diamond sectors.

SA’s January manufacturing output down 2.3% y/y

12 Mar 2015 /  Reuters  
After a revised 0.9% growth in December.

Zim says to merge diamond mines under one company

12 Mar 2015 /    
Including the local unit of Rio Tinto.

Rand slightly firmer, bonds gain

12 Mar 2015 /  Reuters  
On interest rate hike expectations.

Eskom says chairman to give ‘status’ update

12 Mar 2015 /  Reuters  
Power utility may sell some of its assets to raise capital to upgrade its ageing infrastructure.

Competition Commission recommends Edcon acquisitions

12 Mar 2015 /  Reuters  
Also approved with conditions Famous Brands' bid to acquire a stake in City Deep and Cater Chain.

Land claim risks halting South Africa renewable energy project

12 Mar 2015 /  Xola Potelwa, Bloomberg  
A land claim brought against SA’s largest sugar farmer threatens to stop a R1.1bn renewable-energy project.

Cameroon renews MTN mobile licence for 15 years, approves 3G and 4G

12 Mar 2015 /  Reuters  
Plans to invest $7.36 billion during the licence period to improve its network.

In South Africa, ranchers are breeding mutant animals to be hunted

12 Mar 2015 /  Kevin Crowley, Bloomberg   1
Rich marksmen pay a premium to shoot “Frankenstein freaks of nature”

Apple iTunes, App stores reopens after unusually long outage

11 Mar 2015 /  Antonia Massa, Bloomberg  
The extensive outage lasted more than 11 hours.

Rand recoups some losses, could fall further

11 Mar 2015 /  Reuters  
The dollar is expected to continue exerting heavy pressure on currencies across emerging markets.

No need to pay back Nkandla money: Zuma

11 Mar 2015 /  Sapa  
"The Public Protector has not said pay back the money"

Trade activity receded in Feb – Sacci

11 Mar 2015 /  Sapa  
Constraints in electricity supply had a 'more sous effect on trade than first anticipated'.

American corporation said to be interested in MTN’s SA towers

11 Mar 2015 /  Dinesh Nair, Chris Spillane and Scott Moritz, Bloomberg  
MTN declines to comment.

Harmony finds copper-gold deposits in Papua New Guinea project

11 Mar 2015 /  Reuters  
'New discoveries are one of the best avenues to create shareholder value' - CEO.
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