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Eskom expands rolling power cuts

7 May 2015 /  Reuters  
South Africa’s Eskom will expand rolling blackouts on Thursday, cutting up to 2 000 megawatts from the grid from 15:00 GMT until at least 20:00 GMT, it said on its Twitter page.

Former Eskom CEO named chairman of Standard Bank

7 May 2015 /  Renee Bonorchis, Bloomberg   1
Thulani Gcabashe will review his current positions, the bank says.

Randgold ready for end to drought in gold discoveries

7 May 2015 /  Thomas Biesheuvel, Bloomberg  
Drought has dragged on for five years.

ArcelorMittal cuts forecast as iron ore conquers steel gains

7 May 2015 /  Thomas Biesheuvel, Bloomberg  
'We faced a number of headwinds in the first quarter' - CEO.

Rand slips as growth concerns trigger global bond rout

7 May 2015 /  Reuters  
Domestic issues also pressured the currency.

Gold-mining unions circle after bell for pay round

7 May 2015 /  Paul Burkhardt and Lutho Mtongana, Bloomberg  
'Once we are ready, we’ll submit' - Mathunjwa.

Scared of self-driving cars? They’re a lot closer than you think

7 May 2015 /  Keith Naughton, Bloomberg   3
Soon car buyers will be able to purchase models with auto-pilot features.

Redefine H1 distribution up 7.1% to 39 cents

7 May 2015 /    
Property assets up R5bn to R56bn under management.

SunEdison to build 86-megawatt South Africa solar power project

7 May 2015 /  Ehren Goossens, Bloomberg   1
Eskom will purchase the power from the project under a 20-year purchase agreement.

Tesla’s new battery doesn’t work that well with solar

6 May 2015 /  Tom Randall, Bloomberg   1
Even Elon Musk's SolarCity isn't ready to install Tesla's home battery for daily users.

The end of Mark Mobius’s reign as king of emerging-market stocks

6 May 2015 /  Ye Xie, Bloomberg  
The pioneering advocate for small, growing economies suffers a dry spell.

SA black empowerment rule change may hurt top companies

6 May 2015 /  Bloomberg   2
Some of the biggest companies in South Africa could fall foul of regulations and lose business.

SA stocks book biggest drop in 6 weeks, track global markets

6 May 2015 /  Reuters  
U.S and European bonds were sold off due to a stand-off between Greece and its lenders.

Implats, Lonmin in talks with unions over shaft closures

6 May 2015 /  Andre Janse van Vuuren, Bloomberg  
The miners have began talks with South African unions on closing unprofitable shafts.

Rand gains, economy woes offset by weak dollar

6 May 2015 /  Reuters  
Data on Tuesday showed that the US trade deficit widened sharply in April.
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