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LATEST South Africa  

Eskom’s power imports from Mozambique mostly restored

24 Jun 2015 /  Paul Burkhardt, Bloomberg  
After an earlier disruption.

Court slams government over al-Bashir departure

UPDATE
24 Jun 2015 /  Bloomberg News   1
Says prosecutors should consider bringing criminal charges against government for its decision.

Zuma defends police before ‘Marikana massacre’ report

23 Jun 2015 /  Reuters  
'Police were stopping them from killing people'.

IMF sees ‘breathing space’ for SA monetary policy

23 Jun 2015 /  Mike Cohen, Bloomberg  
Suggests an increase in foreign reserves to alleviate risks from a tightening of interest rates.

Power crisis poses biggest risk to SA’s growth – IMF

23 Jun 2015 /  Reuters  
Concerns over government's ability to reign in state expenditure in the face of mounting financial assistance for Eskom.

Shafts will close if Eskom gets 25% increase – Sibanye Gold

23 Jun 2015 /  Antoinette Slabbert  
Reject Eskom application – City of Cape Town.

2.51% may be shaved off Eskom’s tariff application

23 Jun 2015 /  Antoinette Slabbert   3
Treasury debates including environmental levy – Molefe.

SA Q1 current account deficit narrows to 4.8%

23 Jun 2015 /  Reuters  
Q1 spending growth quickens to annualised 3.4%.

Eskom scales back tariff hike application to 9.5%

23 Jun 2015 /  Reuters   1
From 12.7%.

Al-Bashir case sets up clash between SA courts

23 Jun 2015 /  Mike Cohen, Bloomberg  
'It’s a very telling moment for the court and for the government and therefore for our system of justice'.

Cape Town warned of traffic chaos as city fights freeway tolls

23 Jun 2015 /  Andre Janse van Vuuren and Liezel Hill, Bloomberg  
A planned R10bn upgrade of Cape Town’s freeways will intensify traffic jams.

Duty free zone in Durban fires CEO for hiding criminal record

22 Jun 2015 /  Derek Alberts, Bloomberg  
Saxen van Coller has been dismissed with immediate effect.

Pause in policy tightening temporary – central bank

22 Jun 2015 /  Reuters  
'Policy adjustment to remain sensitive to developments in the real economy.'

SA threatens action as hedge funds fail to register

UPDATE
22 Jun 2015 /  Vernon Wessels, Bloomberg  
'No incentive to apply early' - analyst.

NUM says mines can afford 80% pay rise

22 Jun 2015 /  Paul Burkhardt, Bloomberg   1
Chamber's proposal to link compensation to gold prices a 'distraction' from wages - NUM General Secretary.
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