By law, powers and functions are devolved to local government but the ruling Zanu-PF’s ideology is to control municipalities
Answers to South Africa’s food system problems could lie in the pre-colonial epoch
Fishers claim they are forced into illegal trawling because subsidies only benefit big vessels
The reactions to Elon Musk’s billionaire status are evidence that far too many South Africans have not fully grasped the destructive consequences of inequality. Entrepreneur Musk was recently crowned the richest man in the world. The founder and chief of Tesla Motors sits on a total net worth of $195-billion. The rapid swelling of Musk’s […]
Equal distribution of resources will not close the access gap. Instead, resources must be deployed where they are needed most – and low-cost housing must move from the urban periphery too
Recycling human waste not only cuts down on landfill use but can also give birth to economically viable products such as fertilisers and fuel
Gold propped up apartheid, but it was depleted. The new fool’s gold is coal. Neither brought economic transformation
Bids to unleash their economic potential have failed largely because the motives, networks and practices of the informal economy are ignored.
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/ 31 October 2013
Adcorp has put in an offer to buy 100% of Labour Solutions Australia, saying the final consideration would depend on the company’s earnings.
Energy Minister Dipuo Peters is sticking to her guns on electricity policy.
There is nervousness in the sector as companies have to ensure they comply with the mining charter’s requirements by next year.
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/ 18 December 2008
BHP Billiton’s chairperson, Don Argus, said on Thursday that as a standalone company BHP Billiton is in a strong financial and operating position.
South African stocks were a mixed bag with a weaker bias at noon on Thursday, but brewer SABMiller climbed on above-forecasts year end earnings. At noon, the all-share index was down 0,16%. Resources fell 0,67%, the gold mining index was off 1,62% but the platinum mining index added 0,15%.
South African stocks remained weak at midday on Tuesday with miners the worst causalities on easing metal prices, while falling overseas markets added to selling pressures. At 12.09pm, the JSE’s broader all-share index was down 0,86%, weighed by a 2,88% drop in platinum miners.
South African stocks were mixed in a thin-volume session by noon on Friday, with MTN in focus on vague newspaper reports that an Indian firm might launch a takeover bid for the local mobile telecoms firm, traders said. By midday the JSE’s broader all-share index was down 0,14%. Resources fell 1,27%.
World markets were dampened by negative earnings reports from the United States on Monday, causing the JSE to pull back sharply. By midday, the JSE’s broader all-share index had fallen 1,48%. The banking index pulled back 2,51% and financials retreated 1,41%.
South African stocks were slightly lower at noon on Tuesday, pressured by miners on faltering metal prices, but improved sentiment in overseas markets restricted losses, traders said. At noon, the JSE’s broader all-share index had given up 0,19% at 30 056,80.
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/ 12 February 2008
The JSE held on to gains at midday on Tuesday as investors chased after bargains following Monday’s sharp losses amid strong metal prices and firmer overseas markets. By 11.59am, the broader all-share index had added 0,82% to 27 860,790 thanks to a 3,27% gain in the platinum-mining index.
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/ 23 October 2007
The JSE remained firm at noon on Tuesday, spurred by Wall Street’s overnight rebound and firmer European markets as risk aversion eased. Miners lifted the main index, buoyed by a recovery in commodities prices as metals investors chased after bargains following Monday’s sharp losses, while a slight weakness in the dollar added to the upbeat mood in the metals complex.
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/ 22 October 2007
The JSE retained its weak tone at noon on Monday, in line with overseas markets amid renewed concerns about the health of the United States economy. At 11.56am, the all-share index was off 1,51%. Resources fell 2,48%, while the gold-mining and platinum-mining indices gave up 1% and 3,47% respectively.
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/ 22 October 2007
The JSE dropped sharply in early trade on Monday, led south by Asian markets and early signs that European markets are tipped to slide amid renewed concerns about the United States housing turmoil. At 9.17am, the all-share index was off 1,44%. Resources fell 1,74%.
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/ 7 September 2007
The JSE all-share index gave up earlier gains of just over 0,5%, trading at just 0,21% in the black shortly before midday on Friday. "It hasn’t been an exciting day, we are up slightly. We initially saw gold stocks up on the stronger gold price, which supported the rest of the market," said a local trader.