GOLD mining company Avgold showed a loss for the quarter ending March 31, as production fell over 25% to 4355kg. While earnings were about R19-million as of December 31, the firm showed a R4-million loss. Production problems drove the cuts and losses, and included an underground fire, geological difficulties, and lost shifts over Christmas. Safety […]
OWN CORRESPONDENT, Johannesburg | Friday 4.00pm. OLD Mutual, which will list on the London stock exchange this year, said on Friday it is in talks to sell British-based Old Mutual Life Assurance and another unit based in the Isle of Man. The businesses are on the block because Old Mutual wants to move further into […]
MPUMALANGA MEC Luckson Mathebula appears in court again on Friday for allegedly beating his wife with a wooden elephant curio. Mathebula is charged with common assault for allegedly beating his common law wife, Rose Aletta Mnisi, 32, on May 29 last year. Mnisi claims she spent six weeks in hospital recovering from the alleged beating. […]
AN international conference on landmines opens in the Mozambican capital on Monday. The five-day meeting is expected to bring together 800 delegates from the signatories of the 1997 Ottawa Treaty banning the production and marketing of mines. At least 134 countries signed the Ottawa Convention, but only 72, most those that have suffered the effects […]
THE police services and army in KwaZulu-Natal said on Friday they are confident a climate conducive to free and fair elections will be maintained in the run-up to and during the June 2 poll. A joint statement said police, the army and the Independent Electoral Commission (IEC) hold meetings on a regular basis to discuss […]
EVANS MODISE, a member of the police VIP protection unit and a bodyguard to Deputy President Thabo Mbeki, has pleaded not guilty to a charge of murder, in the Mamelodi Magistrate’s Court. Modise is alleged to have beaten to death a neighbour, Hluphekile Baloyi, on New Year’s Eve, by beating his head against the road. […]
THE Gauteng government on Thursday introduced a smart card system for commuters to use to pay taxi fares, ushering in a new phase of cashless commuting, SABC radio news reported on Thursday. Provincial transport MEC Joyce Kgoali said the new system will be introduced over the next two to three months. The smart cards will […]
JOHNNIC wants to lend Johannesburg’s northern council several million rand to remove an informal settlement perched at the doorstep of Dainfern, an upmarket development. The council and the Zevenfontein informal settlement community have rejected the offer, saying Johnnic wishes to move the camp to economically unviable land. Johnnic has offered to install water, sewage and […]
INDEPENDENT Newspapers Plc said on Wednesday its offer to buy out minority shareholders in South Africa’s Independent Newspapers Holdings Ltd had been accepted. The Irish-based newspaper group said in a statement that it now holds 99,2% of the issued share capital of its South African subsidiary and it intends to acquire, in terms of the […]
UGANDA is preparing an armed incursion into neighbouring Sudan, a government newspaper in Khartoum alleged on Friday. The Al Anbaa said Sudan is massing troops on its side of the shared border and that armoured battalions are “poised for an offensive on vast areas in the equatorial region in south Sudan with the aim of […]