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Wendell Roelf

SA can use forex reserves if necessary, says Gordhan

South Africa could use its foreign exchange reserves if necessary to relieve market stress caused by global turmoil, says Pravin Gordhan.

SA struggles to meet land reform targets

SA has reversed gains in its goal of transferring 30% of commercial farmland to blacks by 2014 after aspirant farmers resold land bought for them.

De Beers SA sees 6.5-million carats for 2011

Diamond producer De Beers expects its South African unit to produce 6.5-million carats in 2011, a million less than last year.

Mine ‘carnage’ worries Susan Shabangu

Susan Shabangu described the mounting death toll in SA's mines as "carnage", adding there is a link between the pursuit of profits and the body count.

Swaziland turns to South Africa for bailout

Swaziland has asked South Africa for an emergency bailout of R10-billion but the government say it would need to review the request first.

SA farmers oppose Shell’s shale gas plans

Royal Dutch Shell is facing opposition to its plans to seek shale gas in South Africa's semi-desert Karoo region.

SA carbon tax could hurt business, consumers

South Africa is likely to phase-in a carbon tax on fossil fuel inputs as part of new measures to curb carbon dioxide emissions.

IMF trims SA’s 2010 GDP forecast

The International Monetary Fund (IMF) has trimmed South Africa's growth forecast for this year to below 3%.

BHP set to join new oil-gas explorers in SA

BHP Billiton, the world's biggest diversified miner, plans to drill for gas off South Africa's west coast and will get exploration permits by August.

South Africans mark Mandela’s release from prison

Thousands of South Africans on Thursday marked 20 years since Nelson Mandela walked to freedom after 27 years as a political prisoner.

SA to introduce new car tax despite concerns

The Treasury will press on with plans to introduce a new tax on vehicles designed to curb carbon dioxide emissions despite concerns.

SA wine sector sees World Cup boost

South Africa's wine industry expects increased global sales in 2010, although a strong and volatile rand currency threatens its long-term prospects.

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