South Africa’s second largest platinum miner Impala Platinum on Wednesday announced that the company had agreed to sell off a 15% stake in the Marula Platinum mine for R316-million to Tubatse Platinum and the Marula Community Trust.
Participants from South Africa’s major gold-mining companies, trade unions and the government recently agreed to cooperate to chart a new course for the gold mining sector, which is in long-term decline, the Chamber of Mines said on Wednesday.
Hilton Brown, CEO of Adcorp Talent Recruitment, has been in the recruitment industry for more than 15 years, both here and abroad. He talks about his best and worst investments, the best advice he ever received and the financial advice he would give his children.
The investment approach that is most appropriate for you will be determined by your needs. You may be planning to build up a long-term share portfolio or start a short-term trading portfolio, making money out of short-term moves in the market. These different drivers require different investment strategies.
Your tax return needs to be completed and handed to the South African Revenue Service (Sars) by Friday July 14. This year Sars has launched an initiative that allows individuals and businesses to submit tax returns via the internet. From June 1, you can complete your tax return online.
Up to 100 people were presumed dead following a fire on a ferry on the Congolese side of Lake Tanganyika, in Central Africa, reports said on Wednesday in Kinshasa. The ferry was travelling south from Uvira to Kalemie with several tonnes of freight, including barrels of oil and petrol, when the engine caught fire, United Nations-run Radio Okapi reported.
<a href="http://www.mg.co.za/specialreport.aspx?area=soccer_world_cup_2006"><img src="http://www.mg.co.za/ContentImages/272488/icon_focuson_wc3.gif" align=left border=0></a>It has been dubbed "The Greatest Show on Earth", and in Kenya that’s precisely what the Soccer World Cup is. So, with just days before the latest tournament kicks off in Germany, excitement among soccer fans in the East African country is mounting.
Wireless local area networks enable mobile computer users to connect to a corporate network through Wi-Fi technology, something that is slowly starting to catch on in South Africa. However, issues such as security and connectivity speed have seen many organisations keeping this technology at arm’s length.
Thousands of Indonesians, already shaken from an earthquake last month, were evacuated from the slopes of a trembling volcano as it threatened to spark a second emergency on Wednesday. More than 15 000 people have been whisked from the slopes of Mount Merapi, which has been on red alert since May 13.
Nigerian separatist group Movement for the Emancipation of the Niger Delta (Mend) claimed responsibility on Wednesday for the kidnapping of five South Korean oil workers and offered to exchange them for the group’s jailed leader. Mend said the raid was a response to a court decision Tuesday to deny bail to the Niger Delta’s best-known guerrilla leader, Mujahid Dokubo Asari.