FORD Motor Company has doubled its investment in vehicle manufacturer SA Motor Corporation to 90% by acquiring a further 45% share from Anglo American Corporation of SA. Ford, which already holds 45% of Samcor’s shares, is set to purchase Anglo’s 45% — 35% immediately and the remaining 10% within the next two years. Ford will […]

ANGLOGOLD, the world’s biggest gold producer, said on Tuesday the company’s shares have been included in the All Ordinaries index of the Australian Stock Exchange. AngloGold said in a statement the stock represented 0,11% percent of the ASX All Ordinaries index and 9,6% of the ASX Gold index. Last month the South African gold miner […]

ANGLOVAAL Mining (Avmin) has signalled its intention to dispose of its stake in the Saturn diamond partnership to De Beers in a deal that could net it close to R40-billion. The Saturn Partnership is a 50% stakeholder in the pretax profit of Venetia Diamond mine, the richest diamond mine in SA. De Beers receives the […]

THE financial markets watchdog had opened 10 new investigations in the past three months into suspicious share dealings on the JSE, according to the Insider Trading Directorate. But it has not brought any fresh legal action against individuals for the exploitation of privileged information to profit from share trading, according to a statement from its […]

ANDY CAPOSTAGNO, Johannesburg | Saturday 6.00pm. THE Supersport Series final at the Wanderers is intriguingly poised at the end of the second day. Gauteng are 221-3 in reply to Border’s total of 346, trailing by 125 runs with seven wickets in hand. The key wicket of Daryll Cullinan is still intact, but the second new […]

OWN CORRESPONDENT, Johannesburg | Friday 10.00pm. ZIMBABWE paceman Henry Olonga sent England to a hefty 104-run one-day defeat on Friday. Olonga ripped through the top five in the England batting order and finished with a personal best six for 19 — the finest figures by a Zimbabwean in the limited overs format. England fell for […]

cash Luvuyo Kakaza Creative minds stand to win mega prizes in the second annual Hansa Pilsener Cool Sounds Songwriting competition when winners are announced in March. In a departure from the usual Shell Road to Fame talent search for performing artists, the songwriting competition does not require entrants to perform, but to compose songs in […]