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/ 23 May 2008

‘Deliberate effort’ behind attacks

South Africa’s security chief on Friday accused rightwingers linked to the former apartheid government of fanning xenophobic violence that has spread to Cape Town, the second largest city and tourist centre. At least 42 people have been killed and thousands driven from their homes in 12 days of attacks.

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/ 23 May 2008

Violence adds to economic woes

Anti-foreigner violence in South Africa has already hit the mining sector, a mainstay of the domestic economy, and threatens to undermine confidence among international investors, analysts say. Even before the unrest broke out, the outlook for the South African economy was clouded by uncertainty.

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/ 5 May 2008

JSE sharply higher on miners, world markets

South African stocks were sharply higher at noon on Monday, led by miners on stronger metal prices, while easing United States economic concerns added to the upbeat mood. Local cellphone firm MTN Group was in focus again on ongoing speculation that an Indian firm might launch a takeover bid for the company, traders said.

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/ 3 May 2008

Mining to resume at Gold Fields after accident

Mining operations at Gold Fields’ South Deep mine will resume on Monday, the company said on Saturday, two days after nine workers were killed in an accident. Gold Fields said no mining would take place at South Deep until after a meeting Monday morning between management, unions and a provincial mining inspector.

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/ 1 May 2008

Nine workers dead in mine accident

Nine miners have died after an accident at the Gold Fields South Deep mine near Randfontein in Gauteng, the chief inspector of mines said on Thursday. Thabo Gazi said he received a report about the accident at about 12pm. It is believed that a conveyance in an inclined shaft fell down the shaft after the rope snapped.