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South Africa

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Article
/ 18 February 2010

Implats posts fall in first-half earnings

Impala Platinum (Implats), the world’s number two platinum miner, on Thursday posted a 76% fall in first-half earnings.

By Staff Reporter
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Article
/ 18 February 2010

Standard Bank sees lower full-year profit

Standard Bank expects to report about a 20% decline in full-year normalised headline earnings per share, it said on Thursday.

By Staff Reporter
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Article
/ 18 February 2010

Woolworths lifts first-half profit

Woolworths posted a 40% rise in first-half profit, bolstered partly by foreign-exchange gains as consumers battling rein in spending.

By Staff Reporter
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Article
/ 18 February 2010

SuperSport march on as lights go out for Sundowns

SuperSport United beat Platinum Stars 1-0 on Wednesday to move closer to a third successive Premiership title as their closest rival faltered.

By Billy Cooper
Gordhan backs inflation target
Article
/ 18 February 2010

Gordhan backs inflation target

Finance Minister Pravin Gordhan said on Wednesday there was no need to change the South African Reserve Bank’s existing inflation target band.

By Stella Mapenzauswa
Tutu’s genome sequenced as part of genetic study
Article
/ 18 February 2010

Tutu’s genome sequenced as part of genetic study

Archbishop Desmond Tutu has become the latest prominent figure to have his full genome deciphered, scientists revealed on Wednesday.

By Staff Reporter
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Article
/ 17 February 2010

Joburg’s informal traders to score at World Cup

Johannesburg’s informal traders stand to score big during the 2010 Fifa World Cup if they adhere to the international soccer body’s by-laws.

By Staff Reporter
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Article
/ 17 February 2010

Public Protector, Shiceka to visit Balfour

Public Protector Thuli Madonsela and Cooperative Governance Minister Sicelo Shiceka will on Thursday visit Siyathemba township in Balfour.

By Staff Reporter
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Article
/ 17 February 2010

Ballot box or pine box?

The news… according to Hayibo.com.

By Staff Reporter
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Article
/ 17 February 2010

SA lifts spending to tackle poverty, health

South Africa will spend an extra R112-billion over the next three years as it tackles poverty, boosts job creation and fights HIV/Aids.

By Staff Reporter
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Article
/ 17 February 2010

SA to start mining royalties from March 1

South Africa will from March 1 this year levy mining royalties that were postponed due a recession last year, the National Treasury said on Wednesday.

By Staff Reporter
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Article
/ 17 February 2010

Taxpayers not off the hook

Although Finance Minister Pravin Gordhan backed away from increases in personal tax this year, he clearly left the door open for future tax hikes.

By Maya Fisher French
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Article
/ 17 February 2010

Economy to resume growth in 2010, jobs a challenge

South Africa’s economy is expected to grow by 2,3% in 2010 after contracting 1,8% last year, but unemployment remains a critical challenge.

By Stella Mapenzauswa
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Article
/ 17 February 2010

Inflation target to stay, no rand pegging

SA’s central bank will continue to target inflation at between 3% and 6% although debate on monetary policy is constructive over the longer-term.

By Stella Mapenzauswa
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Article
/ 17 February 2010

Concerns about economy lead to NHI scepticism

Scepticism of the National Health Insurance scheme is not a reaction against change, but shows concern about its impact on the wider economy.

By Staff Reporter
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Article
/ 17 February 2010

DA suspends MP for swearing in Parliament

The Democratic Alliance (DA) has suspended MP Dianne Kohler Barnard for five days for swearing in the National Assembly, the party said on Wednesday.

By Schalk Mouton
Super rugby milestone for John Smit
Article
/ 17 February 2010

Super rugby milestone for John Smit

John Smit will become the first South African to play 100 games for a Super rugby team when the Sharks hosts the Cheetahs on Friday night.

By Staff Reporter
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Article
/ 17 February 2010

SA retail sales fall less than expected

South Africa’s retail sales fell by a less-than-expected 3,7% year-on-year in December, data showed on Wednesday.

By Staff Reporter
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Article
/ 17 February 2010

Sun City manager strangled

A Sun City manager was found strangled in her flat at the resort on Monday, on the day that a Fifa workshop started there, North West police said.

By Staff Reporter
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Article
/ 17 February 2010

IFM to fire smelters with Angloplat waste ore

SA ferrochrome producer International Ferro Metals plans to cut costs by firing its smelters with waste product from mining peer Anglo American.

By Staff Reporter
Spinners make things hard for the Proteas
Article
/ 17 February 2010

Spinners make things hard for the Proteas

South Africa were struggling to save the final Test against India after losing three key wickets in a rain-curtailed fourth day’s play on Wednesday.

By Staff Reporter
Zuma bodyguards raise spectre of ‘police state’
Article
/ 17 February 2010

Zuma bodyguards raise spectre of ‘police state’

The arrest of a student for "swearing" at President Jacob Zuma’s convoy is a tactic of a police state, not a democracy, the DA said on Wednesday.

By Staff Reporter
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Article
/ 17 February 2010

Labour Dept: ‘White people in general are fine’

White South Africans are generally the biggest beneficiaries of recruitment and promotion in the workplace, Jimmy Manyi said on Tuesday.

By Staff Reporter
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Article
/ 16 February 2010

Presidency: Solidarity misleads public on anti-crime letters

Trade union Solidarity is misleading the public about its 23 000 letters on crime from concerned South Africans, the Presidency said on Tuesday.

By Staff Reporter
Sparks fly in Parliament
Article
/ 16 February 2010

Sparks fly in Parliament

Major opposition parties staged a walkout from Parliament on Tuesday, with accusations of swearing being made by the ANC.

By Mandy Rossouw and Sapa Afp
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Article
/ 16 February 2010

Budget to balance social needs with lower revenue

SA unveils a new budget on Wednesday that will aim to pull cash from stretched state coffers to back the president’s promises to create jobs.

By Justine Gerardy
Jean de Villiers on his way back to SA
Article
/ 16 February 2010

Jean de Villiers on his way back to SA

Jean de Villiers will quit Munster at the end of the season and return home in an attempt to win a place in South Africa’s 2011 World Cup squad

By Staff Reporter
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Article
/ 16 February 2010

Nationalisation is not govt policy, says Zuma

President Jacob Zuma repeated firmly on Tuesday that nationalisation is not government policy.

By Michael Hamlyn
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Article
/ 16 February 2010

Selebi trial: NPA wins battle against Security Ministry

Former intelligence coordinator Barry Gilder will be allowed to testify in the trial of former police boss Jackie Selebi, the NPA said on Tuesday.

By Staff Reporter
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Article
/ 16 February 2010

Presidency refuses to accept crime letters for Zuma

The presidency on Tuesday refused to accept 23 000 letters — loaded in wheelbarrows — about crime from concerned South Africans.

By Staff Reporter
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Article
/ 16 February 2010

Self-proclaimed R91m jackpot winner ‘is a phoney’

The self-proclaimed "winner" of the R91-million Powerball jackpot is a phoney, the company that operates the national lottery said on Tuesday.

By Staff Reporter
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Article
/ 16 February 2010

All eyes on Gordhan ahead of budget speech

The government should maintain taxation at current levels, the Banking Association of SA said on Tuesday as it presented its pre-budget wish list.

By Staff Reporter
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