South Africa's Village Main Reef says it will retrench some workers

Tanisha Heiberg|Published

South African gold miner Village Main Reef has begun steps to retrench workers at its Tau Lekoa mine, Kopanang mine and West Gold Plant.

Harmony Gold to resume reduced operations during coronavirus lockdown

Tanisha Heiberg|Published

South Africa?s Harmony Gold said on Monday it will resume operations up to 50% capacity.

Transnet to cut transport of non-essential cargo during lockdown

Tanisha Heiberg|Published

Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday.

Impala Platinum posts 41% rise in earnings, reinstates dividend

Tanisha Heiberg|Published

South Africa?s Impala Platinum Holdings Ltd (Implats) posted a 41% rise in half-yearly earnings on Thursday.

Anglo American Platinum CEO Griffith to step down

Tanisha Heiberg|Published

Anglo American Platinum (Amplats) said on Monday its Chief Executive Officer Chris Griffith will step down effective April 16.

Tongaat Hulett posts smaller interim loss

Tanisha Heiberg|Published

Scandal-hit South African sugar producer Tongaat Hulett Ltd reported a smaller half-year interim loss on Friday.

AngloGold Ashanti and IAMGOLD to sell stake in Mali mine

Tanisha Heiberg|Published

Mining company AngloGold Ashanti and its joint venture partner IAMGOLD plan to sell their stake in the Sadiola project in Mali for $105m.

Dis-Chem half-year profits fall

Tanisha Heiberg|Published

South African drugstore chain Dis-Chem Pharmacies Ltd reported a 39% drop in interim profit on Thursday, hurt by strike-related costs and lower demand from suppliers. ...

Blue Label Telecoms under threat of listing suspension

Tanisha Heiberg|Published

South Africa?s Blue Label Telecoms has failed to comply with Johannesburg Stock Exchange requirements.

South African rand steady as investors await data releases

Tanisha Heiberg|Published

South Africa?s rand was steady on Tuesday, as investors refrained from taking big positions ahead of a slew of data releases.

Mr Price warns of possible loss

Tanisha Heiberg|Published

Mr Price Group Ltd faces a potential hit of up to 20 million rand ($1. 37 million), the South African clothing retailer said on Thursday.

Tongaat to delist from London Stock Exchange

Tanisha Heiberg|Published

Tongaat Hulett will delist its shares from the London Stock Exchange to cut costs and streamline its shareholding structure amid low trading volumes.

Vedanta Resources launches arbitration in dispute with Zambia

Tanisha Heiberg|Published

Mumbai-listed Vedanta has been locked in a dispute with the Zambian government since May when Lusaka appointed a liquidator to run KCM.

Eskom warns of load shedding

Tanisha Heiberg|Published

The state-owned power utility Eskom warned of the risk of load-shedding on Monday following power constraints due to maintenance.

Exxaro looks to fill Eskom coal shortage

Tanisha Heiberg|Published

Exxaro Resources said on Friday it was looking to supply coal to state-owned power utility Eskom, which has been hit by supply shortages.

Exxaro eyes South32's coal assets

Tanisha Heiberg|Published

Exxaro is interested in South32?s local coal assets, which include an export quota, Exxaro?s chief executive said.

NUM threatens to strike in coal sector over wages

Tanisha Heiberg|Published

SA's National Union of Mineworkers said on Tuesday its coal workers will embark on a strike if the Chamber of Mines does not meet its wage demands.

Low maize prices could put SA farmers under pressure

Tanisha Heiberg|Published

A big maize crop following recent rains has pulled prices to two-year lows, eroding farmers' ability to pay for inputs for the new season, Grain SA said.

SA’s proposed nuclear power plant unsafe - study

Tanisha Heiberg|Published

Eskom disputes research that claims its chosen site for a nuclear power station may be at risk of storm surges and tsunamis.

Drought: SA’s dams could take five years to recover

Tanisha Heiberg|Published

Even if South Africa experiences normal rainfall now, the risk of water restrictions remains high.

SA’s sugar tax could include pure fruit juices

Tanisha Heiberg|Published

South Africa could add pure fruit juices to the list of drinks expected to face a levy under a proposed sugar tax, says the Treasury.

SA farmers are rebuilding their herds

Tanisha Heiberg|Published

The government says the drought reduced the national herd by 15 percent as grazing lands withered and cattle-feed prices surged.

SA is key to Cotton On’s growth plan

Tanisha Heiberg|Published

Australia’s no-frills chain Cotton On sees its South African stores as a key contributor to its revenue growth plans.

SA maize prices could fall in 2017

Tanisha Heiberg|Published

South Africa’s sky-high maize prices could normalise next year as crops recover from a devastating drought this season.