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Mining

NUM, AngloGold agree on Kopanang payouts

Sep 24 2017 06:00

The National Union of Mineworkers and AngloGold Ashanti have reached an agreement to pay Kopanang mine workers retrenchment packages before the company finalises the sale of the mine.

Industrial

Starting date for new SAA CEO finally set

Sep 22 2017 14:47

Following the conclusion of negotiations on a release date of its new CEO Vuyani Jarana by his current employer, SAA is now able to say when he will actually start.

Mining

Gupta coal mine to pay salaries late after bank bid fails

Sep 22 2017 14:23

Gupta-owned Optimum Coal Mine will pay its employees late this month, after a court dismissed the Guptas’ bid to prevent the Bank of Baroda from closing its accounts.

Financial Services

KPMG booted off Business Leadership SA

Sep 22 2017 11:07

The Board of Business Leadership SA has suspended the membership of KPMG SA, pending the outcome of a probe into the audit firm's involvement in state capture.

Industrial

Gigaba says SAA's Myeni's contract is legal

Sep 22 2017 10:53

Finance Minister Malusi Gigaba has told Parliament’s standing committee on finance that South African Airways chairperson Dudu Myeni’s extended contract is legal.

Property

PHOTO: Perfect location for new skyrise in Cape Town

Sep 22 2017 15:00

A new 24-storey office tower development is under way Cape Town's CBD, located in the popular foreshore precinct close to the Cape Town International Convention Centre.

Industrial

Dangote ups bidding war for PPC with cash, share offer

Sep 22 2017 08:28

Dangote Cement has written to PPC offering cash and shares as part of a takeover deal that is fuelling a bidding war.

Financial Services

SA accountancy body: We have no mandate to probe KPMG

Sep 21 2017 14:52

The South African Institute of Chartered Accountants has denied media reports that it was planning to investigate auditing firm KPMG, saying it has no legal mandate to do so.

Industrial

SAA still negotiating with Vodacom to release new CEO Vuyani Jarana

Sep 21 2017 13:22

SAA is still in negotiations with Vodacom over its contract with the state-owned airline’s newly appointed chief executive Vuyani Jarana.

Investment Holdings

Imperial CEO Mark Lamberti sees split at risk from SA turmoil

Sep 21 2017 12:42

Imperial Holdings CEO Mark Lamberti says he will push ahead with a plan to split the firm next year unless political turmoil or a sovereign rating downgrade forces a delay.

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