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May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
Cape Town - Science and Technology Minister Naledi Pandor on Tuesday angrily dismissed fears the management battle at Eskom would scare off foreign investors, saying it was just a boardroom tussle.
You cannot turn a boardroom problem into a national economic crisis," she snapped at a journalist at a media briefing by Cabinet's economic and employment cluster in Cape Town.
Pandor added that the rand seemed to have strengthened in early trading on Tuesday and that the gold price was holding steady, defying any notion of a crisis.
She commended Public Enterprises Minister Barbara Hogan for moving swiftly to name board member Mpho Makwana as acting chairperson after Bobby Godsell resigned from the post.
Godsell quit on Monday after the government failed to back the Eskom board's decision last week to accept the resignation of CEO Jacob Maroga.