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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 19:13
Uncertainty over the future of the euro zone returned to push the rand down against the dollar.
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.
Cape Town - South Africa granted Royal Dutch Shell the right
to explore for oil and gas in the Orange Basin off the country’s west coast,
the company said on Friday.
“The deep-water portion of the Orange Basin has evidence of
source rocks which have the potential for significant commercial oil and gas
discoveries, although it is as yet largely unexplored,” Shell said.
Shell holds 100% of the license and will invest between
$15-25m to explore in the basin over the next three years, it added. The
exploration area covers just over 37 000 square kilometres.