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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.
Johannesburg -
Glencore, the world’s largest commodity trader, said on Thursday it had
raised its stake in South African takeover target Optimum Coal Holdings to 25.8%
from 24.7%.
Glencore said in a statement that it had acquired about 2.5
million shares at an average price of R37.99 a share, which is more than the
R34 per share that a consortium of Glencore and a company owned by its South
African partner, politician-turned-tycoon Cyril Ramaphosa, had publicly
offered.