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May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
JOHANNESBURG - AngloGold Ashanti and Randgold Resources said on Saturday they had entered into an agreement with Congo's state owned OKIMO group to buy an additional 20% stake in Moto Goldmines for $113.6m.
Post transaction, AngloGold and Randgold will own 90% of Moto Gold Mines and the remainder will be held by OKIMO.
"This increases our participation in the Moto Gold project, which is an important part of our future growth plans," said AngloGold Ashanti CEO Mark Cutifani.
- Reuters