Zimbabwe is engaging South Africa over using its neighbour’s Rand currency to boost foreign exchange liquidity, Prime Minister Morgan Tsvangirai said on Thursday 19 February 2009. South African President Kgalema Motlanthe said earlier this month that Zimbabwe, grappling with inflation which has spiralled to over 200-million per cent, rendering its currency worthless, could adopt the Rand, . . . → Read More: Zimbabwe Eager to Adopt SA Currency
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South African iron-ore miner Kumba Iron Ore (KIO) is in strategic discussions with state-owned rail-transport enterprise Transnet on the possible creation of a public private partnership (PPP). KIO CEO Chris Griffith said that “for the first time, the PPP door seems to be slightly open to us”. Until recently, the prospect of a PPP was not . . . → Read More: Kumba in PPP Talks with Transnet JSE-listed mining holding company Assore has reported a 357% increase in headline earnings for the six months ended December 2008, rising to R2,98-billion. The improved performance was mainly owing to the significant increase in the company’s 50%-owned subsidiary Assmang, as well as the increased commissions earned on the higher sales of group products. Ferrous-metals miner Assmang’s . . . → Read More: Assmang’s Headline Earnings Surged by 391% in H2 2008 Article & photographs by Hester Nortje Cobus Solomon (6) van Kathu het vir die Kellogg’s Coco Pops se Be a Game Ranger kompetisie ingeskryf en ‘n dag by Tswalu Kalahari Reservaat gewen. Hy vertel geesdriftig in sy eie woorde : “By die hek het Tannie Amanda van Kellogg’s en twee wildbewaarders, Oom Christo en Oom Joe ons kom haal. By die lodge . . . → Read More: Kathu Seuntjie se Wildbewaardersdroom word Waar by Judi Bolweg Rumours of cholera bacteria in Kathu’s drinking water were dispelled by both the Gamagara municipality and Kumba Iron Ore on Wednesday 25 February 2009, after misinformation spread through the town like wild fire on Tuesday 24 February 2009, causing residents to turn to bottled or boiled water for drinking purposes. An urgent notice circulated . . . → Read More: NO CHOLERA IN KATHU WATER  Comments are closed  Front Page / Voorblad, General / Algemeen, Health & Safety / Gesondheid & Veiligheid, Regional / Streek FIFA has reported that a scramble for tickets ensued on its website following the launch of 2010 FIFA World Cup tickets globally on 20 February 2009. “Twenty-four hours after the online tickets went on sale on Friday 20 February, applications from 128 countries for 216 975 tickets had been received via the website, excluding the hard . . . → Read More: Big Frenzy as Fifa World Cup 2010 Tickets Go on Sale by Judi Bolweg 20 February 2009 The share price of diversified mining major Anglo American fell heavily on Friday after the iconic South Africa-rooted company said that it was suspending dividend payments and was shedding 19 000 jobs. Anglo CEO Ms Cynthia Carroll said that the world economy faced an unprecedented level of uncertainty and the outlook remained poor . . . → Read More: Anglo American Suspends Dividends & Cuts 19000 Jobs 23 February 2009 Global steel output plunged 24% in January, year on year, as the worldwide economic downturn forced a cutback in nearly all major steel producing countries, official data showed at the weekend. The World Steel Association said crude steel output fell to 86-million tons in January. All major producing countries posted double-digit decreases, except . . . → Read More: World January 2009 Steel Output Drops 24% |
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