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Microsoft Launches Half a Billion Rand BBBEE Deal in SA

In one of the biggest equity equivalent deals seen in South Africa to date, Microsoft is to invest almost half a billion Rand over the next seven years into the local software industry.  The deal, announced on Friday 23 April 2010 by Trade and Industry Deputy Minister Maria Ntuli and Microsoft South Africa Managing . . . → Read More: Microsoft Launches Half a Billion Rand BBBEE Deal in SA

Soutstryd kom tot ‘n End

ñ Soutontginningsmaatskappy op Upington se aansoek om verlof om te appelleer teen ‘n hooggeregshofbevel waarvolgens dit alle mynbedrywighede op ‘n soutpan in die Kalahari moes staak, is in die hooggeregshof met koste van die hand gewys. Hiermee is nog ‘n hoofstuk afgesluit in die jare lange hofstryd tussen Saamwerk Soutwerke en SA Soutwerke weens . . . → Read More: Soutstryd kom tot ‘n End

Wysigings aan Voorlopige Munisipale Eiendomsbelasting

Na aanleiding van openbare teenkanting teen aspekte van die Munisipale Eiendomsbelastingwetgewing en enkele praktiese probleme met die implementering van dele van die Wet, het die Departement van Korporatiewe Regering en Tradisionele Sake besluit om openbare verhore oor die Wet te hou ten einde die wysigings daarvan te oorweeg. Eiendomsbelasting word gebruik om dienste te . . . → Read More: Wysigings aan Voorlopige Munisipale Eiendomsbelasting

Siyanda Straatparade ter Viering van Wêreldbeker Sokker 50 Dae

Die Siyanda Distriksmunisipaliteit het op Vrydag 23 April 2010 ‘n straatparade gehou. Hierdie para-de het deel gevorm van die 50 dae voordat die Sokker Wêreld Beker begin aktiwiteite wat regdeur die land gehou is.  Die parade het afgeskop by die Danie Kuys stadionwaar al die staatsdepartemente en nie-regeringsorganisasies bymekaar gekomhet. Die Uitvoerende Burgemeester van . . . → Read More: Siyanda Straatparade ter Viering van Wêreldbeker Sokker 50 Dae

Rush for Swine Flu Shots

Queues are already building up at clinics countrywide for vaccination against swine flu.  The National Department of Health said that had begun its mass vaccination campaign   against the virus on April 05, ahead of the start ofthe soccer World Cup in June.  Spokesman Fidel Hadebe said the department would give about 4.3million jabs to . . . → Read More: Rush for Swine Flu Shots

ANC Link to Russian Mining Ventures in NC Emerges

As debate within ANC circles reaches fever pitch over whether Parliament should take steps to legislate political party involvement in state deals, more evidence of its investment arm’s tentacles in business – with the help of its government links – has begun to emerge.  United Manganese of Kalahari (UMK), a Russian-South African consortium, won . . . → Read More: ANC Link to Russian Mining Ventures in NC Emerges

SACP Protests against FNB Branch Closures

The SA Communist Party (SACP) marched against First National Bank (FNB)’s decision to close 34 of its branches in the Free State and Northern Cape. In a statement the party’s Moses Kotane branch in the Free State said it held a peaceful protest march in Dealesville in the Free State against “the profit-motivated decision . . . → Read More: SACP Protests against FNB Branch Closures

Black Ownership Transformation in Mining Lagging

Few of the JSE’s Top 25 mining companies were “anywhere close” to achieving the target of 26% black ownership by 2014, a new survey revealed on Thursday 22 April 2010.  A review of black economic-empowerment (BEE) and ownership in the mining industry, which was undertaken by KIO Advisory Services on behalf of the South . . . → Read More: Black Ownership Transformation in Mining Lagging

Anglo Optimistic of Mining Industry

The outlook for the mining industry in the medium-term and the long-term remained strong, Anglo American CEO Cynthia Carroll said at the company’s annual general meeting (AGM) on Thursday 22 April 2010 in London UK.  “Broadly, I believe we can be reasonably optimistic,” Ms Carroll added.  Anglo Chairperson Sir John Parker said that a . . . → Read More: Anglo Optimistic of Mining Industry

Kumba Lifts Q1 Output to 11,5Mt

JSE-listed Kumba Iron Ore (KIO) on Thursday 22 April 2010 reported a 23% year-on-year increase in its total iron-ore output to 11,5-million tons in the quarter ended March 31, 2010.  Compared with the December quarter, KIO’s total production figures had remained relatively flat in the first quarter of the year.  The Sishen mine, however, . . . → Read More: Kumba Lifts Q1 Output to 11,5Mt