In this week's edition we take a look at the Zuma effect, surprising ways the economy will change and deliver a sobering Covid-19 report card.
High level clouds. Warm.
The approval by the Gauteng High Court in Johannesburg for a landmark R5bn settlement with ill gold miners has been broadly welcomed by the affected parties.
The drop on Monday was led by the Chinese mainland benchmark which reopened after a week-long holiday to trade significantly lower. The Shanghai Composite Index eventually closed 4.3% lower while the Hang Seng lost 1.39%.
After more than two decades of improving mine safety since the end of apartheid, South Africa’s progress has stalled with an increase in gold-mining deaths.
AngloGold Ashanti says it has made "the difficult decision" to restructure the company to support a smaller footprint in South Africa, reducing production by about 50%.
The body of a miner who was trapped in the AngloGold Ashanti Mponeng mine in Carletonville, south-west of Johannesburg, has been recovered.
Rescue operations are currently underway at the AngloGold Ashanti Maponeng mine in Carltonville, in the western part of Gauteng, for a miner who has been trapped.
South African mining firms, including Anglo American, are preparing a R1bn settlement with as many as 100 000 former workers suffering from deadly lung diseases.
Overberg Asset Management share analyst Kirk Swart looks at a mixed bag of companies after their earnings reports in this week's share watch.
A 34-year-old miner facing retrenchment at AngloGold’s Carletonville gold mine is still paying off the bribe which he claims secured him his job two months ago.
The Presidency says it is concerned with the "relentless public attacks" on President Jacob Zuma.
The six companies will payout R5bn in claims and miners will receive between R70 000 and R500 000, depending on which of four categories they fall into.
The two biggest South African unions at Sibanye Gold's mines have gotten permission to strike over pay after a deadlock in gold wage talks.
The National Union of Mineworkers says it’s deadlocked over pay with the producers after numerous rounds of negotiations.
South Africa needs comprehensive legislation and court rules regulating class actions suits to better serve the principle of access to the justice system, says Theo Broodryk.
AngloGold Ashanti has agreed to sell mines in South Africa to reduce exposure to high-cost assets and free up cash for more profitable international operations.
Equities closed the say in the red, having been dragged down by weaker commodity prices.
AngloGold Ashanti's turnaround strategy at its loss-making operations, which could see up to 8 500 jobs cut, aims to protect the business and most of its workers, says CEO Srinivasan Venkatakrishnan.
AngloGold Ashanti CEO Srinivasan Venkatakrishnan is set to outline the company’s future capital allocation philosophy and efforts to improve safety.
Public Protector Thuli Madonsela has raised R660 000 from cash donations for a fund she established for the #FeesMustFall movement, her office says.
While it’s taken more than seven years, the unlikely combination of deep-pocketed US lawyers and SA's silicosis mining victims is finally having some success.
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