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Egypt steel magnate faces fresh graft charges

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Egyptian steel magnate Ahmed Ezz, a top ally of ousted President Hosni Mubarak who is being investigated for graft, faces fresh charges of profiteering and squandering public funds.

Eskom ups profits on tariffs

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Power utility Eskom has reported a net profit of R8.4bn for the year, helped again by higher electricity tariffs.

Transnet: Swazi link is Waterberg saviour

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Transnet's plans to service the strategic Waterberg coalfields hinge on whether it will succeed in moving general freight off the coal line, via a Swaziland loop.

Salaries of Eskom execs doubled

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Eskom has paid executives 109% more than in the previous year, with its CEO now earning R5.7m a year and its human resources head getting a 507% pay hike.

Mzi Khumalo crosses the border

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Controversial mining magnate Mzi Khumalo is closing shop in South ­Africa as his main corporate entity goes into final liquidation.

JSE reaching oversold levels

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The local market is oversold and could possibly again experience the short-term run, technical analysis shows.

Godsell: How to curb the youth’s anger

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It will be pathetic if South Africans allowed themselves to be paralysed by the ANC Youth League’s demands, says Business Leadership SA chair Bobby Godsell.

Gold steady as investors mull Greece crisis

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Gold is trading steady as uncertainty over Greece's ability to remain solvent lingers.

AngloGold takes 11.5% stake in Stratex

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AngloGold Ashanti has taken an 11.5% stake in Stratex International, an exploration and development company with mines in Turkey, Ethiopia and Djibouti.

Platmin halts work at Pilanesberg

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Platmin has suspended mining operations at its Pilanesberg platinum mine, says the group.