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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.

Transnet wary of public-private deals

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Logistics firm Transnet says while it is open to working with private firms on its expansion plan, it would be cautious as many past deals were "disasters".

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.

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.

Kimberley ends Marange diamonds ban

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The Kimberley Process has lifted a freeze on the sale of diamonds from Zimbabwe's disputed Marange fields, says the head of the global "blood diamonds" monitor.

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.

S&P unfazed by silicosis claims threat

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Ratings agency Standard & Poor says it is too soon to assess whether South African miners will be significantly hit by silicosis claims.