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Godongwana dismisses “scarecrow” tax critics

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The ANC's Enoch Godongwana said critics of resource rents were scaremongers, and that South African mining should expect more taxes.

Nationalisation expunged from ANC lexicon

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Nationalisation is off the table, said public enterprises minister Malusi Gigaba said, but strategic ownership was, on the balance of evidence, likely to be a reality.

Lonmin pumps rights issue into $700m debt

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LONMIN has used the bulk of its $817m rights issue raised earlier this month to repay its $700m bank debt.

Ramaphosa election voted good for business

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The rand firmed against the dollar yesterday in a signal that investors viewed the appointment of Cyril Ramaphosa as deputy president of the ANC positively.

Ramaphosa review may quicken Shanduka listing

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Shanduka was reviewing its portfolio ahead of a listing even before its founder and ANC deputy president, Cyril Ramaphosa, launched a review of his business interests.

De Beers expects price growth in 2013

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De Beers CEO, Philippe Mellier, says the diamond company should produce 27 million carats in 2013 which would provide a platform for price growth.

Range River in R270m Firestone Energy bid

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Range River Gold has made a share-based offer for Firestone Energy which has urged shareholders to do nothing until a bidder's statement is lodged.

Marikana “exposed culture of violence”: Zuma

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The Marikana tragedy exposed a deep culture of violence in SA society as well as organisational challenges in the workplace, said president Jacob Zuma.

Wits Gold is an “opportunity” for Sibanye

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Wits Gold could provide an opportunity for Sibanye Gold, the firm created after Gold Fields unbundled its mature South African mines.

Tax talk to dominate Mangaung mines debate

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There's no doubt a tax overhaul will dominate the debate when delegates at Mangaung turn their attention to the country's key economic sector.