Miners relieved nationalisation is dead
The Chamber of Mines said a key uncertainty for investors had been removed when the ANC consigned nationalisation of mines to the rubbish heap.
ANC raises prospect of youth subsidy in 2013
Despite Cosatu opposition, a youth subsidy in which employers are offered tax breaks to provide first jobs is likely to break surface in 2013, the ANC has said.
Godongwana dismisses “scarecrow” tax critics
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
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.
Ramaphosa election voted good for business
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
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.
Lonmin pumps rights issue into $700m debt
LONMIN has used the bulk of its $817m rights issue raised earlier this month to repay its $700m bank debt.
Range River in R270m Firestone Energy bid
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.
De Beers expects price growth in 2013
De Beers CEO, Philippe Mellier, says the diamond company should produce 27 million carats in 2013 which would provide a platform for price growth.
Marikana “exposed culture of violence”: Zuma
The Marikana tragedy exposed a deep culture of violence in SA society as well as organisational challenges in the workplace, said president Jacob Zuma.