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Cabal plotted to oust Zimbabwe’s Mugabe

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Robert Mugabe, Zimbabwe president, said a cabal had plotted to remove him from power.

Pan African BEE unaffected by merger

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Pan African Resources said the company created from the merger of Pembani and Shanduka would not hold its shares, but that its BEE credentials were unaffected.

Kgadima PetroSA appointment rescinded

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The appointment of Tshepo Kgadima as chairman of PetroSA has been rescinded following controversy about his coal mining dealings.

Zuma’s health questioned by social media

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Observers of President Jacob Zuma's State of the Nation Address said he looked "drawn and "thin" in his first public appearance since convalescing in hospital.

Fenxi to develop 400mt coal in Kenya

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China's Fenxi Mining Industry has signed a concession with Kenya to develop a 400 million tonne coal deposit in the east Africa country.

Medupi start-up to make little difference

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Insufficient maintenance of its existing fleet means power availability of Eskom's fleet has fallen drastically.

Northam accepts NUM memorandum

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The NUM delivers a memorandum to Northam following a march on its Johannesburg offices.

Eskom lifts profit 22% despite volume fall

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Eskom reported a 22% increase in interim profit even though electricity volumes declined to 107,307 gigawatt-hours, a fourth straight first-half decrease.

Anglo credit rating under threat: Moody’s

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Anglo American's restructuring plans may not be enough to save its investment grade rating, according to credit rating agency, Moody's.

Paragon Diamonds investor hails gems

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A private equity investor who recently took a $4.3m stake in London's Paragon Diamonds said investing in gems would return value throughout the cycle.