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Transnet faces R85bn class action

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Transnet faces an R85bn class action from members of its pension funds who claim the firm stripped the funds of assets.

Zim reform will encourage IMF support

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The International Monetary Fund said Zimbabwe should reform its indigenisation and labour laws in order to attract foreign funding.

DRDGold to post interim share earnings lift

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DRDGold is to report a significant uplift in interim share earnings owing to higher gold production, the company said.

SA mulls platinum manufacturing zones

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The South African government is considering establishing two economic zones for the manufacture of platinum fuel-cell components.

Amara considers selling Baomahun

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Amara Mining would consider finding a partner or selling its Baomanun project in Sierra Leone in order to finance its lower cost Yaoure project in Ivory Coast.

Eskom lifts emergency power protocol

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Eskom said improved performance from its power stations and lower consumption from industrial users meant it could lift the emergency protocol it had called.

SA rescue “a concern” for Lesotho miners

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Analysts expressed concern regarding a possible rescue invasion of Lesotho by South African forces.

CRG ends talks with two of four suitors

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Central Rand Gold ended talks with two Chinese companies interested in bidding for the company, and extended the deadlines for bids from two others.

Zambia, Old Mutual in mines’ power project

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Old Mutual may buy a share in a $220m hydroelectric power project being developed by Copperbelt Energy Corp, the largest supplier to mines in Zambia.

Trans Hex ends MOR disposal strategy

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Trans Hex has exited the last of its holdings in South Africa's Middle Orange River diamond properties.