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Miners relieved nationalisation is dead

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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

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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

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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.

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.

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.

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.

Gemfields attracting interest from retailers

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International jewellery retailers were looking to buy a piece of Gemfields following its proposed takeover of historic brand Faberge, CEO Ian Harebottle said.

Zim shuts Afripalm Resources after Northam failure

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Lazarus Zim sacked employees at the plush Sandton offices of Afripalm Resources following a dire couple of years in which he lost millions in personal fortune.