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Sunday, June 8, 2025

South Africa's Village Main Reef says it will retrench some workers

South African gold miner Village Main Reef has begun steps to retrench workers at its Tau Lekoa mine, Kopanang mine and West Gold Plant.

Business Report Companies
Tanisha Heiberg|Published

Harmony Gold to resume reduced operations during coronavirus lockdown

South Africa?s Harmony Gold said on Monday it will resume operations up to 50% capacity.

Business Report Companies
Tanisha Heiberg|Published

Transnet to cut transport of non-essential cargo during lockdown

Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday.

Business Report Companies
Tanisha Heiberg|Published

SA mining sector braces for 21-day coronavirus lockdown

South African mining companies are bracing for a heavy hit from the country's looming nationwide lockdown to slow the spread of the coronavirus, warning of an expected leap in costs in addition to their lost output.

News South Africa
Tanisha Heiberg|Published

Impala Platinum posts 41% rise in earnings, reinstates dividend

South Africa?s Impala Platinum Holdings Ltd (Implats) posted a 41% rise in half-yearly earnings on Thursday.

Business Report Companies
Tanisha Heiberg|Published

Anglo American Platinum CEO Griffith to step down

Anglo American Platinum (Amplats) said on Monday its Chief Executive Officer Chris Griffith will step down effective April 16.

Business Report Companies
Tanisha Heiberg|Published

Tongaat Hulett posts smaller interim loss

Scandal-hit South African sugar producer Tongaat Hulett Ltd reported a smaller half-year interim loss on Friday.

Business Report Companies
Tanisha Heiberg|Published

AngloGold Ashanti and IAMGOLD to sell stake in Mali mine

Mining company AngloGold Ashanti and its joint venture partner IAMGOLD plan to sell their stake in the Sadiola project in Mali for $105m.

Business Report Companies
Tanisha Heiberg|Published

Dis-Chem half-year profits fall

South African drugstore chain Dis-Chem Pharmacies Ltd reported a 39% drop in interim profit on Thursday, hurt by strike-related costs and lower demand from suppliers.

Business Report Companies
Tanisha Heiberg|Published

SABC required to meet conditions before receiving R3. 2bn bailout

Cash-strapped SABC will get a R3. 2 billion bailout, but will need to meet preconditions including identifying assets to sell, the communications ministry said.

News
Tanisha Heiberg|Published

Blue Label Telecoms under threat of listing suspension

South Africa?s Blue Label Telecoms has failed to comply with Johannesburg Stock Exchange requirements.

Business Report Companies
Tanisha Heiberg|Published

South African rand steady as investors await data releases

South Africa?s rand was steady on Tuesday, as investors refrained from taking big positions ahead of a slew of data releases.

Business Report Economy
Tanisha Heiberg|Published

Mr Price warns of possible loss

Mr Price Group Ltd faces a potential hit of up to 20 million rand ($1. 37 million), the South African clothing retailer said on Thursday.

Business Report Companies
Tanisha Heiberg|Published

Tongaat to delist from London Stock Exchange

Tongaat Hulett will delist its shares from the London Stock Exchange to cut costs and streamline its shareholding structure amid low trading volumes.

Business Report International
Tanisha Heiberg|Published

Vedanta Resources launches arbitration in dispute with Zambia

Mumbai-listed Vedanta has been locked in a dispute with the Zambian government since May when Lusaka appointed a liquidator to run KCM.

Business Report International
Tanisha Heiberg|Published

Eskom warns of load shedding

The state-owned power utility Eskom warned of the risk of load-shedding on Monday following power constraints due to maintenance.

Business Report Companies
Tanisha Heiberg|Published

Eskom issues warning on risk of load-shedding tonight

Eskom warned of the risk of load-shedding on Monday night following power constraints due to maintenance and unplanned outages.

News
Tanisha Heiberg|Published

Exxaro looks to fill Eskom coal shortage

Exxaro Resources said on Friday it was looking to supply coal to state-owned power utility Eskom, which has been hit by supply shortages.

Business Report Companies
Tanisha Heiberg|Published

Exxaro eyes South32's coal assets

Exxaro is interested in South32?s local coal assets, which include an export quota, Exxaro?s chief executive said.

Business Report Companies
Tanisha Heiberg|Published

Death toll from listeria outbreak rises to 204

The death toll from the world's largest ever outbreak of the food-borne disease listeria has risen to 204.

News South Africa
Tanisha Heiberg|Published

#WaterCrisis: Plan floated to tug icebergs from Antarctica

Marine salvage experts are floating a plan to tug icebergs from Antarctica to the Cape Town to help solve the region's water crisis.

Cape Times News
Tanisha Heiberg|Published

Icebergs could float to the rescue of Cape Town's dire water crisis

Marine salvage experts are floating a plan to tug icebergs from Antarctica to the Cape Town to help solve the region's water crisis.

News South Africa
Tanisha Heiberg|Published

Maladministration probe ordered into Eskom, Transnet

President Cyril Ramaphosa has ordered the SIU to probe allegations of maladministration at state run-power utility Eskom and logistics group Transnet.

Cape Times News
Tanisha Heiberg|Published

Ramaphosa orders probe into Eskom and Transnet

President Cyril Ramaphosa has ordered the SIU to probe allegations of maladministration at state run-power utility Eskom and logistics group Transnet.

News Politics
Tanisha Heiberg|Published

Over 1700 will be retrenched at Evander Gold Mine, says NUM

NUM said that Pan African Resources would cut 1 722 jobs at its Evander Gold Mine in the Mpumalanga province.

News South Africa
Tanisha Heiberg|Published