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Eskom suspends CFO Anoj Singh pending investigation

State-owned power utility Eskom has suspended its chief financial officer, Anoj Singh, on a precautionary basis, pending the outcome of a forensic investigation

By Sabelo Skiti, Kyle Cowan and Mzilikazi wa Afrika 3 hours ago

Mining closures are all about planning

Coupled with the global movement of protecting the environment and leaving communities better off, mine closure is a complex process rather than a single event

15 hours ago

Minister Brown backs Eskom investigation

A thorough investigation is the only way to lift the cloud shrouding State-owned enterprises stemming from allegations of State capture, says Public Enterprises Minister Lynne Brown

1 day ago

Eskom inquiry's terms of reference broaden

The terms of reference of the inquiry into Eskom that will be undertaken by Parliament's public enterprises committee have been broadened

1 day ago

Rostatom signs skills transfer MoU

Rosatom, has signed an MoU with African Young Generation in Nuclear, a new pan-African forum for young professionals working in the nuclear sector

1 day ago

Disruption anticipated at Standard Bank Top Women Conference

What's your next? As an entrepreneurial, ambitious woman, the best place to answer that question is at the must-attend event this Women's Month: the 2017 Standard Bank Top Women Conference

Issued by Topco Media 2 days ago

Nigeria's ex-oil minister battles slew of graft cases

Nigeria's former oil minister's name crops up in a growing number of international cases of alleged corruption in the country's oil sector

2 days ago

ConCourt rules Diamond Act constitutional

Mineral Resources Minister Mosebenzi Zwane has welcomed a ruling which states that section 20A of the Diamonds Act, 1986 (as amended) is not unconstitutional

2 days ago

Hulisani bets on wind tower firm

Hulisani has made its third acquisition in three months by injecting R82.5m into wind tower manufacturer GRI Wind Steel SA

3 days ago

Guinea landslide kills three illegal miners

CONAKRY - Two women and a man who slipped past security in northeastern Guinea to pan for gold died in a landslide

21 Jul 2017

Minister tries new tactic to push through Mining Charter

After reaching a legal stalemate with the Chamber of Mines over the Mining Charter III, the mining minister has published a notice on his intention to impose a moratorium on prospecting and mining rights

20 Jul 2017

Libya's NOC sees 1.25m bpd oil output by year-end

The head of Libya's National Oil Company announced that oil production is expected to reach 1.25m barrels per day by the end of 2017

20 Jul 2017

Eskom board to take disciplinary action against Koko

The Eskom board has decided to take disciplinary action against executive Matshela Koko, the utility's interim chairperson said

19 Jul 2017

Charter also fails on health & safety details

Mining Charter III has been mired in controversy since before its publication

By Kate Collier and Jonathan Veeran 19 Jul 2017

Finding a renewable storage solution

The cost of storage raises the cost of renewable energy above that of coal-fired power stations

18 Jul 2017

Zwane halts Mining Charter... for now

The mining minister has agreed not to implement the new Mining Charter, pending the outcome of an urgent interdict

17 Jul 2017

AngloGold battles Tanzanian laws

AngloGold Ashanti's subsidiaries in Tanzania have initiated arbitration to protect their interests in case the government changes the terms of their longstanding agreement

17 Jul 2017

New rules sought to combat acid mine drainage

The government is looking for new ways to regulate the effects of mining activity on SA's scarce water resources..

By Khulekani Magubane 14 Jul 2017

Expanded engagement for Caterpillar: Boosting sales and alleviating poverty

A strong signal of growing business engagement with Africa by large US corporations was the announcement last September by Caterpillar CEO Doug Oberhelman of plans to invest over $1b in Africa over the next five years

14 Jul 2017

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Once tax-free, Saudi Arabia starts expat levy

RIYADH - Saudi Arabia said it had begun taxing foreigners working in the private sector as part of fiscal reforms aimed at coping with a drop in oil revenues.

7 Jul 2017

SA engineering proves its mettle at Phillippines mine

Three South African engineering firms were instrumental for designing and building headgear, shaft collar and winder house for a new service shaft at the Philsaga Mining Corporation in the Philippines owned by Medusa Mining.

6 Jul 2017

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