Physical oil prices have fallen internationally, reflecting easing concerns over Russian-led supply disruptions and worries of a global economic slowdown
US retailers stocked up on goods last autumn and winter only to face a demand downturn as consumers divert spending to increasingly expensive fuel and food
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
In June, Siemens wrote down the value of its stake in Siemens Energy by €2.7bn following the turbine maker’s repeated profit warnings
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Reducing people’s unnecessary movement for a few days as soon as new cases emerge is a key practice of the East Asian country’s Covid-zero strategy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Mercedes-Benz will bring its luxurious EQS electric vehicle to SA later in 2022
DRDGold declined to be party to last week’s R5bn out-of-court settlement jointly with six other mining companies, to compensate gold mineworkers affected by lung ailments, opening the smaller gold producer to a prolonged court battle alone.
The six companies made history last week by settling SA’s largest and most complex class action case out of court.
One of the lawyers representing the litigants, human rights lawyer Richard Spoor, noted that DRDGold and Randgold & Exploration had decided not to participate in the settlement agreement and would be subject to ongoing litigation.
DRDGold CEO Niel Pretorius declined to comment on the reasons for staying out of the settlement, saying there was likely to be a litigation process brought against the company and he could not make any remarks at this point.
In the company’s most recent annual report, however, the point is raised that it was "not possible" to see what the outcome of the matter would be.
For a company like DR...
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