On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
It would seem like the main job of most municipal officials is to look for increasingly creative ways to suck residents dry. If only they applied this diligence to their actual job
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
Of all the jaws that dropped as rioting and pillaging swept the nation, none will have hit the floor harder than those belonging to the good people of Sasria. The state-owned entity was set up in the aftermath of the 1976 Soweto uprising with a mandate to provide cover for specific risks such as politically motivated malicious acts, riots, strikes, terrorism and public disorder. It has announced that it is standing squarely behind its obligations to those who have suffered damages in the period of anarchy.
It will take a while to assess the exact size of the bill that is coming Sasria’s way, but estimates flying around of R20bn or more suggest that Sasria’s assets under management of R8.5bn are likely to be swamped...
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