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Fri Jun 16 2017
 
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TOP STORIES  
 

New mining charter will be a 'disaster' for industry – DA

The DA said the charter, which raises the target for black ownership for new mining rights holders to 30%, would only benefit ruling party "cronies".

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Chamber of Mines to challenge new charter in court

The Chamber of Mines rejected the 2017 Mining Charter, saying it would approach the courts to halt its implementation..

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Disappointing growth may force SA to cut spending

South Africa is likely to miss its 1.3 percent growth target this year and may have to curb spending to stick to its budget framework.

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South Africa Raises black-ownership requirement for mines

South Africa plans to introduce rules requiring all local mines be 30 percent black-owned, regardless of whether they have previously sold shares or assets to black investors that later divested.

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BREAKING BUSINESS NEWS  
   
 

#MiningCharter: Chamber concerned about capital flight

The Chamber of Mines' president said the new laws were designed in a way that they had the potential to cripple the industry by driving investment away.

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NEWS  

Disappointing growth may force SA to cut spending

South Africa is likely to miss its 1.3 percent growth target this year and may have to curb spending to stick to its budget framework.

Full story
 
COMPANY NEWS  

Bidvest pays R2 million settlement

Bidvest Group has agreed to pay a R2 million rand settlement for taking over the control of Adcock Ingram before the merger of the two companies was approved by the Competition Tribunal.

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INTERNATIONAL  

Oil trades near seven-month low

Oil traded near the lowest closing level in seven months as US gasoline supplies unexpectedly rose for a second week.

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MARKETS  

WATCH: Market Indicators - 15 June 2017

Kabelo Khumalo conducts a daily update of Market indicators for Business Report TV.

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OPINION/ANALYSIS  

How to make strategic decisions during tough times

As South Africa heads into uncertain economic and political times, how can local businesses avoid falling into the same trap?

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