Mining companies should follow the example of Ivanplats: Ramaphosa

President Cyril Ramaphosa and the Ivanplats Mine management. President Cyril Ramaphosa says mining companies should follow the example of Ivanplats Mine in empowering communities and participating in service delivery. Ramaphosa said this during the opening of Ivanplats’ new mine in Mokopane, Limpopo. Ivanplats is one of the world’s largest producers of platinum, nickel and copper….

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Australian mining company lays claim on Please Call Me payout

Nkosana Makate, ‘Please Call Me’ originator, speaking to SABC News. Please call me inventor Nkosana Makate will not be receiving his full payout from Vodacom until the dispute with his previous legal funder is resolved. Makate’s former legal funder Black Rock Mining Limited recently filed papers in the Johannesburg High Court contesting a claim for…

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ANC welcomes South Africa’s ratings upgrade by S&P Global

[File Image]: Global ratings agency Standard & Poor’s Global Ratings. The African National Congress (ANC) has welcomed the decision by Standard and Poor’s (S&P) Global Ratings to upgrade South Africa’s sovereign credit rating. The S&P decision follows the tabling of the Medium Term Budget Policy Statement (MTBPS) earlier this week. ANC NEC member and deputy…

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Russians develop a taste for South African wine

A glass of wine. Dozens of Russian winemakers have gathered in Moscow to swirl, sip and savour the drink. The aim is not to sell bottles but build bridges. This inaugural BRICS Wine Forum brings together an international gathering of wine enthusiasts. The goal is to help each other’s markets and wineries flourish and grow,…

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S&P Global upgrades SA’s long-term foreign currency rating to ‘BB’

The S&P Global logo is displayed on its offices in the financial district in New York City. S&P Global on Friday upgraded South Africa‘s foreign currency long-term sovereign credit rating to “BB” from “BB-“, citing stronger growth prospects, an improving fiscal outlook and lower contingent liabilities following performance improvements at the state-owned electricity utility, Eskom….

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Future nuclear builds to boost SA Eskom system: Ramokgopa

This morning Minister Dr. Kgosientsho Ramokgopa briefed the media regarding significant updates on key developments in South Africa’s Nuclear Energy Program. The Minister of Electricity and Energy, Kgosientsho Ramokgopa, has announced that Eskom plans to add 5.2 gigawatts of new nuclear capacity to the national system through future nuclear builds. This is part of a…

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