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(ZA) Local News

Eskom put their blame on funding issues.

Martin Barwise 26 March, 2015

 

"How the hell are they not making super profit? We've got to see how

Eskom puts its operating efficiency on line"

 

Just over 2 months ago, Eskom's CEO Tshediso Matona gave South-

Africans some clarity on the  current  electricity  crisis. They  (Eskom) have  indicated that they need additional funds to keep buying diesel, which is running the open gas turbines to keep the lights on...

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Platinum: a scary place to be for investors

Martin Barwise 23 March, 2015

 

-Platinum's prices continue to fall on the JSE-index-

 

The Platinum sector has been a pretty bad place to be for investors on the JSE in recent times. Platinum's downfall was driven by the stronger U.S dollar, and by auto catalysts using recycled metal as a replacement for platinum...

Emirates fly Lions to new horizons

Werne van der Merwe 13February, 2015

 

-Golden   Lions    Rugby   Union   signs five year sponsorship with Emirates worth R100- million -

 

On the 11th of December 2014, a five year agreement was made between the Golden Lions Rugby Union and Emirates Airlines in Johannesburg.It is estimated that this agreement is worth R20 million a year over a five year period...  

-South-Africa's ever continuing Gold downfall

could come tumbling down by new minimum

wage negotiations-

Martin Barwise 22 March, 2015

 

- Minimum wage negotiations could lead to mine shutdowns-

 

South-Africa's gold mining sector may be going towards even bigger trouble, as new minimum wage negotiations are soon to be coming over the next couple of months. These negotiations could see the country's gold production take an even bigger knock, as wage negotiations can quickly go out of hand in South-Africa...

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