R/€ = 15.81 Change: 0.00
R/$ = 13.66 Change: 0.00
Au 1268.65 $/oz Change: -4.50
Pt 871.50 $/oz Change: 10.18


New Denel board faces tough turnaround task as financial pressure mounts

By: Rebecca Campbell     20th April 2018 Public Enterprises Minister Pravin Gordhan recently announced the completely new, high-powered, Board to turn-around beleaguered State-owned defence industrial group Denel. Technically, it is currently an interim Board, he explained, because it had not yet been approved by the Cabinet. He... 

Gold Fields appoints two more directors

By: Megan van Wyngaardt     22nd July 2016 Gold Fields has appointed Alhassan Andani and Peter Bacchus as independent nonexecutive directors, effective August 1 and September 1, respectively. Gold Fields earlier this month announced that former KPMG Africa chairperson Yunus Suleman would join the board in September, while outgoing Impala... 

Nkandla judgment a turning point for ANC 

By: Aubrey Matshiqi     15th April 2016 A few weeks ago, I argued in an article I wrote for another publication for a proper alignment between conviction and courage. Since then, people have been asking me what I mean when I talk about ‘a proper alignment between conviction and courage’. In its simplest form, this argument suggests... 

South African mining’s delicate make-or-break phase outlined 

By: Martin Creamer     19th October 2015 The South African mining industry’s delicate make-or-break phase has been outlined by some of the sector’s leading lights who make it clear that only give-and-gain will prevent it from losing colossal value. What will break it, they make clear, is failure to achieve a win-win, despite the... 

Phakisa opportunity to reset mining dialogue 

By: Martin Creamer     14th October 2015 The upcoming government-led mining Phakisa represented a new opportunity to reset the dialogue for arrival at solutions to the many problems plaguing South Africa’s mining industry, the Joburg Indaba heard on Wednesday. “If we engage properly, we can make a real difference,” was Credit Suisse... 

Rick Menell appointed Gold Fields deputy chair

By: Creamer Media Reporter      19th August 2015 Gold Fields has appointed Rick Menell as deputy chairperson. He had more than 36 years’ experience in the mining industry, including as president of the Chamber of Mines of South Africa, president and CEO of Teal Exploration & Mining and executive chairperson of Anglovaal Mining and Avgold. 

Lafarge South Africa Rewards Achievers In The Bodibe Community

30th July 2015 The annual Lafarge Community Trust Awards for Excellence takes place at E H Mogase Primary School in Bodibe Village, North West Province on 24 July 2015, timed to coincide with celebrating the spirit Mandela Day. Over 40 awards are being presented to give public recognition to school learners,... 

Gold Fields well positioned for lower gold price environment – Carolus

By: Natalie Greve     9th May 2013 Gold Fields chairperson Cheryl Carolus has said that the fundamental recalibration of the company’s business model to focus on innovation has, fortuitously, positioned the miner well for the lower gold price currently seen in the industry. Gold Fields management had, in 2012, under the leadership... 

Resources Watch 

By: Creamer Media Reporter      9th May 2013 This week: Gold Fields nonexecutive chairperson Cheryl Carolus says mining needs more regulatory certainty, efficiency and safety. And, loss-making Metmar cold-shoulders mining, instead returning to its trading roots. 

Individual risk-taking cause of most mine deaths – Carolus 

By: Martin Creamer     6th May 2013 Most mine injuries and deaths are the result of individual risk-taking behaviour, says Gold Fields nonexecutive chairperson Cheryl Carolus. Carolus, who has been a member of the Gold Fields’ safety and health committee since 2009, spoke to Mining Weekly Online in a wide-ranging interview, in... 

Mining needs more regulatory certainty, efficiency, safety – Carolus  

By: Martin Creamer     2nd May 2013 The South African mining industry needed much more regulatory certainty, greater efficiencies and improved safety, Gold Fields nonexecutive chairperson Cheryl Carolus said on Thursday. In a wide-ranging interview with Mining Weekly Online (see also attached video), Carolus noted the strong... 

Ramphele leaves Gold Fields for politics

By: Creamer Media Reporter      13th February 2013 Dr Mamphela Ramphele on Wednesday stepped down as Gold Fields chairperson to “further her socioeconomic and political work”. Ramphele, who would be succeeded by Gold Fields nonexecutive director Cheryl Carolus, noted in a statement that she had resigned from most of her private sector... 

Govt must support SAA, says Loubser

By: Sapa     17th October 2012 If government wants to own an airline it needs to support it financially, said Russell Loubser, former JSE CEO and South African Airways (SAA) board member, on Wednesday. "If you don't like the airline industry why [have] you got three?" he asked of government. Government, through the Department... 

SAA CEO Mzimela resigns 

By: Sapa     8th October 2012 South African Airways (SAA) chief executive Siza Mzimela resigned from the embattled government-owned airline on Monday, said the office of Public Enterprises Minister Malusi Gigaba. "Yes we have received the resignation. We have accepted the resignation, but it was not with immediate effect,"... 

Govt expects 'robust' SAA turnaround plan by Jan deadline 

By: Terence Creamer     4th October 2012 The Department of Public Enterprises (DPE) and the National Treasury have given the new South African Airways (SAA) board until January to finalise a and credible turnaround strategy, following the recent extension of a R5-billion government guarantee to the struggling State-owned company (SoC).... 

SAA receives much-anticipated R5bn guarantee 

By: Terence Creamer     2nd October 2012 The South African government confirmed on Tuesday that a much-anticipated, and highly controversial, R5-billion guarantee had been extended to South African Airways (SAA) for a period of two years, starting from September 1. In a joint statement, the National Treasury and the Department of... 

Gigaba accepts SAA resignations, appoints new board members

By: Terence Creamer     28th September 2012 Public Enterprises Minister Malusi Gigaba has accepted the resignations of eight South African Airways (SAA) nonexecutive directors, including chairperson Cheryl Carolus, and has appointed eight replacements to support the four remaining nonexecutives directors – Vuyisile Kona has been appointed... 

Grassroots leadership key to successful education 

By: Schalk Burger     1st June 2012 The leadership of primary school and high school teachers and principals in the development of excellent schools in rural communities is of over-riding importance in motivating and stimulating school children to achieve well, says North West Department of Basic Education deputy director SM Semwase. 


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