R/€ = 15.81 Change: 0.00
R/$ = 13.66 Change: 0.00
Au 1268.67 $/oz Change: -4.48
Pt 871.50 $/oz Change: 10.18


NUM says 1 722 jobs to go at Evander gold mine

By: Reuters     26th February 2018 South Africa's National Union of Mineworkers (NUM) on Sunday said that Pan African Resources would cut 1 722 jobs at its Evander Gold Mine in the country's Mpumalanga province. The NUM said the company, which has a total workforce of 1 812 people at the mine, informed the union that the job cuts... 

Zuma warns illicit financial outflows hinder Africa’s development 

By: African News Agency      21st September 2016 President Jacob Zuma has warned that illicit financial flows out of Africa of about $50-billion a year were depriving the continent of much needed resources for development. In a statement on Wednesday, the Presidency quoted Zuma as saying: “Illicit financial flows deprive developing countries of... 

Commodities slump might give South Africa 'breathing space' to prepare for next uptick

By: Samantha Herbst     11th March 2016 It has generally been acknowledged among industry insiders that, compared with its global counterparts, Africa’s mining industry has significantly underperformed in recent years, despite market challenges and the continued commodity slump impacting on the global mining industry. Moreover, South... 

New Research Reveals ‘Data Deficit’ Making the Job of CFO More Challenging and Profitability More Elusive

18th June 2015 Over 46 percent of CFOs rely on “gut-feel” and instinct to make business decisions in lieu of fast access to accurate internal data, a practice that can delay decision making, introduce errors, and erode profitability. These are just a few negative outcomes stemming from the data deficit... 


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