R/€ = 17.25 Change: -0.01
R/$ = 14.41 Change: -0.02
Au 1738.24 $/oz Change: -6.95
Pt 1174.57 $/oz Change: -1.93


News24’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country. Powered by the country’s leading journalists, and headed by the News24 editorial team.

Labour Court rules dismissal of top Prasa executives was unlawful

2nd March 2021 The Labour Court in Johannesburg handed judgment on Tuesday declaring the termination of employment of three Passenger Rail Agency of South Africa's executives unlawful. They are former chief operating officer Nkosinathi Khena, former executive for risk and legal compliance Onica Ngoye and former... 

Denel finance chief quits

2nd March 2021 South African State-owned defence company Denel said on Monday that CFO Carmen le Grange had resigned, extending a recent string of resignations that have deepened a crisis at the struggling firm. Last week, Fin24 reported that the company's chief operating officer William Hlakoane was appointed... 

11 apprehended for torching Limpopo mine offices

2nd March 2021 Eleven people have appeared in court following an attack at the Palabora Mining Company in Phalaborwa, Limpopo. They were apprehended on Friday night following violent protests in the area, police spokesperson Brigadier Motlafela Mojapelo said. 

SA moves to Level 1 of national lockdown

1st March 2021 The sale of alcohol will be back to normal, President Cyril Ramaphosa said on Sunday night, after announcing that SA has moved to Level 1 of the Covid-19 lockdown.  "The sale of alcohol will be permitted, according to normal licence provisions. However, no alcohol may be sold during the hours of... 

Expect steep fuel prices in March, AA warns

26th February 2021 Fuel users need to prepare for steep hikes across the boards with petrol prices expected to climb by 66 cents per litre, while diesel and illuminated paraffin will be up 57c/l and 49c/l respectively, according to the Automobile Association. The AA on Friday issued a statement outlining its fuel... 

Eskom suspends chief procurement officer over 'non-performance in procurement savings'

26th February 2021 Eskom has suspended its chief procurement officer, Solly Tshitangano, and will be instituting disciplinary action against him, following allegations of poor performance over the last year. Andre de Ruyter, Eskom's group chief executive officer, confirmed to News24 that Tshitangano had been... 

Two South African airports just got official new names

24th February 2021 Two secondary airports – and one fairly big city – have official new names from Tuesday. Arts and culture minister Nathi Mthethwa recognised the new names by publication in the Government Gazette, alongside a handful of registrations of existing geographic names, and some spelling corrections. 

Mining growth projects add glimmer of hope in dreary economic climate

24th February 2021 As mining companies turn to domestic growth-development projects, their spending spree may be what the sector needs to lift it from a slump it has endured for many years.  Companies such as platinum mining giant Sibanye-Stillwater and Kumba Iron Ore have led the way in ploughing cash into their... 

Class action lawsuit: 'Exploited' SA Uber drivers must be recognised as employees - lawyers

23rd February 2021 Two law firms announced on Tuesday that they would move ahead with plans to file a class action on behalf of South African Uber drivers against the ride hailing tech giant's operations in South Africa as well as in London for drivers to be recognised as employees. If successful, the legal bid... 

Eskom Kusile R745m corruption matter postponed for more than 3 months

23rd February 2021 The case against two former Eskom executives who were allegedly involved in a R745-million corruption case at the Kusile power station has been postponed for more than three months.   Former Eskom Group Executive for the Group Capital Division Abram Masango and former contracts manager France... 

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