R/€ = 17.96 Change: 0.20
R/$ = 15.84 Change: 0.20
Au 1777.31 $/oz Change: -2.54
Pt 947.50 $/oz Change: 0.09

RDM News Wire

Africa’s pharmaceutical industry grows, but needs funding

6th April 2016 Africa’s pharmaceutical markets are growing in every sector as the industry is undergoing a period of very significant transformation, but more funding was necessary to expand further. This was said at the high-level panel discussion on the theme “unleashing the potential of pharmaceuticals in... 

PRASA seeks refund in dodgy tender debacle

30th November 2015 Rail parastatal PRASA launched a dramatic court action this week to recover from one of South Africa's biggest ever tender debacles involving billions of rand‚ the newspaper reported. The Passenger Rail Agency of South Africa wants the Spanish company that provided the controversial Afro 4000... 

AfriForum moves against fracking regulation

27th November 2015 AfriForum has taken its fight against fracking a step further. The group released a statement on Friday saying it had‚ together with the Treasure the Karoo Action Group (TKAG)‚ submitted documentation at the North Gauteng High Court “challenging the regulations with regard to petroleum... 

Gigaba demands of critics: How are you keeping SA safer?

25th November 2015 If Home Affairs has to make concessions for a flagging tourism sector‚ the Department of Tourism must share how it is “assisting government to keep South Africa safe and prosperous”. Home Affairs Minister Malusi Gigaba appeared to make this subtle stab at his Tourism counterpart Derek Hanekom in... 

DA rejects R5bn SAA bailout

18th November 2015 The Democratic Alliance (DA) has called on the National Treasury to “immediately and publicly” reject South African Airway’s request for a further bailout of R5 billion. DA spokesperson on public enterprises Natasha Mazzone said the request was ludicrous given the financial constraints the... 

Scopa members irked by PRASA board’s lack of answers

18th November 2015 The Passenger Rail Agency of South Africa (PRASA) board was sent packing by Parliament’s Standing Committee on Public Accounts (Scopa) committee after it failed to adequately answer questions about the procurement of new locomotives. Members of Parliament’s watchdog committee asked several... 

Rand falls to record low after Paris attacks

16th November 2015 The rand touched its worst level against the dollar on Monday afternoon at R14.44 following Friday’s terrorist attacks in Paris‚ as did other emerging currencies. Its previous worst level against the dollar was R14.4286 on Friday. 

Jail for traders in illegal gold

13th November 2015 While illegal miners continue to face arrest and the possibility of losing their lives in violent turf wars or accidents‚ the traders who keep them in business are rarely apprehended. But three such men were brought to book this week. 

Fracking task team denied opportunity to address meeting

10th November 2015 Pro-fracking entrepreneurs brought the first public meeting of scientists studying the controversial attempt to mine gas buried deep under the Karoo to a sudden halt in Graaff-Reinet's Masizake Hall on Monday. In May‚ cabinet mandated five government departments and three science councils and... 

Eskom boosts electricity supply in Mpumalanga

9th November 2015 Eskom has installed and commissioned a new transformer at the Acornhoek substation in Bushbuckridge as part of its plans to upgrade electricity infrastructure and boost the power supply in Northern Mpumalanga. The R144-million project started in September 2014 and consists of two phases‚ which... 

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