Fri , Nov 15 2019

Latest News

Vodacom grows after strong network investment


Vodacom on Monday reported solid results for the year ended March 2016, with group service revenue rising 7.4 percent to R66.76 billion underpinned by improved trends in voice revenue and data revenue growth of 28.5 percent. The South Africa’s largest mobile operator said it had spent R8.7 billion to upgrade …

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Time running out for SA: Citizen

moodys investor service

The recent credit ratings announcement by Moody’s Investor Service (Moody’s), to maintain South Africa’s Baa2 rating (two above junk) with a negative outlook, has been widely lauded by the Presidency as a sign of the efforts of ‘‘Team South Africa’’. While the vote of confidence by Moody’s is welcome, there …

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Jason Day wins The Players Championship

The best field in golf was no match for Jason Day at The Players Championship. Day caused only a little drama Sunday in what otherwise felt more like another coronation for the 28-year-old Australian. He led by at least two shots the entire round, played bogey-free again on the back …

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Chippa’s Malangoane and Sali sink Pirates

Goals in each half from Joseph Molangoane and Buyani Sali handed Chippa United a 2-0 win over Orlando Pirates in an Absa Premiership match at the Nelson Mandela Bay Stadium in Port Elizabeth on Wednesday night. The home side started positively with their first shot on goal in the sixth …

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Lonmin worker dies in Marikana

A mineworker died at Lonmin’s Rowland shaft in Marikana near Rustenburg in the North West, the company said on Monday. “It is with great regret that Lonmin Plc confirms the passing of Mr Fanelekile Giyama, a loco operator at Rowland shaft, following a box hole incident on Saturday, [7 May …

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SA Swimmer Brad Tandy off to Rio

South African freestyle swimmer Brad Tandy is heading for the Rio Olympics later this year. The United States based sprinter nailed a 22.13 seconds finish in the heats of the 50m sprint at last month’s national aquatic championships in Durban and cemented his spot by winning the final, again within …

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4000 voters without addresses in Tlokwe

voters tlokwe

There were at least 4,000 registered voters on the IEC voters’ roll in Tlokwe, North West who do not have addresses, the Constitutional Court heard on Monday. Wim Trengove SC told the full bench of justices that with 4,000 Tlokwe registered voters do not having addresses, the ruling of the …

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Unemployment rate rises by 2.2%

The rate of unemployment increased by by 2.2 percent or 355,000 people in the first quarter of this year compared to the the last three months of 2015, Stats South Africa (Stats SA) said during the release of the Quarterly Labour Force Survey on Monday. Stats SA said this resulted …

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Barclays sells percentage shares for R13bill

barclays africa

Barclays Africa said on Thursday that its UK-based parent had raised approximately R13.1 billion through the sale of 103,592,491 ordinary shares, representing 12.2 percent of Barclays Africa’s share capital. The shares were sold at R126 each via an accelerated bookbuild placing, which was announced on Wednesday. Barclays Plc still holds …

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Pfeifer and Theron share Nedbank SA Open tie

American Chad Pfeifer rolled in a clutch putt for par at the final hole to celebrate a wire-to-wire victory in the Nedbank SA Disabled Open, while 19-year-old Stellenbosch University student Charl Theron upstaged South Africa’s big guns to top the local challenge with a tie for fourth on Wednesday. Pfeifer …

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Hookers Strauss and Moore face off

Adriaan Strauss

Two hookers, both strongly fancied as starters for their national sides South Africa and Australia, will be up against each other in a Super Rugby clash on Friday night when the Brumbies host the Bulls at the GIO Stadium in Canberra. Brumbies’ Stephen Moore and Bulls Adriaan Strauss will probably …

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