African Bank Investments will most likely re-list on the Johannesburg Stock Exchange next year, says South African Finance Minister Nhlanhla Nene.
Northam Platinum has agreed to a $600 million deal with black shareholders that will see it increase its black ownership to over a third, the mid-tier platinum producer said on Wednesday.
Investors piled into South African stocks on Tuesday as Taste Holdings rose after buying a watch-maker and as indices tracked global markets which were lifted by prospects of ECB bond purchases.
South Africa’s rand clawed to its firmest level in 25 days against the dollar on Tuesday as investors took some comfort from China’s GDP data, focusing on growth being slightly stronger than forecast.
As Judge Thokolize Masipa told track star Oscar Pistorius he would go to jail for killing Reeva Steenkamp, customers at the bar owned by her parents held up their palms to signify “five years” and murmured approval.
Paralympian Oscar Pistorius will embrace the five-year prison sentence handed down by the High Court in Pretoria, his uncle Arnold said on Tuesday.
Convicted paralympic athlete Oscar Pistorius may end up spending only 10 months in prison for the culpable homicide of his girlfriend Reeva Steenkamp, a justice department spokesman said on Tuesday.
A suspended sentence imposed on Oscar Pistorius for shooting dead girlfriend Reeva Steenkamp would not be appropriate, Judge Thokozile Masipa said on Tuesday in the High Court in Pretoria.
Judge Thokozile Masipa rejected a suggested sentence of house arrest and community service for paralympian Oscar Pistorius in the High Court in Pretoria on Tuesday.
The ANC Women’s League will make submissions to the State on why it thinks the Oscar Pistorius case should be appealed, it said on Tuesday.