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Aurora workers receive salaries

Hundreds of workers at Aurora’s Grootvlei mine have started getting paid their salaries, after nine months of no pay, according to a news report. View full post on Finance Stories

Pipeline mess to pump up petrol price

Motorists can expect to pay up to 30 cent per litre more for fuel as a result of “absurd” cost increases of Transnet’s new pipeline. View full post on Finance Stories

New board to stabilise Transnet

Transnet has a new board and one of its priorities is to appoint a new group CEO for the embattled parastatal. View full post on Finance Stories

Google’s Groupon Bid Said Rejected

The daily-deal website turned down $6 billion and will now consider an initial public offering, says a person close to the talks View full post on Finance Stories

South Africans starting to save more

The Old Mutual Savings Monitor says that while South Africans still save too little, there has been some improvement. View full post on Finance Stories

SA cautious on rand moves

Finance Minister Pravin Gordhan says SA will monitor existing measures before taking further steps against capital inflows. View full post on Finance Stories

Nampak reverses its fortunes

Packaging company Nampak says it has achieved a major turnaround and improved diluted earnings per share by 73%. View full post on Finance Stories

Transformation audit for fuels sector

Energy Minister Dipuo Peters says an independent audit has been commissioned to determine transformation in the fuels industry. View full post on Finance Stories

Cell C Chinese workers arrested

Sixteen Chinese workers sub-contracted to build cellphone company Cell C’s high-speed 4G network have been detained in Durban for allegedly having invalid work permits. View full post on Finance Stories

Bafokeng eyes big five bank stake

Royal Bafokeng Holdings, which successfully listed Royal Bafokeng Platinum this week, aims to acquire a stake in one of SA’s big five banks. View full post on Finance Stories