Trapped miners still alive. Bomb was bound for Turkish Airlines. Hong Kong violence. Trump calls rival a pussy. Zika Virus: US tells athletes to consider skipping Olympics. Puma’s white legal team. Mandela’s Muslim wedding pics. Liam Neeson with ‘incredibly famous’ woman.
The Gupta’s will forever have their already sticky fingers in every pie of South Africa’s economy – and will do anything to keep it that way.
We know that Eskom are pretty much the laughing stock of the country but it looks they have competition when it comes to their ineptitude. It could be worse.
There will be some happy former mineworkers today after the two men responsible for mismanaging a mine into the ground will have to cough up millions.
Take a stroll down the abandoned mines in Johannesburg, where hundreds, if not thousands of illegal miners, known as Zama Zamas, risk their lives to support their families. Watch VICE’s incredible exposé on the illegal mines in Jo’burg and the deadly gang warfare within them.
Zuma addressed reporters this morning at the Union Buildings in Pretoria on the general state of the economy, and government’s plan of action to stabalise the mining sector. Following the speech, the Rand slid from R9,71, to over R10 to the US Dollar, this afternoon.
Anti apartheid activist, Mamphela Ramphele resigned as chairwoman of the Gold Fields Mining yesterday. This news only fuels the fire that Ramphele is starting her own political party to challenge the country’s ruling African National Congress. According to Gold Fields, Ramphele retired “to further her socio-economic and political work.” Speculation went into overdrive when Ramphele visited […]
More bad news for the platinum industry. Rock drillers at the Royal Bafokeng platinum mine, close to Lonmin mines, have also begun to gather in protest against their wages. The group of 600 miners gathered outside the Royal Bafokeng mine to demand better wages for their work.
A lot of questions are being asked after the most recent shootout between police and mineworkers at Marikana. By using various camera angles, including this new footage obtained from Al Jazeera, a miner can be seen firing a hand pistol towards authorities first. The police then responded by unleashing a volley of fire into the crowd – gunning down 34 people in the process.
Today is the first day that no incidents were reported from the violence-stricken Marikana mine in the North West. Chaos erupted on Friday when thousands of Lonmin rock drill operators started an illegal work stoppage and protest march. Since then 10 people – two police officers, two security guards, three protesters, and three others – have been killed.
Yesterday afternoon at an office on Cape Town’s busy Long Street, Herman Pretorius shot and killed his former business partner Julian Williams. The two had been involved in some kind of dispute.
A new levy for the mining industry is currently under consideration by Government. The purpose of the tax would be to finance the clean up of toxic acid water which rises and flows out of abandoned mines. Pollution from acid mine water is a major problem in Gauteng. Very unpleasant.
If you have a taste for sushi and other good food, and you haven’t tried ceviche, you simply must. Ceviche, for those of you who are uninformed, is a dish of unknown hispanic origin comprised of thinly sliced raw white fish, which is subsequently “cooked” in a thin bath of lemon juice, or a similar […]
If you, like me, are something of an amateur (read: ignorant) economist, then you’ve probably wondered on occasion why gold is so friggin expensive. Part of the answer is definitely due to the fact that mining houses share their office space with Satan and his cronies.