Companies South Africa Latest Information

Companies South Africa Latest Information

South Africa rules out nationalising key mining industry
South Africa on Tuesday ruled out nationalising its key mining industry in a reassurance to jittery investors and a blow to those in the ruling ANC calling for a state takeover.

South Africa platinum miners given 20 days for lapsed rights ideas 8th February 2012
Platinum miners in South Africa have 20 days to provide ideas on lapsed and revoked mineral rights as the government looks to drive forward exploration in the country, reports Mining Weekly.

South Africa rules out mines nationalisation
CAPE TOWN: Nationalising South Africa's mines is not a viable option for the country's key sector and has been ruled out by the ruling party, the mines minister said on Tuesday, in a move welcomed by industry.

South Africa's answer to KFC touted as next fast food chain to watch
A fast food chicken chain from South Africa known just as much for its controversial ad campaigns as its spicy chicken offings is forecast to become the next major global foodservice chain to rival US-based mega chains.

S.Africa adopts strategy to add value to minerals
CAPE TOWN (Reuters) - South Africa will encourage companies to process raw minerals before they are exported, the mines minister said on Tuesday, to increase value-added jobs in the resource industry. Africa's largest economy is keen to diversify its mining sector through the processing of raw minerals before export, known as beneficiation. "A beneficiation strategy has been adopted by ...

South Africa’s ANC Upholds Malema Charges Strengthening Zuma
Julius Malema, the leader of the youth league of South Africa’s ruling African National Congress, lost a bid to overturn charges that led to his suspension from the party, increasing President Jacob Zuma’s chances of winning a second term as party leader.

South Africa: Nationalisation Not Viable - Shabangu
[SAPA] Cape Town - The ANC will not nationalise mines as it is not viable for South Africa, Mineral Resources Minister Susan Shabangu said on Tuesday.

South Africa Promises To Consult Before New Mining Taxes
Despite rumblings within South Africa’s ruling party, the African National Congress (ANC), Trevor Manuel, the National Planning Minister, confirmed at the African Mining Conference that no sudden new taxes would be levied on the country’s mining sector.

S.Africa will not spring tax change on mines -minister
CAPE TOWN, Feb 6 (Reuters) - South Africa will not hitmining companies with surprise new taxes, although it may adjustexisting codes on the industry, a leading government ministersaid on Monday. "If ...

S.Africa will not spring new tax on mines: minister
CAPE TOWN (Reuters) - South Africa will not surprise mining companies with sudden new taxes, although it may adjust existing tax codes, a leading government minister said on Monday. "If there is to be change, I'm pretty sure that the finance minister and department of mineral resources will take a long-term view and not impose this one fine morning," Trevor Manuel, the National Planning minister ...

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