BUSINESS DAY TV: Time is right for uranium, says Oakbay CEO – BDlive

Source: BUSINESS DAY TV: Time is right for uranium, says Oakbay CEO by Transcript service, December 4 2014, 2014-12-05 17:05:17.0 Transcript service, December 4 2014 BUSINESS DAY TV: Time is right for uranium, says Oakbay CEO GEORGE van der Merwe is CEO of Oakbay. BUSINESS DAY TV: Oakbay Resources and Energy, majority owned by SA’s politically connected Gupta family, began trading on the JSE last week and while this was a listing by way of introduction, the company does plan to raise at least R800m over the next year to further invest in uranium assets in SA’s North West Province. CEO George van der Merwe joins us now on News Leader. George, let’s start off…

SA’s bad economy is self-inflicted, says Marcus – Mail & Guardian Online

SA’s economic slowdown is “domestically driven”, says Reserve Bank Govenor Gill Marcus, adding that the country holds the solutions to the problems. Gill Marcus says that South Africa can steer its own fate towards greater productive output. (M&G) South Africa can no longer blame the global financial crisis for its flagging economic performance, says Reserve Bank Governor Gill Marcus. While the global backdrop remains difficult as the advanced economies emerge from the financial crisis of the past seven years, “it is no longer the main cause of South Africa’s weak domestic economic performance”, said Marcus. Speaking at a business breakfast in Rosebank on Tuesday morning, the governor said that South Africa’s economic slowdown is “domestically…

SA’s bad economy is self-inflicted, says Marcus – Mail & Guardian Online

SA’s economic slowdown is “domestically driven”, says Reserve Bank Govenor Gill Marcus, adding that the country holds the solutions to the problems. Gill Marcus says that South Africa can steer its own fate towards greater productive output. (M&G) South Africa can no longer blame the global financial crisis for its flagging economic performance, says Reserve Bank Governor Gill Marcus. While the global backdrop remains difficult as the advanced economies emerge from the financial crisis of the past seven years, “it is no longer the main cause of South Africa’s weak domestic economic performance”, said Marcus. Speaking at a business breakfast in Rosebank on Tuesday morning, the governor said that South Africa’s economic slowdown is “domestically…

DA’s find not textbooks but leftover manuals, says department – Mail & Guardian Online

Limpopo’s education department has expressed disappointment with “false claims” that undelivered textbooks were found in a warehouse in Fetakgomo. A photo posted by the DA on their Twitter account fo the alleged undelivered textbooks. (Twitter) Limpopo’s education department on Thursday called false claims that undelivered textbooks were found in a warehouse in Fetakgomo. “The department wishes to set the record straight,” department spokesperson Elijah Mhlanga said in a statement. “The contents in the boxes are not textbooks but manuals and workbooks used previously by the province. They are being stored at the Fetakgomo teacher training college as they were left over from specific deliveries made in the past.“ He said the department had no contract with…

Amplats Workers Being Held in Mine Against Their Will, NUM Says – Businessweek

About 2,300 workers at Anglo American Platinum Ltd. (AMS)’s Dishaba mine in South Africa’s Limpopo province have been on an underground strike since 5 a.m. yesterday, and some are said to be held against their will. The workers are demanding a halt to the suspension of an Association of Mineworkers and Construction Union shop steward, Amplats said in an e-mailed statement today. A rival union, the National Union of Mineworkers, issued a statement in which it called the sit-in a “hostage drama.” Some of the workers at the mine, 113 miles (182 kilometers) northwest of Johannesburg, are NUM members and are “being held against their will,” Frans Baleni, NUM general secretary, said by phone. Amplats,…