Sharenet Sites 
Sharenet Sites
15/02 South Africa, where oil major Total recently made a big offshore discovery, said on Friday it had potential gas resources of up to 60 trillion cubic feet in waters off its. . . Full story 
15/02 South Africa's Grand Parade Investments Ltd said on Friday it had filed to close its Dunkin Donuts and Baskin Robbins franchises in the country due to poor performance and would instead. . . Full story
15/02 South Africa's struggling state power firm Eskom suspended electricity cuts on Friday but said the power system remained vulnerable, after five days of rolling outages which weakened the rand and hurt. . . Full story 
15/02 South Africa's Gold Fields Ltd said on Friday its full-year profit slumped 73 percent, dented by a decline in bullion production led by its South Deep operations.. . . Full story 
15/02 South Africa's rand was on course for a loss of more than 3 percent against the dollar this week, as five consecutive days of power cuts reminded investors about the fragility. . . Full story
15/02 Revenue for the year decreased to USD2.578 billion (2017: USD2.762 billion), loss for the year attributable to owners of the parent soared to USD348.2 million (2017: loss of USD18.7 million), while. . . Full story
14/02 Sibanye-Stillwater could cut nearly 6,000 jobs in a potential restructuring of the company's gold mining operations following losses at some of its mines last year.. . . Full story
14/02 South Africa's President Cyril Ramaphosa said on Thursday that his government's plan to split struggling state power firm Eskom into three entities would reduce risks to the economy by enabling better. . . Full story
14/02 South Africa's Eskom imposed a fifth day of power blackouts on homes and businesses on Thursday, helping drive the rand currency to a six-week low as the cash-strapped utility struggles with. . . Full story
14/02 The Kenya Electricity Generating Company plans to raise funds from the market later this year and it may opt to issue the country's first green bond, its chief executive said.. . . Full story
14/02 China's Huawei will build two data centres in South Africa from March, it said, as part of plans to expand cloud services across Africa.. . . Full story
14/02 South Africa's Treasury head Tito Mboweni is likely to appease rating agencies and squeeze a tenth of a percentage point off his previous budget deficit forecast for next financial year, a. . . Full story
14/02 Revenue for the interim period increased to USD19.4 million (2017: USD15.3 million), profit from operations rose to USD7.3 million (2017: USD4.1 million), profit attributable to owners of the parent climbed to. . . Full story
14/02 The owner of one of the world's most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry. . . Full story
14/02 South Africa's rand weakened past 14 per dollar on Thursday as power utility Eskom entered a fifth straight day of blackouts that have discouraged investors over the economy, days before the. . . Full story
13/02 South Africa's rand sank more than 1 percent on Wednesday as concerns over state power firm Eskom were compounded by a firming dollar after a measure of U.S. inflation came in. . . Full story
13/02 South African mobile network operators Vodacom and Telkom on Wednesday welcomed a government decision to withdraw a bill, which proposed taking back licensed spectrum from operators and forcing them to share. . . Full story
13/02 South African power utility Eskom needs a cash injection by April to survive, the country's public enterprises department warned on Wednesday as the struggling state-owned firm cut electricity for a fourth. . . Full story
13/02 South Africa's retail sales slumped to their lowest in over a year in December after "Black Friday" discounts boosted the previous month, with sales by general dealers and of cosmetics and. . . Full story
13/02 Revenue grew to R878.6 million (R855.4 million) and operating profit decreased to R514.3 million (R519.4 million). Profit attributable to Emira shareholders decreased to R500.1 million (R529.2 million). In addition, headline earnings. . . Full story
13/02 South Africa is not planning to privatise embattled power utility Eskom after the firm is split into three separate entities of generation, transmission and distribution, Public Enterprises Minister Pravin Gordhan said. . . Full story
13/02 The Group includes for the first time operating and financial information from the Company's Far West Gold Recoveries (FWGR) project. Construction on this project started in August 2018 and early commissioning. . . Full story
12/02 The rand firmed on Tuesday, supported by rising risk appetite globally and recovering from a sharp selloff in the previous session when it was hit by a sudden escalation of controlled. . . Full story
12/02 South Africa's Sibanye-Stillwater said on Tuesday it was considering measures, including restructuring if alternative solutions could not be found to bring loss-making gold shafts back to profitability.. . . Full story
12/02 South African retailer and wholesaler SPAR Group Ltd on Tuesday reported an 8.2 percent increase in 17-week sales, buoyed by its Southern Africa operations.. . . Full story
12/02 South African power utility Eskom implemented major electricity cuts for a third straight day on Tuesday, as a shortage of generating capacity exposed the frailty of the struggling state-owned firm despite. . . Full story
12/02 South Africa's manufacturing output rose by 0.1 percent year on year in December, following a revised 1.3 increase in November, the statistics agency said on Tuesday.. . . Full story
12/02 South African state power firm Eskom aims to end power cuts by the end of this week and for now does not suspect sabotage is the cause of unplanned outages at. . . Full story
12/02 South Africa's unemployment rate fell to 27.1 percent in the fourth quarter from 27.5 percent in the third quarter, official data showed on Tuesday.. . . Full story
12/02 Harmony Gold's half-year profit plunged 94 percent due to higher costs, a weaker rand and higher depreciation costs related to its Hidden Valley operations, the South African miner said on Tuesday.. . . Full story
12/02 South Africa's state-owned oil company PetroSA is in talks with power firm Eskom to supply it with diesel to prevent further electricity cuts, PetroSA's acting chief executive said on Tuesday, as. . . Full story
12/02 Revenue for the interim period went up to R13.8 billion (R9.9 billion) whilst gross profit was R870 million (R1.0 billion). Operating profit lowered to R166 million (R1.25 billion). Net profit attributable. . . Full story
11/02 South Africa's rand fell to its weakest in almost three weeks on Monday as state electricity firm Eskom stepped up controlled power cuts because of a shortage of generating capacity.. . . Full story
11/02 South Africa's Public Enterprises Minister Pravin Gordhan is meeting executives from state power firm Eskom on Monday to find solutions to the country's electricity crisis, Eskom spokesman Khulu Phasiwe told Reuters.. . . Full story
11/02 The South African government's plan to split struggling state power company Eskom into three entities does little to address the company's financial difficulties, credit ratings agency Moody's said in a research. . . Full story
11/02 South African state power utility Eskom said on Monday that it would implement controlled power cuts for a second day in a row because of a shortage of generating capacity.. . . Full story
09/02 United Real Estate Co., a unit of Kuwait Projects Co, and Marriott International said in a joint statement on Saturday that they had agreed to open a resort near Marrakech.. . . Full story
08/02 Investors on Friday raised their bets on a weaker South African rand as the options premium for buying currency jumped and implied volatility rose to its highest in a month, just. . . Full story
08/02 South Africa's National Union of Mineworkers (NUM) on Friday urged President Cyril Ramaphosa to reconsider his plan to split state power firm Eskom into three separate entities, saying it would lead. . . Full story
08/02 South Africa's Harmony Gold said on Friday its earnings per share for the first half of the year could be up to 97 percent lower than this time last year.. . . Full story
08/02 Dollar-denominated bonds issued by South African state power firm Eskom rose across the curve on Friday, a day after President Cyril Ramaphosa pledged to split the utility and support its balance. . . Full story
08/02 South Africa's rand weakened on Friday, as the currency along with other emerging markets were pressured by a stronger dollar.. . . Full story
07/02 A boom in cannabis investment is siphoning capital away from mining and hitting junior miners hardest, forcing them to up their game and potentially improving the quality of projects in a. . . Full story
07/02 French oil and gas major Total's South African offshore discovery could contain 1 billion barrels of total resources and is "probably quite big", Chief Executive Patrick Pouyanne said on Thursday.. . . Full story
07/02 U.S. shared workspace provider WeWork plans to launch in South African later this year, it said on Thursday, a move that would mark the first African expansion for the $47 billion. . . Full story
07/02 Sibanye-Stillwater, whose workers have downed tools at its bullion operations, said on Wednesday it expects its EBITDA to double in 2019 paving the way for dividends and acquisitions in it's gold. . . Full story
07/02 A judge has adjourned a Lagos court case between South African telecoms firm MTN Group and Nigeria's attorney general over a $2 billion tax demand until Mar. 26, the court said. . . Full story
07/02 Several dozen employees of South African state power firm Eskom picketed the firm's headquarters on Wednesday protesting against potential job cuts and a proposal to split up the ailing company.. . . Full story
