Mining Weekly reports that Hong Kong-listed Taung Gold International and Siyakhula Sonke Empowerment Corporation (SSC) have, as shareholders in a new company (Newco), made a conditional, binding offer to acquire the Lily and Barbrook mines, in Mpumalanga. Source: Latest News
BusinessLive reports that consumer inflation remained unchanged at 4.5% in June compared with May. Measured by the annual change in the consumer price index (CPI), inflation’s print at 4.5% was at the midpoint of the SA Reserve Bank’s (SARB’s) 3%-6% target band. Source: Latest News
Mining Weekly reports that Anglo American has appointed nonexecutive director Nolitha Fakude as chairperson of Anglo American South Africa’s board, effective 1 September. Source: Latest News
Business Report writes that Evowood, formerly known as Masonite and one of the biggest hardboard makers in the southern hemisphere, has been placed in voluntary liquidation. Source: Latest News
The Directorate for Priority Crime Investigation (Hawks) issued a statement on Tuesday indicating that its Serious Corruption Investigation Unit had on Monday subpoenaed a 27-year-old former Hawks’ administrator for fraud. Source: Latest News
Pretoria News reports that workers affiliated to two unions protested on Tuesday at Tshwane House over the failure by the metro to adjust salaries, as well as over labour brokering. Source: Latest News
Daily News reports that a fire ripped through a storage facility near the Pinetown mini-bus taxi rank on Anderson Road and Hill Street just after 2am on Wednesday. Source: Latest News
Bloomberg reports that the Health & Other Services Personnel Trade Union of SA (Hospersa), representing about 5,000 park rangers, field guides and other service and hospitality workers at SA’s 21 wildlife preservation areas, is threatening to call a strike over a pay dispute. Source: Latest News
SowetanLive reports that a gang of hijackers was arrested on Monday night after allegedly killing a truck driver during a hijacking on the outskirts of Port Elizabeth. The suspects apparently targeted copper estimated to be worth R2m that was being transported from Port Elizabeth to Johannesburg. Source: Latest News
BusinessLive reports that Finance Minister Tito Mboweni said in the National Assembly on Tuesday that financial support for struggling state-owned entities (SOEs) such as the SA Broadcasting Corporation (SABC), Denel and SA Airways (SAA) would be released in chunks as certain conditions were met. Source: Latest News
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