south africa johannesburg building fire kills 52, injures 43

South Africa: Johannesburg building fire kills 52, injures 43

A fire accident in a multi-storey building in Johannesburg, South Africa’s biggest city and the capital of Gauteng province, on Thursday morning led to the killing of at least 52 people, including a toddler. Emergency Management Services of Johannesburg said that Johannesburg building fire also injured 43 people. Robert Mulaudzi, Spokesperson of the City of […]

Sasol 1601790939709

Business: Healthy deal for Sasol under the conditions

Petrochemicals giant Sasol fell almost 5 percent on the JSE on Friday after it announced that it would sell 50 percent of its difficult Lake Charles Chemicals Project (LCCP) in the US for $2 billion (R33.29bn) to LyondellBasell. Sasol said the proposed sale to one of the world’s greatest plastics, chemical compounds and refining companies […]

510x287 cmsv2 203f8b29 390b 50e9 83eb d74cbc48926c 5016330

Breaking: Township residents lose illegal power connections in South Africa

Residents of the Diepsloot township, Johanesburg, South Africa have no electricity so most of them are forced to install illegal lightning rods to be able to live with power. But the authorities have however now come to tear out these illegal electricity connections. Eskom technicians were in Diepsloot on Tuesday morning to remove illegal electricity […]

Zindzi, Mandela’s daughter dies in South African hospital

South Africa’s ambassador to Denmark has died in Johannesburg at the age of 59, a family source has confirmed to the public broadcaster SABC. Ambassador Zindzi Mandela was the daughter of South Africa’s anti-apartheid icons Nelson Rolihlahla Mandela and Nomzamo Winnie Madikizela. She was the youngest daughter of the couple and is reputed to have […]

d0c4866a0f6c40e99816c1b6d967fa3a 1593507003143

Business: IMF says South Africa loan talks occurring at measured pace

The International Monetary Fund’s discussions with South Africa over a $4.2 billion loan to support its fight against the coronavirus pandemic are taking place at a “measured pace” because the country’s deep and liquid capital markets ensure it still has access to financing, according to the director of the Washington-based lender’s Africa department. “The key […]

coronavirus2 1590458378185 1

NEWS: Johannesburg woman evicted after testing Covid-19 positive

A Johannesburg mother has been kicked out of her rental home by her landlord after she tested positive for Covid-19. The mother, who asked to remain anonymous for fear of further stigmatisation, had been renting at a commune in Glenvista, southern Johannesburg, for almost a year. She said after she got her results on Monday […]

unnamed 1586604968970

Joburg has more than 400 confirmed Covid-19 cases, Tshwane 90

In a statement, the department said Gauteng has recorded 801 cases since the outbreak was confirmed in the country in March. ”The total number of confirmed Covid-19 cases for Gauteng is 801 as of April 10 2020, with the number of recoveries 157. Of the confirmed Covid-19 cases, 86 people are currently hospitalised in both […]

JSE

South Africa Ninety One lists on the JSE

The Johannesburg Stock Exchange (JSE) announces the primary listing of Ninety One Limited (NY1) and the secondary listing of Ninety One Plc (N91) on its Main Board. Ninety One Limited and Ninety One Plc will list on the JSE under the Asset Managers sub-sector. Ninety One has changed its name from Investec Asset Management. The […]