South Africa Politics and News

South Africa: Google Under-Reporting Numbers in South Africa
As its launches its new super-quick search engine in the USA, in South Africa Google search code is under-reporting which turns into a headache for web masters.

South African Rand Rallies to Strongest Versus Dollar Since January 2008
South Africa’s rand appreciated to its strongest level in more than 2 1/2 years versus the dollar.

South Africa Won’t Change Mine Black-Ownership Targets, Business Day Says
South Africa is not expected to change targets of 26 percent black equity ownership of the country’s mines by 2014 when it releases a review of its Mining Charter today, Business Day said, without citing anyone.

South Africa May Revoke Mining Licenses If Charter Conditions Aren’t Met
South Africa will revoke the mining licenses of companies that fail to meet conditions of the country’s Mining Charter, Department of Mineral Resources Director General Sandile Nogxina said.

South African Stocks Gain for Fourth Day, Led by Billiton, Coal of Africa
South Africa’s FTSE/JSE Africa All Share Index rallied for a fourth day, climbing 232.16, or 0.8 percent, to 28,319.26 by 9:31 a.m. in Johannesburg.

South Africa Aiming to Have Independent Buyer of Power in Place by April
South Africa plans to have an independent buyer of power in place by April and the Department of Energy is in talks with National Treasury about how the company can be funded, Department of Energy Director-General Nelisiwe Magubane said.

South Africa: Carbon Storage Atlas a Milestone
The newly launched South African Carbon Geological Storage Atlas is an important milestone in capturing carbon dioxide (CO2) in the country, says Energy Minister Dipuo Peters.

South African Consumer Confidence Near Best Since 2007 as Recession Ends
South African consumer confidence was little changed in the third quarter, close to the highest since the last three months of 2007, as Africa’s biggest economy pulls itself out of recession.

South African Minister Says Mining Transformation `Disappointingly Slow’
Transformation within South Africa’s mining industry has been “disappointingly slow” and white men and women continue to dominate leadership positions and earn more than their black counterparts, Department of Mineral Resources Minister Susan Shabangu said.

South Africa: Gold Fields Eyes Million Ounces for South Deep
GOLD Fields is working on plans to increase output at its South Deep mine by 20%-25%, to 1-million ounces a year, making it SA’s single-largest gold mine.