THREE ARRESTED WITH SIX RHINO HORNS

An intelligence driven operation has landed three suspects in jail after they were found with six rhino horns. The operation comprising of the Serious Organised Crime Investigation, Detectives, Crime Intelligence, Tactical Response Team, Tracking Team and the Local Criminal Record Centre ensued after it emerged…

Continue Reading THREE ARRESTED WITH SIX RHINO HORNS

WHO declares Novel Coronoavirus a Public Health Emergency of International Concern

The second meeting of the Emergency Committee convened by the WHO Director-General under the International Health Regulations (IHR) (2005) regarding the outbreak of novel coronavirus 2019-nCoV in the People's Republic of China, with exportations to other countries, took place on Thursday, 30 January 2020, from…

Continue Reading WHO declares Novel Coronoavirus a Public Health Emergency of International Concern

AngloGold Ashanti to Restructure South African Operations to Ensure Their Viability

AngloGold Ashanti has made the difficult decision to begin a consultation process with employees in terms of section 189 and 189A of the Labour Relations Act, with respect to restructuring certain of its South African business units. This follows a review of the options to…

Continue Reading AngloGold Ashanti to Restructure South African Operations to Ensure Their Viability

Diamond Prices Firm Slightly with U.S. Optimism

Diamond trading slowed in November as Indian liquidity dried up and manufacturing shut down for Diwali. U.S. jewelers completed their inventory purchases and focused on selling during the holiday season rather than buying from overseas suppliers. Sentiment improved as the season began. Stock markets rallied…

Continue Reading Diamond Prices Firm Slightly with U.S. Optimism

MWEB Acquired by Internet Solutions

  • Post Category:All / Industry

Today, Internet Solutions, the pan-African communications provider, announced through its parent company Dimension Data (Pty) Ltd, that it entered an agreement to acquire the business of MWEB and shareholders. If successful, the transaction is expected to be completed in the first quarter of 2017. Read…

Continue Reading MWEB Acquired by Internet Solutions

AngloGold Ashanti Says Third-Quarter Free Cash Flow Soars to $161m

AngloGold Ashanti announced a significant jump in third-quarter free cash flow to $161m, further improving its net debt position despite a decline in ore grades at some of its operations and a challenging operating environment for its South African business. Free cash flow was $161m,…

Continue Reading AngloGold Ashanti Says Third-Quarter Free Cash Flow Soars to $161m

Trump Victory Improves Outlook for Diamonds and Jewelry

Trump's election victory coupled with Republican control of Congress is expected to set the stage for improved economic conditions that will support increased demand for diamonds and jewelry. Lower taxes, higher domestic employment and the end of Obamacare will increase disposal income and encourage investment…

Continue Reading Trump Victory Improves Outlook for Diamonds and Jewelry

Diamond Prices Decline in October

Diamond markets were quiet in October with wholesale businesses closing for the respective Chinese, Jewish and Indian holidays. Trading slowed as larger U.S. holiday orders were already filled and dealers shifted to accommodate specific requirements from their retail customers. The RapNet Diamond Index (RAPIā„¢) for…

Continue Reading Diamond Prices Decline in October

Diamond Prices Stable in September

Diamond markets were steady in September. Sentiment improved as trading at the Hong Kong Jewellery & Gem Fair, a bellwether for the industry, was better than expected even though buyers refrained from large inventory purchases. The polished market was supported by relatively high rough prices…

Continue Reading Diamond Prices Stable in September

UN Commission: New Investments in Global Health Workforce Will Create Jobs and Drive Economic Growth

The Presidents of France and South Africa today called for urgent investments globally to create new jobs in the health sector in order to prevent a projected shortfall of 18 million health workers primarily in low- and lower-middle-income countries, and help countries to maximize the…

Continue Reading UN Commission: New Investments in Global Health Workforce Will Create Jobs and Drive Economic Growth

End of content

No more pages to load