News in Brief
Hundreds of clothing jobs on line at Trubok
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People’s indaba calls for reforms
“Taxation in the mining industry needs to be monitored much more closely as most of the companies in the industry have either been evading payment or are enjoying an abnormally long tax holiday,” John Capel of Benchmarks said on the opening day of the Alternative Mining Indaba, which is being held at Woodstock in Cape Town, just a few kilometres down the road from the African Mining Indaba.
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RANDGOLD Profit rockets on higher prices
Randgold Resources’ fourth-quarter profit rose fourfold after production increased and gold prices gained, the London-listed group said yesterday. Net profit climbed to $115.5 million (R863m) from $26.8m a year earlier. Sales more than doubled to $313.6m. Randgold, which produced 696 023 ounces of gold in 2011, targets output of between 825 000 and 865 000 ounces of the precious metal this year. The group plans to produce 950 000 ounces next year and 1.2 million ounces in 2015. Shares were up 2 percent by 4pm in London. – Bloomberg
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Price gap between buying and building a home widens
The price gap between new and existing homes has widened to a new record level after starting to decline last year.
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Gallery: Laureus Sports Awards
Novak Djokovic won the top individual prize and Barcelona captured the team trophy at the 2012 Laureus Sports Awards.
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Video: The weigh-in brawl
Tillman took exception to SBW trash-talking as they faced off at Hamilton's Ringside Gym and gave him a shove.
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Sonny Bill in weigh-in brawl
The All Blacks star looked every inch the boxer when he came to blows with upcoming opponent Clarence Tillman.
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Djokovic and Cheruiyot honoured
Tennis star Novak Djokovic was among the big winners at the Laureus Awards in London.
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Fraud accused in KZN ski resort wrangle
Gary Porritt has been connected to at least 3 000 cases of fraud. Now, he’s in a wrangle over cattle and a ski resort in KZN.
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IFP stalwart retires from active politics
The IFP continues to bleed senior leaders and stalwart Reverend Musa Zondi, is the latest.
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Hijackers who killed teacher, arrested
A 45-year-old teacher’s killers have allegedly been arrested, hours after the crime.
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Boys ‘forced’ to mock-rape bus seat
Senior pupils at a private school are being probed after younger boys were “humiliated” in an initiation incident.
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All square at the start of the series
The South African ODI team takes on Sri Lanka in a sunny Paarl today and the home side expects to move ahead in overall match wins … both sides have won 22 times in the 46 times they have faced each other. Die Suid-Afikaanse eendagspan pak vandag Sri Lanka in ‘n sonnige Paarl. Die tuisspan beplan om ‘n voorsprong te neem in die algehele uitslae. Beide spanne het 22 keer gewen in die 46 keer dat die spanne teen mekaar gespeel het.
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Premier call on UJ to stop stampedes
Gauteng premier, Nomvula Mokonyane, has called on the management of the University of Johannesburg to work closely with authorities to ensure that Tuesday’s stampede at the university does not happen again. Die premier van Gauteng het 'n beroep op die Universiteit van Johannesburg gedoen om toegang beter te beheer na 'n ouer gister in 'n stormloop om laat registrasie gedood is.
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Teacher suspended after child-sex allegations
A teacher from Daveyton near Johannesburg has been suspended by Gauteng Education after allegations that he was giving marks for sex to his pupils. ‘n Onderwyser van Daveyton naby Johannesburg is geskors na hy na bewering beter punte aan skoolkinders gegee het in ruil vir seks.
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Minister threatens drivers that break the law
Transport Minister S’bu Ndebele has warned there will be zero tolerance for those who continue to drive at excessive speeds and disobey the rules of the road during the festive season. Die minister van vervoer sê bestuurders sal toegesluit word as hulle nie Suid-Afrikaanse verkeersreëls nakom nie.
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