The ANC Youth League was eyeing changes to the property clause in the Constitution after its ardent push for the nationalisation of mines.
Business
SARB cuts interest rates by 50 bps
The Monetary Policy Committee of the South African Reserve Bank on Thursday decided to cut the repo rate by 50 basis points to 6 percent.
Malema hate speech case of ‘national interest’ – Afriforum
Afriforum’s hate-speech case against ANCYL president Julius Malema was a “matter of national interest” and should not be settled through mediation.
ANCYL wants property clause amended
The property clause in the Constitution should be amended to strengthen it.
SA falls in competitiveness rankings
South Africa has fallen nine places in the latest global competitiveness rankings -from 45th place last year to 54th this year.
Regret, apology not part of BP’s oil spill report
BP’s long-awaited internal report on what it believes went wrong when a rig exploded and started the Gulf oil spill never mentions the words blame, regret, apology, mistake or pollution.
Australian mine tax uncertainty to last into 2011
Uncertainty over the shape of Australia’s controversial mining tax is likely to last well into 2011 after national elections which returned the country’s first minority government since World War Two.
Sanlam first half flat as markets weigh
Sanlam has reported flat first-half earnings, as volatile markets offset strength in its underwriting business, and stuck to a cautious outlook.
Numsa to march to highlight 15 percent wage demand
National Union of Metalworkers of SA members will march in Port Elizabeth on Thursday to highlight their demands for a 15 percent wage increase within the service, tyre, dealership and components sectors.
Lonmin chief takes swipe at SA’s mining law
South African mining law was “imperfect” and hindered by weak administration, Lonmin chief executive Ian Farmer said yesterday.