South Africa’s trading conditions for December 2014 remained positive due to increased power supply and better retail sales.
Eskom’s chief executive has acknowledged that the power utility was in a crisis and hinted load shedding would persist for sometime.
National Union of Mineworkers said it would hold a mass meeting with its members who are on a wildcat strike at a Northam Platinum.
The IDC said it would not consider selling its holdings in listed companies so as to take pressure off the cash-strapped power utility.
Naspers together with three other partners’ online classified joint ventures transactions has been closed.