Update@Noon

Yesterday was a blue Monday on markets with topping the list of bad news was the first Quater Labour survey, mining stocks falling and Eskom is not forecasting any load shedding for this winter

Market Analyst Clive Ntozabantu Ramathibela looks at Asian shares trading which are mostly lower, China steel export surge this year and Bonitas and Liberty medical scheme set to merge

Strategist at ETFSA Nerina Visser looks at Moody’s to NOT downgrade SA’s sovereign rating, one of the factors contributing factors for the lack of domestic economic growth is the weak outlook globally and the Rand weakened quite dramatically at one stage last week

The families of two people drowned at Crossmoor outside Chatswoth south of Durban are still searching FOR the bodies of their loved ones. Four people drowned when they tried to cross the river on Friday night coming from a church service. The heavy rains also flooded houses in areas such as Isipingo, Lamontville and other areas around Durban. Meanwhile a railway track at Zwelethu in Umlazi south o...

The South African Democratic Teachers Union is threatening to take Basic Education Department to court over its report into the jobs-for-cash scandal. The report, which was first supposed to be released in February, was to have been released on Friday last week, but was again delayed for a further two weeks. The task team was established to investigate allegations that Sadtu members were selling p...

Minister of State Security David Mahlobo has warned they will continue to arrest more people including chiefs, politicians and businessmen involved in criminal activities in Vuwani outside Thohoyandou. Twenty four schools, three municipal trucks and two houses were burnt during the protests in Vuwani in the past week. Residents are against the inclusion of their area into a new municipality in Vhe...

South Africans must learn the Constitution. This is the sentiment arising from a panel discussion hosted by the Thabo Mbeki Foundation. The discussion revolved around 20 years of the Constitution and the I am An African Speech. Panelists say there is a need to make the Constitution part of South Africans daily living. The panelists say the failure to mobilise people around the Constitution is due...

Communities in Vuwani and surrounding areas in Limpopo are starting to feel the impact of the shut-down. The local shopping complex is partly surrounded by police's razor wire, as angry protesting residents burn schools and infustructure. At some villages residents are forced to walk long distances to reach the main road to go and buy food at towns like Elim, Thohoyandou and Louis Trichardt. Some...

Business rescue practitioner at Lily Gold Mine in Mpumalanga, Rob Deveraux ,says the mine is still engaging with shareholders and the private sector to get funding. This after the mine applied for business rescue a few weeks ago. Three workers remain trapped underground after a collapse three months ago. The mine failed to pay its workers last month, which led to a protest action yesterday morning

Market Analyst Clive Ramathibela looks at Asian stocks which dropped, the rand weakened below R15 per and Competition Commission will ask for a new extension to its investigation into AB InBev takeover of SABMiller

Gauteng's MEC's for Community Safety and Transport yesterday met with various taxi owners and traffic chiefs from across the province in an attempt to curb the ongoing road fatalities. This follows last Friday's incident on the R41 in Randfontein west of Johannesburg where 15 people were killed following a crash involving a taxi and a truck. Three people were also injured during a shootout between...

President Jacob Zuma has sent an interministerial Task Team to the violence toned Vuwani area of Limpopo this in a bid to bring back stability. Some residents of Vuwani and surrounding villages have embarked on a violent protest expressing dissatisfaction over the Municipal Demarcation Board's decision, to merge their area with another one to form a new local municipality in the Vhembe District. T...

Investment Analyst at 27 Four Investment Managers Nadir Thokan looks at what to expect from the US job numbers and the SA business confidence numbers both coming out today and what looks at the findings from the consumer credit index

Four Wits University students who were seriously injured after the taxi they were travelling in collided with a trailer in Mokopane have been transferred to the Charlotte Maxeke Academic Hospital in Johannesburg. Two ambulances left the Voortrekker hospital in Mokopane this afternoon. Meanwhile, the families of the seven students who died in the accident are at a mortuary in Mokopane, where they a...

Rules of engagement took centre stage on the first day of the Claassen Board of Inquiry in Pretoria. Lawyers of suspended Police Commissioner Riah Phiyega accused the defence team of attempting to expand the scope of terms of reference of the inquiry. The inquiry was set up by President Jacob Zuma to determine suspended police commissioner Riah Phiyega's fitness to hold office. This is as per reco...

Members of MMM South Africa want their donation scheme to be declared legitimate. The members have approached the North Gauteng High Court through their representative after some of their bank accounts were frozen. The National Consumer Commission (NCC) says they did not freeze anyone's bank account as they don't have the mandate to. We spoke to Deputy Commissioner of the National Consumer Commiss...

To mark the 25TH anniversary of media day, yesterday Zimbabwean journalists and civil society groups marched in the capital Harare for Press freedom. The country's Human Rights organisations say they have witnessed a spike in attacks on press freedom by the state, but that the threat to survival of the press is also coming from within. Shingai Nyoka nyola reports...

Market Analyst Clive Ntozabantu Ramathibela talks about Asian stocks which fell for a sixth day, China's Improbable Commodities Frenzy Leaves Stocks in the Dust and South Africa rating downgrades could lead to capital outflows

Market Analyst from 27Four Investment Managers Nadir Thokan looks at corporate profits in South Africa falling, recent weak dollar is good news for the US and Eurozone inflation forecasts were realeased yesterday

Much anticipated board of inquiry into the fitness of suspended national police commissioner General Riah Phiyega to hold office will kick off in Pretoria today. The inquiry chaired by retired judge Cornelius Claasen was established by President Jacob Zuma as per the recommendations of the Farlam commission which investigated the killing of 44 people during labour unrests at Lonmin's platinum mine...

Four schools, a post office, vehicles and a tribal office have been set alight by the protesting residents. Commuters have been left stranded as the total shut down of services is continuing in the area. Residents are protesting against the decision to include Vuwani into the new municipality to be established in Vhembe. Sakina Kamwendo speaks to SABC reporter Witness Tiva and Limpopo government s...

Wits University students who survived a horrific crash that claimed the lives of nine people including seven of the university's students on Sunday night in Limpopo, will be transferred from the Mokopane hospital to Charlotte Maxexe hospital today. The students were coming from a church service in Limpopo back to Johannesburg when the mini bus taxi they were travelling in overturned and caught fir...

Market Analyst Clive Ramathibela looks at emerging -market equities which fell for a third day, Australia's dollar tumbled against all of its major peers and Gold advanced above $1,300 an ounce for the first time since January 2015

Market Analyst from 27Four Investment Managers Nadir Thokan looks at China's manufacturing PMI which slipped, commodity prices drop and what does the recent dollar weakness mean

The South African Civil Aviation Authority (SACAA) has lifted the suspension of SA Express' Air Operator Certificate (AOC). This after, the airline's certificate was suspended last week following an audit by the Aviation Authority that revealed deficiencies relating to the operator's safety monitoring systems. For more Sakina Kamwendo spoke to Executive Manager for Aviation Safety Operations, Simo...