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(Nigel Jarred/Getty Images) In a slow day for corporate news, SPAR fell after warning of lower profits and lower-than-expected trading volumes, while precious stones miner Gemfields announced estimated reserves of more than 100,000 ounces of gold at an exploration project in northern Mozambique. In international news, the International Energy Agency expects global investment in clean energy technologies and infrastructure to reach $2 trillion (R38 trillion) this year, double that of fossil fuels.Ruby and emerald miner Gemfields The company announced on Thursday that a maiden mineral resource estimate for its gold exploration project in Cabo Delgado, northern Mozambique, is estimated to…

TEAM TALK: The Springboks' clever “coalition clip” has social media users calling for Rachie Erasmus to talk to political parties. As coalition negotiations heat up between the political parties, let’s pause for a moment to consider how Springbok coach Rassie Erasmus and his team are doing. Boy Keys Accomplished The unity of their ranks. The South African government defines a “coalition government” as: A coalition government is formed when two or more parties (or independent representatives) combine their votes in Parliament or Council to elect a government and support its decisions. This is necessary when no single party holds a…

Reading Time: 3 MinutesPresident Cyril Ramaphosa is due to announce the results of a special National Executive Committee (NEC) meeting held on Thursday in Boksburg, east of Johannesburg, tonight. After the ANC failed to secure enough votes to form a government on its own, party leaders met at the Birchwood Hotel in the East Rand to discuss different options for the shape of a governing coalition. Several parties have been named as possible coalition partners, including the DA, EFF, IFP and PA. ANC President Ramaphosa to announce coalition consultation meeting decisions: Mzwandile MbenjeANC secretary-general Fikile Mbalula said the unity government…

The Meteorological Agency warned that the storm could cause damage in some coastal areas. (Mounir-uz-Zaman/AFP) The South African Weather Service warned that parts of the country's coastal provinces could experience high tides, strong winds and waves, snowfall and extreme cold.Impact-Based WarningsOrange Level 5 Warning: High tides are expected along the coast between Plettenberg Bay and Buffalo City, causing sea levels to rise by 0.4 metres above the highest astronomical tide, which combined with already flooded rivers will cause coastal flooding.Yellow Level 2 Warning: Strong winds and waves making navigation difficult for small craft and personal watercraft are expected between Plettenberg…

Reading Time: 2 MinutesActionSA announced its withdrawal from the multi-party charter, alleging that certain parties in the MPC have betrayed the South African people. This was made during a media briefing by the party in Randburg, Johannesburg. The party argues that multi-party charter member states discussing a possible coalition with the ANC is a clear breach of the agreement. “We are the first party to say, 'OK, some parties have decided to negotiate, it's their right'. And if you think about it, I think it's their right. We can't really stop them. But at the same time, we as Action…

Serviced housing set up by the City of Ekurhuleni in 2016 remains vacant as people who were promised housing refuse to move. Photo: Kimberly Mutandiro In a small fenced-in space in the Delmore informal settlement in Boksburg, Ekurhuleni, 80-year-old wheelchair-user Freddie Frank and his partner Constance Mpinga live. They share the space with their children, who live in one shack, and tenants in two other shacks. The family is among hundreds of people who say the government has reneged on promises to provide them housing. Shanty residents have been protesting since July last year against the local government's plans to…

GoGo & Mo are among the list of influencers brought on by Mzansi Magic to promote Queen Modjadzi. To boost excitement for upcoming Mzansi Magic dramas Queen ModjajiThe channel is also using social media influencers to educate viewers ahead of its July debut. Influencer couple Gogo & Mo are part of a long list of content creators selected to shed more light on the Kherobedu language and culture. “Being an American, I didn’t know anything about the Kherobedu, their language or their culture, so when I was invited to join the campaign, Mo taught me so much. [about] “Being from…

Created by ceramist Hugo Osorio and Pedro Fuentes, the 25 sculptures form a sort of artificial reef in the azure waters surrounding the paradise-like Isla Fuerte, off the coast of Colombia. On the Caribbean seafloor, an unusual sculpture gallery is taking shape with an equally unusual purpose: to provide a home for coral threatened by tourism and climate change. Created by ceramist Hugo Osorio and Pedro Fuentes, the 25 sculptures form a sort of artificial reef in the azure waters surrounding the paradise-like Isla Fuerte, off the coast of Colombia. They are 1.5 metres high and are scattered about 6…

Ster-Kinekor plans to repurpose the existing infrastructure into other spaces to generate revenue. In the latest development in a planned restructuring, South African film giant Star Kinekor has announced it has concluded the process with fewer job cuts than expected. As part of a restructuring, the company avoided laying off 236 employees and closing nine cinemas. Instead, it cut fewer than 60 jobs and closed only two cinemas. According to the group's CEO, Mark Sardy, exciting plans are currently underway to diversify the offering to attract audiences. Sardi said the hit to business was limited due to successful discussions with…

Reading Time: 2 MinutesAfrican National Congress (ANC) secretary-general Fikile Mbalula dismissed the protests outside a special NEC meeting in Boksburg as inappropriate and based on disinformation. Ruling party leaders are meeting to consider various options for forming a government after they failed to secure enough votes to form a government on their own. However, a group of party members are skeptical of the possibility of a coalition government between the ANC and the Democratic Alliance and have been protesting. They say the DA has proven itself against the ANC by opposing a series of bills proposed by the party, including…