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UK Pound£1=R21.77
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Weather in South Africa

Cape TownLight Cloud3ºC/8ºC
JohannesburgLight Rain Shower14ºC/20ºC
Port ElizabethLight Cloud17ºC/25ºC
BloemfonteinSunny Intervals14ºC/23ºC
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Wednesday, 12th December 2018

South Africa News Headlines | Retired Hafeez: I'm not scared of Proteas quick bowlers!
Recently retired Pakistan opener Mohammad Hafeez insists that he is not scared of the Proteas pace attack. | Ageing Faf heading for golden summer
Rob Houwing ponders whether Faf du Plessis has been elevating his game mindful of the fact that he could be in a swansong home season at international level. | PICS: See how much more you're paying for fuel, veggies, clothes - and even tea
Statistics South Africa on Wednesday released consumer inflation data, which ticked up to 5.2%. Here's how much you're paying for goods and services compared to a year ago. | Awards: Dubious side-stepping of Pieter-Steph
Rob Houwing queries the mantle of SA players player of the year going to Malcolm Marx, who instead slipped a bit during 2018, he feels, from his earlier, loftier high | Harding hopes to end Asian Tour season on a high
Justin Harding is ready to end his spectacular Asian Tour season with a flourish as he takes another shot at glory at the Indonesian Masters. | DEVELOPING: Britain's Theresa May to face no-confidence vote over Brexit
British Prime Minister Theresa May is facing a no-confidence vote from Conservative lawmakers angry about the divorce deal she has struck with the European Union. | May keeps fighting as tories prepare to vote on her leadership
Theresa May vowed to fight the leadership challenge against her, warning rebels in her Conservative Party that if they topple her they will be putting Brexit at risk. The pound, meanwhile, rose as much as 0.5% as traders bet she would win.

Anglo American says they are in a stronger financial position
JOHANNESBURG Anglo American said yesterday that it was in a stronger financial position following a year of performance improvements which had made it set a new production guidance two percent higher than the previous one.  Mark Cutifani, chief executive of Anglo American, said the group has completely transformed the quality of its asset portfolio and its performance as a whole over the last five years after disposing of some of its assets in South Africa and raising over $4 billion.  We have created a highly competitive business, with Anglo American among the very best in the industry in terms of margin. We see considerable further opportunity ahead and continue to target $3 billion to $4 billion of incremental annual Ebitda (earnings before interest, tax, depreciation and amortisation) by 2022, Cutifani said.  This will come from a combination of meeting or surpassing industry best-practice equipment performance across our operations; volume growth from existing and new operations, such as Quellaveco; and the deployment of our FutureSmart Mining technologies and digitalisation. It is these technologies that will transform how we mine, process and market our products, providing the next step change in our performance.  Cutifani was hosting a briefing for investors and analysts to provide an update on the group's current and projected operational and financial performance covering guidance for the next three financial years, including capital expenditure, and an update on its broad range of organic growth options.  He said Anglo American continued to improve its performance during 2018, and was now expecting production to be 2percent above previous guidance and costs 5percent below. We are also confident about the outlook for 2019, 2020 and 2021, he said.  African News Agency (ANA) | SA soccer legend Phil Masinga hospitalised
Bafana Bafana legend Phil Masinga has been admitted to Tshepong Hospital in Klerksdorp with an "undisclosed illness". | Le Clos, Gallagher qualify for finals in China
SA's butterfly star Chad le Clos and rising freestyler Erin Gallagher have qualified for the finals of their respective 100m events at the FINA World Championships (SC) in China.