Gold producers table final offer

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BONUS – RUSTENBURG – Gold producers AngloGold Ashanti, Evander Gold Mines, Harmony and Sibanye Gold tabled their final offers in respect of wages and benefits to representative unions, the Association of Mining and Construction

Union (Amcu), the National Union of Mineworkers (NUM), Solidarity and UASA.

Bank rates hike ,25%

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BONUS – RUSTENBURG – Despite inflation being put at 4.7% for the month of June 2015, the South African Reserve Bank’s (Sarb) Monetary Policy Committee (MPC) has increased the repo rate by 25 basis points to 6% per annum.