The Russian general prosecutor’s office is asking a court to recover 15.5-billion roubles ($220m) in allegedly unpaid taxes from US oil major ExxonMobil, local news agencies TASS and Interfax reported on Tuesday citing court documents.
In what was otherwise a challenging year for SA’s mining sector amid a worsening power crisis and rail failures, the industry managed to reduce worker fatalities to a record low.
The excitement about Lyle Foster’s move to Burnley is understandable. After all the transfer fee of €7m (about R132.4m), possibly rising to €10m with add-ons, is a record for an SA player, comfortably eclipsing the €6m paid by La Liga side Celta Vigo for Benni McCarthy in 1999...
The rand traded at its weakest point against the dollar in about a month on Tuesday morning, decoupling from the global risk-on scenario that has played for the better part of January.
