1. The National Union of Mineworkers has threatened to end its support for the ANC after the government signed contracts to the value of R56bn with 27 independent power producers. The NUM says government's renewable energy programme will destroy jobs and create ghost towns in coal mining areas.
2. The holding company for Consol Glass is returning to the JSE with a R2.7 billion IPO. It was delisted ten years ago, when a consortium led by Brait took it private.
3. South African business confidence in March was down for the second month in a row due to weaker retail sales growth and a subdued construction sector.
4. Steinhoff will no longer ask shareholders to sign off on a plan to pay its supervisory board members up to R7.3 million. Instead it will leave the decision on how much extra they should be paid to those board members themselves, down the line.
5. Bahrain has just announced a massive oil find - it discovered at least 80 billion barrels of crude oil in a shale reserve.
These small coastal towns and one Cape Town suburb could soon see
home prices reaching the R20 million mark, according to the South Africa Wealth
Report, which was released by AfrAsia Bank and New World Wealth on Thursday: