Manhunt underway after masked gunmen kill nine people at South African tavern in Bekkersdal township. At least 10 others hospitalized in the attack.

A further 10 people were injured in Bekkersdal after the perpetrators opened fire and "continued to shoot randomly".

The South African rand chalked up further gains against the dollar on Tuesday, helped by gold prices reaching another record high.

South Africa’s new lower inflation target is giving the rand fresh momentum, with policymakers and analysts agreeing it could curb a long-term track record of weakness.

The South African rand gained against the US dollar on Monday as prices of precious metals, a key export, rose on global markets. The rand was up about 0.4% from Friday’s close at R16.71 to the dollar. The unit is currently trading around R16.69. Johannesburg-listed stocks also firmed, with the main bourse’s Top-40 Index last up 1.3%.

RITES shares rose after it received a LoA from Ndalama Capital (Pty) Ltd., South Africa, for the supply and commissioning of diesel-electric locomotives

South African father-of-three Dubandlela was overcome with pride when his 20-year-old son signed up in July to receive elite training as a VIP bodyguard in Russia. Five months later, Dubandlela is in despair.

Finance minister Enoch Godongwana says that South Africa's tax to GDP ratio is the highest it has ever been, with taxpayers struggling under the worst tax burden on record.