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Russia mulls oil production cut

Russia is considering cutting its oil production in a bid to revive prices, energy minister Alexander Novak said, as the ruble plunges in value.

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SCA rules on NAFCOC leadership battle

Supreme Court of Appeal rules that former National African Federated Chamber of Commerce and Industry president Joe Hlongwane’s appointment was not legiti... Read Story

iol news pic Mellon Diamond Auction
AP

Blue diamond sells for record $32.6m

A magnificent blue diamond has fetched $32.6 million in New York, breaking the world auction record for any diamond of its color.

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