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Stuff from Johannesburg

AngloGold Ashanti (NYSE:AU) Rating Lowered to Hold at Zacks Investment Research | MyJHB.co.za

Johannesburg in the news:

  1. AngloGold Ashanti (NYSE:AU) Rating Lowered to Hold at Zacks Investment Research: AngloGold Ashanti (NYSE:AU) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks.com reports. According to Zacks, … – “Johannesburg” – BingNews
  2. Rand falls from an eight-month high against the dollar: JOHANNESBURG – The South African currency fell from an eight-month high against the greenback yesterday as local factors moved to the fore according to NKC Research. News of an arrest warrant issued … – “Johannesburg” – BingNews
  3. Breakfast with Nala: Fresh Morning / Breakfast Show … – “Johannesburg” – BingNews
  4. LIVESTREAM: State capture inquiry to hear Denel-related testimony: JOHANNESBURG – The state capture inquiry continues to hear Denel-related testimony on Wednesday. The Zondo Commission will hear the testimony of former Denel Group Chief Executive Officer Zwelakhe … – “Johannesburg” – BingNews
  5. Zimbabwe veg producer taps renewables start-up for solar power backup: Nhimbe Fresh, one of Zimbabwe’s biggest fruit and tobacco producers, plans to solar power its cold store and packhouse facilities in a project with South African renewable energy start-up Sun Exchange … – “Johannesburg” – BingNews

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? Stone-walled ruins of Sotho–Tswana towns and villages are scattered around the parts of the former Transvaal in which Johannesburg is situated. Many of these sites contain the ruins of Sotho–Tswana mines and iron smelting furnaces, suggesting that the area was being exploited for its mineral wealth before the arrival of Europeans or the discovery of gold. The most prominent site within Johannesburg is Melville Koppies, which contains an iron smelting furnace.

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Top Star Drive-In: The Cinema on the Mountain of Gold

The Ferreira Dump began growing in the late 1800s, composed of the crushed rock and chemical residue left over after early, inefficient mining processes had extracted as much gold as the technology of the time allowed. By the 1960s, it was a flat-topped, man-made mesa overlooking the city. In a stroke of entrepreneurial genius, the surface was tarred and the Top Star Drive-In was opened. It quickly became a South African institution. Its appeal was not just the movies, but the unparalleled view: as the sun set, the massive white screen would flicker to life against a backdrop of the glowing skyscrapers of the Central Business District, separated from the viewer only by the elevated M2 highway.

In the decades before television arrived in South Africa (1976), the Top Star was a primary social hub. It was a democratic space in an undemocratic time; while the city below was strictly segregated, the “car” served as a private bubble that allowed a degree of social freedom not found in traditional theaters. For many Johannesburgers, the Top Star was a site of nostalgic rites of passage—first dates, family outings where children were piled into the back of station wagons with blankets and flasks of tea, and the Saturday “car market” where the parking lot transformed into a sprawling hub for buying and selling second-hand vehicles.