Jobs bloodbath worsens in South Africa – 3,900 on the block
Implats is looking to retrench thousands of workers, adding to the major job cuts affecting those in the South African mining sector.
FRIDAY, 26 APRIL 2024, 16:18
Implats is looking to retrench thousands of workers, adding to the major job cuts affecting those in the South African mining sector.
The NCOP has approved two reports from the Ethics Committee which updates ethical codes of conduct and exposes and seeks discipline for members who failed to disclose interests.
A slight boost to the rand won’t do much to prevent a petrol price hike next week – but diesel users should at least get some relief.
The firm says BHP’s bid to create one of the world’s biggest mining groups is “highly unattractive”.
Impala Platinum, the world’s second-largest platinum producer, said on Friday it has entered into retrenchment talks that could affect 3 900 positions.
Eskom says that its worst-case scenario for winter doesn’t include load shedding going to stage 6 – thanks to improvements over the last year.
The retail group hopes giving candidates sight of questions will make process fairer.
Metro police officers in South Africa are calling for more powers to allow them to investigate certain crimes.
Investors are expecting a rally in South African stocks in the near future, with many taking a “wait and see” approach.
Anglo American Platinum (Amplats) said on Friday it has named Sayurie Naidoo as its CFO and executive director with effect from 1 May, replacing Craig Miller, who has taken up the position of CEO.
Sentiment around interest rates in the US and other global markets is slowly shifting, and the possibility of a flip in South Africa—while not likely—can’t be discounted.
South Africa’s first piece of legislation specifically aimed at addressing the effects of Climate Change is one signature away from becoming law.
The Anglo American board has unanimously rejected a takeover proposal from the world’s largerst mining company, BHP.
The SARB has launched a scheme to protect depositors in case of a bank failure in South Africa.