Mining industry frets as Amcu vows to escalate strike

About 12,500 Amcu members at Sibanye’s platinum operations are set to join their 15,000 comrades at the firm’s gold concerns in striking.

The Minerals Council South Africa representing major producers operating in the country said today it was worried about the potential damage after militant labour union Amcu vowed to expand a wage strike which began at Sibanye-Stillwater three months ago.

Mining industry frets as Amcu vows to escalate strike
Mining industry frets as Amcu vows to escalate strike

Mining industry frets as Amcu vows to escalate strike

About 12,500 Amcu members at Sibanye’s platinum operations are set to join their 15,000 comrades at the firm’s gold concerns in striking.

SA’s finest food industry to create trading opportunities in Japan

SA’s finest food industry to create trading opportunities in Japan

Trade and Industry Minister Rob Davies says the two countries have both made efforts to promote trade through exhibitions.
SA companies score potential clients, trade leads during Dubai exhibition

SA companies score potential clients, trade leads during Dubai exhibition

A manager says it has rapidly evolved from a Gulf event to a full-scale global event.
Cell C CEO steps down

Cell C CEO steps down

He will take on more of an advisory role in an effort to aid the brand in the delivery of its strategic intent.
Wescoal appoints Demana as CEO

Wescoal appoints Demana as CEO

He has apparently, over the past five years, acted as a lead corporate advisor to the company, giving him a keen insight into the company.
FNB cracks down on fraudulent debit orders

FNB cracks down on fraudulent debit orders

The bank is also deploying analytical, forensic, and legal expertise to protect customers against unauthorised debit orders
Nominations open for southern Africa chapter of EY World Entrepreneur Awards

Nominations open for southern Africa chapter of EY World Entrepreneur Awards

Eligible entrepreneurs include company founders, family business leaders, and transformational public and private company CEOs.
Take sugar industry’s tax talk with a pinch of salt – expert

Take sugar industry’s tax talk with a pinch of salt – expert

Sugar lobbyists and the industry’s ‘modelling around the economic impact of the sugar tax was from the outset largely exaggerated’.
Keep calm and carry on: Northern France ‘ready’ for Brexit

Keep calm and carry on: Northern France ‘ready’ for Brexit

Northern France has a lot to fear from a messy British exit from the European Union next month.
Get off-grid for growth, energy indaba hears

Get off-grid for growth, energy indaba hears

Setting up micro off-grid systems ‘is a quick way to bridge the gap to remote rural areas that don’t have access to electricity’.
Consumers will feel the most budget pain – analysts

Consumers will feel the most budget pain – analysts

‘Some taxes such as carbon tax and fuel levies will impact negatively on the consumer, who have to dig deeper into their pockets to live.’
Mboweni made lacklustre budget speech for dried-up fiscus – IFP

Mboweni made lacklustre budget speech for dried-up fiscus – IFP

‘Clearly, as we forewarned, it was an ANC election budget, not a budget to address the real concerns of our people,’ the party said.
VBS chair Matodzi’s chartered accountant body membership cancelled

VBS chair Matodzi’s chartered accountant body membership cancelled

Matodzi was fingered as one of the looting ringleaders in advocate Terry Motau’s ‘The Great Bank Heist’ report last year.
Chicken imports reach record high, intervention needed – SA poultry association

Chicken imports reach record high, intervention needed – SA poultry association

Sapa has calculated that 30,000 jobs could be created by replacing chicken imports from Brazil.
FNB welcomes R950m subsidy for first-time home buyers

FNB welcomes R950m subsidy for first-time home buyers

The supply of well-located, zoned and serviced land continued to significantly lag behind the growing demand, the bank said.
Mboweni’s budget not bold enough – Business Unity SA

Mboweni’s budget not bold enough – Business Unity SA

Mboweni ‘failed to address the fundamental challenges facing South Africans and the economy’.
R69bn govt lifeline will help keep lights on – Eskom CEO

R69bn govt lifeline will help keep lights on – Eskom CEO

Last week, the country experienced rotational power cuts as a result of several power stations breaking down.
No pay rises for politicians, govt to offer early pensions

No pay rises for politicians, govt to offer early pensions

‘The public wage bill is unsustainable. We must shift expenditure to investment,’ Finance Minister Mboweni said.
Rand claws back lost gains after Mboweni’s budget speech

Rand claws back lost gains after Mboweni’s budget speech

Mboweni announced that the national government was not taking on Eskom’s debt which stands at a stagerring R421 billion.
South Africa hailed for hosting EU-SADC meeting

South Africa hailed for hosting EU-SADC meeting

The meeting held on Tuesday was co-chaired by the Botswana minister of investment, trade and industry and the EU trade commissioner.
Grounding CemAir could lead to major retrenchments, warns Solidarity

Grounding CemAir could lead to major retrenchments, warns Solidarity

The union wants to work with the South African Civil Aviation Authority and CemAir to find solutions to avoid retrenchments.
Sibanye’s losses pile up after changes in US tax regime

Sibanye’s losses pile up after changes in US tax regime

Changes in the US tax legislation have resulted in an amendment to deferred tax for the year ended December 31 2018.
#Budget2019 – R1.8 billion for land reform

#Budget2019 – R1.8 billion for land reform

A further R3.7 billion will go to emerging farmers seeking to acquire land.
Mboweni denies he will be ‘abandoning’ SA after elections

Mboweni denies he will be ‘abandoning’ SA after elections

‘I am not abandoning you so soon. I’m not going anywhere in a hurry, don’t worry,’ he says.
Mboweni says no to converting Eskom’s debt

Mboweni says no to converting Eskom’s debt

The minister took the opportunity to say he views those opposed to privatisation in general as hopeless nostalgists.
National Treasury needs more contingency funds for all the bailouts

National Treasury needs more contingency funds for all the bailouts

Reserves have been beefed up in the event the state needs to give further bailouts to parastatals.

 

 

 

 

 

today in print