January 1, 1970

2 100 jobs in balance as Evraz Highveld mulls closure

The business rescue team at Evraz’s distressed South African steel unit is considering closing the steelmaker’s operations, placing more than 2 100 jobs at risk. Source: […]
January 1, 1970

African Rainbow Minerals to cut jobs as profits halve

Diversified mining group African Rainbow Minerals says its profit has halved due to sharply softer commodity prices, prompting layoffs and cost cuts to stay afloat. Source: […]
January 1, 1970

Sibanye wage offer: Rival unions protecting capitalists, says Amcu

Amcu president Joseph Mathunjwa has defended his union’s success at getting Sibanye Gold to present a new wage offer, despite criticism from other unions. Source: News
January 1, 1970

As Diamond preps bid, SA warns on 'play' for its banks

The South African Reserve Bank isn’t comfortable with private equity companies owning stakes in the country’s lenders, Deputy Governor Kuben Naidoo says. Source: News