From the archives: Marikana – still no closure after 10 long years
It’s 10 years today since the Marikana Massacre took place, in which 34 mine workers were shot dead during a protest over improved wages.
It’s 10 years today since the Marikana Massacre took place, in which 34 mine workers were shot dead during a protest over improved wages.
The ANC has approved a range of proposals to revive economic growth, but stopped short of endorsing Tito Mboweni’s plan to sell state assets.
South Africa has averted a second recession after economic growth rebounded in the second quarter. Positive growth of 3.1% was recorded from April to June.
The World Bank says South Africa will save Eskom. Details of a R230bn rescue package are due to be unveiled soon.
AMCU demanded wage increases of as much as 48% from platinum producers in the world’s top supplier of the metal, setting the stage for a tough fight in upcoming pay talks.
South African mining stocks were driven to an almost 11 year high yesterday as iron-ore prices rallied and gold was shining due to its haven appeal.
When the world’s biggest platinum miners sit down with labour unions this month to negotiate a three-year wage deal, it could prove an early test of Cyril Ramaphosa’s new presidency in South Africa.
One of the most polarising figures in South African mining, AMCU leader Joseph Mathunjwa, has never hesitated to go head-to-head with powerful CEOs. Now he may have to face down the government.
Top officials, politicians and businessmen of the ANC are facing tax claims of more than R250m ($17.4m) on income earned from Bosasa.
The head of the Government Employees Pension Fund says the fund is financially sound and there is no need for an increase in contributions by employers.