Bloomberg reports that SA’s biggest banks are expected to consider reducing staff numbers this year to control costs as rising interest rates, a slowing economy and weakening rand weigh on earnings, according to finance union Sasbo. Source: Latest News
Author Archives: admin
With shafts to remain open longer, Lonmin delays 1,000 job cuts
Bloomberg Business reports that platinum producer said it would keep 1,000 contractors employed until at least September as it delayed plans to shut some shafts that had been earmarked for closure. Source: Latest News
Amcu’s Mathunjwa swings at mines that put profit before lives
Mineweb writes that on Thursday Association of Mineworkers and Construction Union president Joseph Mathunjwa lashed out at companies who put “profit before workers’ lives”. This was after an announcement that fatalities in the mining sector fell to their lowest level on record in 2015. Source: Latest News
Drop in metal prices to claim 32 000 mining jobs
Business Report writes that the number of miners who have lost their jobs, or face the prospect of losing their jobs, stands at about 32,000 due to the drop in metal prices to long-term lows and because of domestic economic turmoil. Source: Latest News
ANC urges Cosatu, National Treasury to talk over retirement fund tension
ANA reports that the African National Congress (ANC) said on Thursday that it had met with its alliance partner Cosatu over the controversial Tax Administration Laws Amendment Act, which affects how pensions will be paid out. Source: Latest News
Unions united in outrage against Eskom's vehicle drive-cameras
ANA reports that two trade unions have joined forces to stop power utility Eskom from continuing to install drive-cameras in its company cars. The installations are aimed at protecting the vehicles and to curb road accidents. Source: Latest News
Harmony Gold employee killed at Masimong mine in fall-of-ground accident
Mining Weekly Online reports that an employee was killed in a fall-of-ground accident at Harmony Gold’s Masimong mine, in the Free State, on Friday. Source: Latest News
Nelson Mandela Bay firefighters attacked at blaze
HeraldLive reports that three Nelson Mandela Bay firefighters were attacked and almost stabbed while extinguishing a bushfire near the Marina Sea Salt works in Perseverance on Wednesday. Source: Latest News
Mine fatalities reach all-time low, occupational disease incidences fall 3%
Mining Weekly Online reports that Mineral Resources Minister Mosebenzi Zwane revealed on Thursday that in 2015 South Africa recorded its lowest-ever number of mine fatalities, namely 77, down from 84 the year before. Source: Latest News
Standoff over retirement fund changes will backfire on Cosatu, says Cope
TMG Digital reports that the Congress of the People (Cope) on Thursday attacked labour federation Cosatu for “creating a self-inflicting storm to make itself relevant again” with its intended strike action against the recently signed Tax Administration Laws Amendment Act. Source: Latest News




Thought Leadership









