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Nedlac’s social compact on Eskom sidesteps problem of resolving utility’s R488bn debt burden

BL Premium reports that the social compact on Eskom, now finalised by stakeholders in the National Economic Development and Labour Council (Nedlac), contains a detailed set of measures aimed at improving the sustainability of the company.  But, it pointedly avoids solving the biggest problem, namely the state-owned power utility’s R488bn debt...

Ramaphosa and Nehawu to meet on Friday following protests over a lack of PPE and non-implementation of wage increase agreement

BusinessLive reports that according to the National Education, Health and Allied Workers’ Union (Nehawu), issues pertaining to wage increases for public servants and a lack of personal protective equipment (PPE) for front-line workers were part of the agenda for their meeting with President Cyril Ramaphosa scheduled for Friday.   Source: Latest...

Mashaba vows retrieval of bodies from 2016 accident at Lily mine

Mining Weekly reports that ActionSA leader Herman Mashaba on Wednesday said his party’s legal team would be aiming to present the Department of Mineral Resources and Energy (DMRE) with a court order to retrieve the container at Lily mine in which three miners were trapped during a 2016 mine collapse.  ...