Thought Leadership
Financial Mail writes that a tenfold increase in its cash pile in the space of a year is probably the most obvious sign that the lean times are firmly behind Anglo American Platinum (Amplats). Source: Latest News
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New transport department director-general to prioritise Prasa security
Engineering News reports that Transport Minister Fikile Mbalula on Wednesday announced Alec Moemi as the new director-general (DG) of the Department of Transport, effective 1 August. Source: Latest News
Denel gives assurance that July salaries will be paid on time
Fin24 reports that Minister of Finance Tito Mboweni’s commitment to recapitalising Denel gave the state-owed arms manufacturer the confidence to announce on Wednesday that would be able to pay July salaries on time. Source: Latest News
Treasury insists no bailout funding for SABC unless it meets conditions
BusinessLive reports that Treasury director-general Dondo Mogajane said in Parliament Wednesday that the SA Broadcasting Corporation (SABC) would have to comply with conditions laid down by the Treasury before it could access the R3.2bn that it has requested from the government. Source: Latest News
Treasury says miners’ concern about carbon tax a “red herring”, but Minerals Council warns of 6,000 job losses a year
BusinessLive reports that a senior Treasury official has dismissed as a “red herring” the mining industry’s concerns over a relatively new tax on carbon dioxide emissions, saying the levy was too low to add up to unbearable costs. Source: Latest News
Afternoon roundup of labour news on Wednesday, 24 July 2019
In our afternoon roundup, see summaries of our selection of South African labour- related stories that appeared thus far on Wednesday, 24 July 2019. Source: Latest News
Former Nketoana municipality mayor, two officials arrested for alleged corruption
Bloemfontein Courant reports that a former mayor of the Nketoana local municipality in Free State has been arrested for alleged corruption. Source: Latest News
Shots fired, rocks thrown and commuters stranded in Bloemfontein taxi strike
The Citizen reports that both taxi and bus commuters were left stranded in Bloemfontein on Wednesday morning as a result of a taxi strike that commenced on Tuesday evening. Source: Latest News
West Rand to tackle illegal mining through mining forum
Randfontein Herald reports that the West Rand District Mining Forum aims to assist in curbing illegal mining activities in the Randfontein and Krugersdorp areas. Source: Latest News
Waste collection in Tshwane to be affected by strike action
News24 reports that Tshwane residents have been warned that their waste collection service will be disrupted due to a strike by members of South African Civil Servants Union (SACSU), which started on Tuesday. Source: Latest News