Author Archives: admin

Sibanye sees no way around job losses in its platinum takeovers

BDLive reports that Sibanye Gold would be unlikely to go ahead with the acquisition of platinum mines in the Rustenburg area should the Competition Commission insist on a condition of no merger-specific retrenchments, the Competition Tribunal heard.   Source: Latest News

FNB to cut almost 600 jobs, close branches

Bloomberg reports that FirstRand plans to close branches and cut jobs at First National Bank (FNB), its retail-lending unit, as customers switch to digital banking and the lender responds to an economy on the brink of a recession.   Source: Latest News

Roundup of labour news on 14 March 2016

In our Monday roundup, see summaries of our selection of South African labour- related stories that have appeared since midday on Friday, 11 March 2016. Source: Latest News

No murder charge for sjamboked farm worker’s death

Diamond Fields Advertiser reports that Carlo du Plessis, who was accused of killing a farm worker he beat with a sjambok, no longer faces a murder charge after the Northern Cape High Court on Thursday found that there was insufficient evidence linking him to the crime.   Source: Latest News