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NUM blocked Implats’ push for wage lift

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The National Union of Mineworkers deliberately blocked efforts by Impala Platinum to lift salaries for rock drill operators, the Farlam Commission heard.

Amplats puts 60-day hold on job cuts

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Anglo American Platinum agreed with unions and government to a 60-day consultation period during which time its restructuring plan would be postponed.

Amplats may revisit restructure plan

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A report by City Press raised the prospect that Anglo American Platinum may seek to mitigate a restructuring plan affecting up to 14,000 jobs.

Unions, business in rare alliance against Eskom

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It's not often a union like Numsa joins hands with the business community; but it is as it seeks to oppose common enemy Eskom.

Mantashe lashes big business for its ‘disdain’

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Gwede Mantashe, ANC secretary-general, has said his party was treated by disdain by big business which was seeking to control it.

Anglo registers strike-hit Q4 output losses

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As expected, Anglo American's fourth quarter production figures were blighted by its strike-torn South African mines. But there were some bright spots too.

Eskom must be allowed to earn profit: Eberhard

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Past electricity tariff increases given to Eskom were justified, said Anton Eberhard who added the utility was required to make a profit for its own capital requirements.

IDC sounds note of caution on steel mill plans

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Plans by government to build a steel mill in South Africa must be implemented with a view to avoiding "unintended consequences", according to the IDC.

Motsepe reiterates interest in platinum deals

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Patrice Motsepe, executive chairperson of African Rainbow Minerals, said his firm was interested in platinum acquisitions, reiterating comments made in September.

Ramaphosa begins withdrawal from business

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Cyril Ramaphosa, newly elected deputy president of the ANC, set to work unravelling his business ties today, resigning from the boards of two prominent companies.