JCI’s Gray in firing line over salaries, fees
Peter Gray, CEO of cash shell JCI, was grilled by shareholders who want to know why he collects a large salary when the firm is not generating cash.
NUM blocked Implats’ push for wage lift
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
Anglo American Platinum agreed with unions and government to a 60-day consultation period during which time its restructuring plan would be postponed.
Godongwana rules out MPRDA compromise
The ANC's Enoch Godongwana doubted the mining industry had room for manouevre regarding proposed amendments to the country's minerals legislation.
Amplats may revisit restructure plan
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
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’
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
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
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.
Motsepe reiterates interest in platinum deals
Patrice Motsepe, executive chairperson of African Rainbow Minerals, said his firm was interested in platinum acquisitions, reiterating comments made in September.