Mining giant BHP Billiton will spin off all its South African mines and smelters, including its local coal operation Billiton Energy Coal SA, the Hillside and Mozal aluminium smelters and its stake in local Manganese group Samancor.
Dewald van Rensburg
Mining giant BHP Billiton is set to divest itself of its controversial aluminium smelters in Richards Bay and Mozambique, as well as other South African assets, as part of a portfolio “simplification”.
As the death toll mounts in Gaza, campaigns for the economic and political isolation of Israel are growing, with new calls to boycott retailers stocking Israeli produce.
The absence of the Association of Mining and Construction Union (Amcu) was the obvious elephant in the room as practically all other major roleplayers in the mining industry held their annual mining lekgotla.
Bafana broadcast deal underpins new kid on the block’s readiness to play in the big league.
The battle around potentially game-changing import facilities for liquefied petroleum gas (LPG) in Saldanha has taken a turn that threatens millions invested by the state-owned Industrial Development Corporation (IDC).
The National African Federated Chamber of Commerce (Nafcoc) says government’s new small business department was its brainchild and was set up as a direct consequence of Nafcoc’s lobbying of the ANC.
An R85 billion class action against Transnet was given the green light this week, paving the way for a colossal hole in the state-owned company’s pocket because of alleged systematic plundering of its pension funds.
The Chemical, Energy, Paper, Printing, Wood and Allied Workers’ Union (Ceppwawu) is being threatened with deregistration after failing to submit financial records or hold meetings.
Labour brokers are absorbing the employment tax incentive that is meant for employers. Dewald van Rensburg examines the trend
The National Union of Metalworkers of SA (Numsa) will make an announcement about the ongoing strike in the metal and engineering sector today, according to spokesperson Castro Ngobese.
The Services Sector Education and Training Authority (SSeta) has launched a major forensic investigation into contracts worth about R273 million to eliminate the allegedly widespread looting and wastage incurred by South Africa’s skills development funds.
City Press on Twitter
- NUM fights Petra Diamonds retrenchments ‘tooth and nail’: http://t.co/kCl3GBhIkA 11 hours ago
- Generations: ANC calls for speedy, amicable resolution: http://t.co/mkId7uqd6F 11 hours ago
- Mpofu, Ntsebeza call for second Marikana inquiry: http://t.co/84clnb4Opi 12 hours ago
- DA: Nkandla ad hoc committee will ignore Madonsela, SIU reports: http://t.co/OrqJd2Bs8i 13 hours ago
- Pansy Tlakula can still play crucial role in society – ANC: http://t.co/yGRWPCaLIp 13 hours ago
Charity is a step back in alleviating poverty. At the recent economic summit held in the US, President Barack Obama stressed the need to increase funding to Africa.
The ANC stalwart, Pallo Jordan, did the right thing. Upon being found to have pimped his qualifications by the Sunday Times, he resigned as an MP.