Business
LATESTNUM is fuming after "insulting" wage offer from gold sector
The National Union of Mineworkers (NUM) is fuming after the first offer presented to it by employers this week, as the gold sector negotiations continue.
Gold sector tables first wage offer to unions
South African gold companies are offering Category 4 underground employees a salary increase of between 5.5 and 6.5 percent, while miners, artisans and officials have been offered an increment of between 3 and 4.5 percent.
75 percent of South African gold mines unprofitable
Chief negotiator for the Minerals Council, Motsamai Motlhamme, said trade unions must not labour under the misapprehension that the country's gold sector has cash to splash.
End in sight in Eskom wage negotiations?
The end may be in sight for wage negotiations currently underway at power utility, Eskom.
Non-paying Free State municipalities facing power cuts
Municipalities in the Free State who have failed to honour a payment agreement with power utility Eskom have been threatened with power cuts.
Miners killed in Phalaborwa mine accident identified
The six miners who were killed in a mining accident on Sunday have been identified.
Economics Weekly Update - All eyes on MPC meeting
This week will see all eyes focused on the July Monetary Policy Committee (MPC) scheduled for Thursday.
Securities Week Ahead - July 13
During the week ahead, the release of second-quarter results from some major corporations can be expected, while a few will be hosting their AGMs.
PIC must be included in VBS corruption investigation
The Democratic Alliance has called for the Public Investment Corporation to be included in the investigation into reports of corruption at VBS Mutual Bank.
Fire in an underground mine kills five miners
The Palaborwa Copper mine in Limpopo on Sunday reported that five miners have died after being trapped underground at the mine.
