Andre Janse Van Vuuren

African Bank splits to isolate loans in Reserve Bank rescue

The Reserve Bank has placed the sinking lender under curatorship in a bid to save investors.

Anglo Platinum meets sales contracts even as strike cuts output

The platinum mining giant was able to fulfill its contracts despite a devastating five-month long strike which wiped out its profits.

Platinum stockpiles dwindle as strikers dig in

Attitudes of platinum producers and the majority union continue to harden as the strike enters it 6th week.

PIC says investment in oil explorer already paying off

South Africa's biggest fund manager is "in the money already" when it comes to returns on its multibillion-rand investment in Camac Energy.

Platinum mines brace for Amcu strike

At least 70 000 Amcu members plan to down tools at the country's biggest platinum mines on Thursday.

South African business to close for Mandela’s funeral

Enterprises ranging from retailers to mines and bank headquarters will close for the former president's funeral.

Strike at Northam Platinum may lead to job losses

The company has issued a letter warning workers and the union it may have to cut jobs as it continues to lose millions to industrial action each day.

Pay rises hollow victory for dwindling SA miners

The recently negotiated 8% pay increase for gold miners will be a hollow victory for those who stand to lose their jobs.

SA autoworkers to discuss pay demand amid strike

Workers from the automotive industry will meet to discuss revising pay demands as the strike involving 30 000 people enters its 11th day.

PetroSA said to buy Petronas’s majority Engen stake

The state-owned oil company remains tight-lipped over the matter, but confirmed it has engaged in negotiations with various potential partners.

Unions reject 4% wage offer from gold producers

Unions across the board have stood firm on wage demands, but employers say giving in to these would have dire consequences for the industry.

Implats says NUM has ‘some way to go’ before regaining recognition

As the former majority union, the NUM now falls very short of representing enough works to allow it organisational rights at the platinum mine.

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