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Andre Janse Van Vuuren

African Bank splits to isolate loans in Reserve Bank rescue

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The Reserve Bank has placed the sinking lender under curatorship in a bid to save investors.
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Anglo Platinum meets sales contracts even as strike cuts output

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The platinum mining giant was able to fulfill its contracts despite a devastating five-month long strike which wiped out its profits.
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Platinum stockpiles dwindle as strikers dig in

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Attitudes of platinum producers and the majority union continue to harden as the strike enters it 6th week.
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PIC says investment in oil explorer already paying off

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

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At least 70 000 Amcu members plan to down tools at the country's biggest platinum mines on Thursday.
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South African business to close for Mandela’s funeral

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Enterprises ranging from retailers to mines and bank headquarters will close for the former president's funeral.
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Strike at Northam Platinum may lead to job losses

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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.
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Pay rises hollow victory for dwindling SA miners

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The recently negotiated 8% pay increase for gold miners will be a hollow victory for those who stand to lose their jobs.
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SA autoworkers to discuss pay demand amid strike

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Workers from the automotive industry will meet to discuss revising pay demands as the strike involving 30 000 people enters its 11th day.
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PetroSA said to buy Petronas’s majority Engen stake

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The state-owned oil company remains tight-lipped over the matter, but confirmed it has engaged in negotiations with various potential partners.
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Unions reject 4% wage offer from gold producers

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Unions across the board have stood firm on wage demands, but employers say giving in to these would have dire consequences for the industry.
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Implats says NUM has ‘some way to go’ before regaining recognition

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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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