The spike in primary energy costs, mainly coal and diesel, has put a massive dent in Eskom’s bottom line, the utility revealed in its annual results.
South Africa’s skills problem remains massive, Deputy President Phumzile Mlambo-Ngcuka said on Wednesday. ”The scale of the problem has become bigger in the interim. There’s a need for us to up our game,” she told a media briefing on the 2007 report of the Joint Initiative on Priority Skills Acquisition.
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/ 1 November 2007
AngloGold Ashanti, the world’s third biggest gold producer, reported flat third-quarter headline earnings per share on Thursday after costs rose, undermining an increase in gold output. AngloGold’s new chief executive officer Mark Cutifani said the firm was reviewing its operations with a view to disposing of assets that did not add value