Job Cuts

SA’s ‘welfare state’ is in trouble

The government has to make tough decisions about social grants in the face of poor economic performance

Gold Fields set to cut jobs in restructure

The mining company is set to cut more jobs despite numerous restructuring efforts

Amplats to cut 4 800 jobs

Anglo American Platinum, the world's top platinum producer, has said it will shed around 4 800 jobs through its restructuring process.

Sibanye Gold plans to shed 1 600 jobs

At least 1 600 jobs could be affected at Sibanye Gold as it restructures its support services, says the company.

Grim outlook for jobs in short term

Unemployment is set to worsen globally, posing the risk of social unrest as inequality worsens.

Sibanye gets leaner as Beatrix woes bite into head count

No surprises at the announcement of plans to cut 1 100 positions.

NUM: Amplats showed its stakeholders the middle finger

The National Union of Mineworkers will oppose the retrenchment of 6 000 workers at Anglo American Platinum, the union has said.

Amplats’s planned job cuts raises Cosatu’s ire

The Congress of South African Trade Unions has expressed outrage over Anglo American Platinum's announcement that it will cut 6 000 jobs.

Minister shocked by Amplats’s 14 000 job cuts

Plans by Anglo American Platinum to cut 14 000 jobs has come as a shock to the government, said Mineral Resources Minister Susan Shabangu.

Standard Bank to cut jobs

Standard Bank has said it would cut up to 15% of its staff in London to save $100-million, as the bank scales back operations outside Africa.

Sappi to rejig business, slash jobs

Paper maker Sappi says it will be cutting jobs and restructuring its operations to rein in costs and focus on higher margin businesses.

HSBC confirms 30 000 jobs will go

HSBC's new chief executive says the positions will go worldwide over the next three years after announcing first-half profits up 3% to $11.5-billion.

Latest

Coronavirus: South Africa will evacuate citizens from Wuhan

The government is expected to evacuate citizens from Wuhan, where the coronavirus outbreak originated

Primedia CEO Essack leaves following internal battles

Omar Essack leaves the 702 and 94.7 owners after a protracted standoff with the board

LIVE BLOG: Fin Min Tito Mboweni presents the 2020 budget

The budget is usually scheduled for the second-last Wednesday in February, and the ratings agencies deliver their decisions after assessing the country’s plans for the fiscal year ahead

Press Releases

Tourism can push Africa onto a new path – minister

The continent is fast becoming a dynamic sought-after tourist destination

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income

SAB Zenzele Kabili B-BBEE share scheme

New scheme to be launched following the biggest B-BBEE FMCG payout in South Africa’s history

Digging deep

Automation is unstoppable, but if we're strategic about its implementation, it presents major opportunities

TFSAs are the gymnasts of the retirement savings world

The idea is to get South Africans to save, but it's best to do your research first to find out if a TFSA is really suited to your needs

Achieving the litmus test of social relevance

The HSS Awards honours scholarly works based on their social relevance and contribution to the humanities and social sciences