As strikers’ stances harden, the increasing threat of closure could make wage demands irrelevant.
As unprotected strikes continue to spread across SA, the effect on domestic growth for the third quarter will affect output in 2013.
Strikes aren’t new in SA, but there hasn’t been this many in decades – it’s an indication that labour relations at mines are worsening.
The wage agreement at Lonmin’s Marikana mine was widely welcomed, but now appears to have triggered a deepening crisis in the mining industry.
An amnesty for blacklisted consumers might be on the cards early next year but if implemented poorly, it could be bad for borrowers and lenders alike.
A wage deal was brokered at Lonmin’s Marikana mine this week, bringing a welcome end to a month-long violent strike but how will the mine afford it?
Food and petrol price rises are expected to pose the greatest risk to inflation in the near future.
Lenders big and small are slugging it out for the rands you are yet to earn as they race to issue unsecured loans at high interest rates
Lower demand for South Africa’s merchandise exports from the eurozone will have a substantially negative direct effect on the economy.
High levels of credit may have contributed to the cocktail of factors that led to the bloody clashes between police and Lonmin strikers.
The signing of a peace accord on Wednesday has brought little comfort to Lonmin investors – as workers at Marikana mine continue to stay away.
The Marikana protest is the latest in a trend of destructive strikes in the platinum province.
A shrewd investment 11 years ago on a little-known and unprofitable Chinese internet company is now paying huge dividends for Naspers.
The local aviation industry is in uproar over a new tax that will have far-reaching effects on revenue and employment for the entire supply chain.
The figures show that striking platinum workers earn far more than they have told journalists.
A rights issue makes sense and could be good news for investors, an analyst claims
The taxman is cracking down on noncompliance, but he may be in for a long wait with regard to the money wealthy individuals allegedly owe.
For more than 10 years SA has benefited from liberal access to US markets and fear of imminent exclusion is causing panic in the automotive industry.
It is a widely held view that newspapers are dying, but a R2.4-billion bid for Independent News & Media South Africa may change investors’ minds.
Despite making substantial losses, the Reserve Bank’s financial statements have been approved, writes Lisa Steyn.
BankservAfrica, the continent’s largest automated clearing house, has launched an economic index that shows South Africa’s economy is slowing.
A research project has put a human face on the people who have ventured into the tiger’s den. Lisa Steyn reports.
Sactwu has abandoned its attempt to halt legal proceedings that could result in the loss of thousands of jobs in the clothing and textile industry.
Private users are responsible for 60% of energy savings on the back of soaring power tariffs, writes Lisa Steyn.
South African Reserve Bank governor Gill Marcus has announced a cut in the repo rate by 50 basis points to 5%.
Transport and logistics parastatal Transnet has released impressive annual results, prompting optimistic media headlines.
Insurers are unlikely to lower their premiums as a result of the improved statistics, writes Lisa Steyn.
Despite all the price and cost upheavals of platinum, some analysts remain bullish about the metal’s future, writes Lisa Steyn.
Not joining the union has paid off for the Swiss, although tough times are ahead for them too, writes Lisa Steyn.
The skill gap is not just a headache for emerging markets such as South Africa, it also weighs heavily on powerful corporations worldwide.
After an unexpected profit warning by the Absa Group this week, banking analysts have questioned whether mortgage defaults are on the rise.
The head of First National Bank Islamic Finance, Ebi Patel, will retire at the end of July after 29 years of service at the bank.