Business Report writes that Diamond miner Petra Diamonds has issued retrenchment notices to employees at its South African operations as it intensifies cost-cutting measures while forging ahead with the disposal of its stake in the Koffiefontein diamond mine. Retrenchments and lay-offs have been prevalent in the South African mining industry in the past few months […]

SABC News reports that COSATU’s Acting National Spokesperson and Parliamentary Coordinator, Matthew Parks, has expressed deep concern over the lack of salary increases for South African Broadcasting Corporation (SABC) staff in recent years, despite high inflation rates. The public broadcaster has been facing financial difficulties amidst growing competition in the digital broadcasting landscape. Employees of the […]

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SABC News writes that the South African Broadcasting Corporation’s (SABC) Group CEO Nomsa Chabeli says the organisation doesn’t foresee the possibility of staff salaries being at risk as the public broadcaster faces liquidity constraints. The SABC has been battling cash flow challenges in recent years amid an increasingly competitive broadcasting space in the digital era. This comes as the […]

Mining mx reports that Harmony Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from July. The agreement is significant as it is with all unions simulltaneously, the first time this had been achieved by the company in its history. Negotiations, which took […]