Author: Boitumelo Kgobotlo

Big Reads, Business

Pick n Pay halts retrenchments of over 22K workers after state intervention

Retail giant Pick n Pay has temporarily halted mass retrenchment processes after a meeting with Minister of Employment and Labour Nomakhosazana Meth on Wednesday.... Read more.
Business

Bakubung Plantinum Mine to retrench nearly 500 employees

Bakubung Platinum Mine has begun a formal retrenchment process that could affect close to 500 employees across the business. Owned by Wesizwe Platinum, which is... Read more.
Media giant Canal+ lists on JSE to deepen African footprint
News

Media giant Canal+ lists on JSE to deepen African footprint

French media company Canal+ has officially listed on the JSE in a secondary listing, allowing its shares to be traded on more than one market. The listing follows... Read more.
Politics

Liam Jacobs makes political U-turn to DA ahead of local government elections

Patriotic Alliance (PA) Johannesburg councillor Liam Jacobs had made a political about-turn to the Democratic Alliance ahead of the local elections after dumping... Read more.
Business

AECI appoints former Reunert chief Ernest Dickson as group CEO

Industrial and chemicals group African Explosives and Chemical Industries (AECI) has appointed former Reunert Limited chief executive Ernest Dickson as its new group... Read more.
Spending on fuel drops
News

Petrol price rises, diesel goes down as government cuts fuel levy

There is yet another blow at the pumps as government fuel levy relief is reduced while petrol prices continue to climb. The general fuel levy relief has been cut... Read more.
NUM suspends official over R11m graft, paying bogus suppliers
Big Reads, Business

Merafe withdraws notice to retrench 3K workers after Nersa grants power tariff relief

Merafe Resources has withdrawn its retrenchment notice after a breakthrough on electricity pricing for the ferrochrome industry. Through the Glencore-Merafe Chrome... Read more.