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SOUTH AFRICA: SA’s jobs market gets tight

Don’t expect an improvement in the country’s employment figures when Statistics South Africa (Stats SA) releases numbers for the first quarter of 2019 later today, with a spate of large companies having announced plans to cut staff since the beginning of the year.

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SOUTH AFRICA: Retrenchment tracker: South Africa’s big corporate job losses in 2019 - so far

  • Date: 25-06-19
  • Category: SOUTH AFRICA
  • Source: Business Insider

The alarming state of the South African economy is taking a heavy toll on companies, and many have announced retrenchments. These are some of the biggest job losses since the start of the year...

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SOUTH AFRICA: Johannesburg power cuts: Eskom issue warning for affected residents

  • Date: 22-06-19
  • Category: SOUTH AFRICA
  • Source: The South African

A series of Johannesburg power cuts have gripped the city on Saturday, and Eskom are asking citizens in the East Rand to remain vigilant.

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SOUTH AFRICA: Ramaphosa's Old Union Seeks S. Africa Platinum Mine Comeback

  • Date: 21-06-19
  • Category: SOUTH AFRICA
  • Source: Yahoo Finance

(Bloomberg) -- The National Union of Mineworkers, which dominated organized labor across South Africa’s platinum belt until the massacre at Lonmin Plc’s Marikana mine in 2012, is plotting a comeback.

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SOUTH AFRICA: Waterberg growth inbound as R12 Bn water access project kicks off

  • Date: 20-06-19
  • Category: SOUTH AFRICA
  • Source: Mining Review

Water supplies to Lephalale municipality, Eskom’s Matimba and Medupi power stations and Exxaro’s Grootegeluk mine will soon be augmented following the implementation of the Mokolo-Crocodile Water Augmentation Project Phase 2A in Limpopo Province.

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SOUTH AFRICA: Rand rallies as Ramaphosa set to give more support for Eskom

  • Date: 19-06-19
  • Category: SOUTH AFRICA
  • Source: Eye Witness News

JOHANNESBURG - The rand rallied in late trade on Tuesday after the government signalled it will give additional support to power firm Eskom and as emerging currencies were lifted by expectations the Federal Reserve could signal US rate cuts.

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SOUTH AFRICA: Eskom says winter plan has resulted in low risk of load shedding

  • Date: 17-06-19
  • Category: SOUTH AFRICA
  • Source: Eyewitness News

Eskom's head of generation Andrew Etzinger said despite the resignation of the utility's CEO Phakamani Hadebe, the plan is in full swing.

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SOUTH AFRICA: AMCU leader takes diplomatic tone ahead of platinum wage talks

The leader of SA's biggest union in the platinum industry, which had the longest-ever platinum-mining strike and which self-identifies as "militant", the Association of Mineworkers and Construction Union president Joseph Mathunjwa is sounding rather diplomatic.

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