Production at the South African Kleinkopje coal mine, run by global mining group Anglo American, resumed as employees returned to work after a one-day unlawful strike, Reuters reported. The company said that the illegal work stoppage was resolved and production was back to normal. There have been no reports about a change in the situation with the strikes at five coal mines operated by South African diversified mining group Exxaro Resources. Investors have been worrying about a further spreading of industrial unrest in the coal mining sector, after South Africas gold and platinum sectors were plagued by violent strikes for several months in the second half of last year. The strikes caused serious damages to Africas biggest economy in terms of lost output, which dented growth, and deterioration in the investment climate. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more