Old Mutual
IOL BR NUM Congress 1
motshwari Mofokeng

NUM opposes sale of Kimberley Mines

NUM was totally opposed to the sale of the Kimberley Mines by De Beers Consolidated Mines in Kimberley, the union said.

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Prasa
Independent Newspapers

‘Prasa locomotives met all standards’

The 13 imported locomotives that cost R600m met all the regulatory standards and regulations, the Prasa CEO said.

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Glencore
Reuters.

NUM fights Glencore retrenchments

The National Union of Mineworkers would fight retrenchments at Glencore’s Optimum Coal Mines, the union said.

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Items 71 - 80 of 121

Mattress maker Serta dumps Trump
July 2 2015 at 09:24

Donald Trump’s disparaging comments about Mexicans have cost him another business relationship.

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US sues to stop Electrolux acquisition
July 2 2015 at 09:23

The United States has filed a lawsuit to stop Sweden's Electrolux AB from buying General Electric’s appliance business.

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PayPal buys Xoom in $890m deal
July 2 2015 at 08:57

The online payments titan is buying the international money-sending service Xoom.

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CRG’s future hangs on prospective suitors
July 2 2015 at 05:00

Central Rand Gold’s (CRG) best laid plans in the financial year to December 2014 were dampened by the flooding of its shafts leaving it to scramble together plans for impromptu surface mining operations and hanging f... Read Story
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Investec: Koseff’s salary, bonus increase
July 2 2015 at 04:50

Stephen Koseff, the chief executive of Investec, received £2.97 million in salary and bonus for the fiscal year to March, a 23 percent increase from a year earlier.

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Up to 700 Glencore jobs are on the line
July 2 2015 at 04:48

Glencore was preparing to dismiss as many as 700 workers as lower prices had made the shutdown of some operations at its Optimum Coal Mines unit in Mpumalanga unavoidable, it announced yesterday.

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Net-a-Porter boss staying put after merger
July 2 2015 at 04:41

Net-a-Porter chairman Natalie Massenet signaled that she plans to stay at the online fashion and luxury-goods retailer after it merges with Italy’s Yoox, saying she’s someone who’s “super happy in t... Read Story
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State’s sale of stake to PIC raises questions
July 2 2015 at 04:34

Politics seemed to have trumped investment considerations in a deal that saw the Public Investment Corporation emerge as the buyer of the government’s 13.91 percent stake in Vodacom to raise a R23 billion bailout for... Read Story
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MTN tells rebel unions to get lost
July 2 2015 at 04:28

A group of rebel Cosatu unions have thrown their weight behind the five-week strike against mobile operator MTN in support of the Communications Workers Union.

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Nike plans smooth succession at the top
July 2 2015 at 04:25

Nike chief executive Mark Parker was tapped to become the sneaker maker’s next chairman, part of a succession plan for the day when co-founder Phil Knight steps down from the role.

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Items 71 - 80 of 121