Today's Big Stories

CEO of Sibanye Gold says government must keep their politics out of mining

In the face of possible mining jobs losses, the CEO of Sibanye Gold Neal Froneman says government must keep their politics out of the mining industry.

This comes after speculation that almost 11 000 miners could lose their jobs after getting notifications from various companies.

(Also read our article: Ramatlhodi says he will not tolerate the 'inhumane' retrenchment of workers)

Cautious of the repercussions, government responded by ordering mining company Glencore to suspend operations as it had allegedly not followed proper procedure in its plan to fire 380 miners.

Meanwhile, while companies and unions are still negotiating, Froneman has spoken out frankly about his frustration at what he calls government’s misunderstanding of the mining business.

I think the government continues to make political noises and rhetoric instead of coming up with concrete commercial and economic suggestions.

Neal Froneman, CEO of Sibanye Gold

Listen to the full conversation, with Pippa Hudson standing in, on CapeTalk's Breakfast with Kieno Kammies:


Recommended

by NEWSROOM AI
Read More
Chamber of Mines on attempts to save the industry from jobs bloodbath

Chamber of Mines on attempts to save the industry from jobs bloodbath

We interviewed the Chamber of Mines' CEO on his participation in teams tasked with practical interventions in the industry.

Mineral Minister scrambles to mitigate mining jobs bloodbath

Mineral Minister scrambles to mitigate mining jobs bloodbath

The Minerals Minister is meeting stakeholders in Mining with the hope of keeping job losses in the industry to a minimum.

Ramatlhodi in bid to stop mining retrenchments

Ramatlhodi in bid to stop mining retrenchments

Ngoako Ramatlhodi met with mining bosses to try and stop retrenchments. Stephen speaks to a mining analyst about this move.

Ramatlhodi says he will not tolerate the 'inhumane' retrenchement of workers

Ramatlhodi says he will not tolerate the 'inhumane' retrenchement of workers

The Minister of Mineral Resources has instructed Glencore to shut down its Optimum coal mine.

'SA must better prepare for impending death of mining industry', says analyst

'SA must better prepare for impending death of mining industry', says analyst

Economist Mamokgethi Molopyane suggests that South Africa is not adequately preparing for the death of mining as an industry.

Mining silicosis: How SA's medical compensation system is failing mineworkers

Mining silicosis: How SA's medical compensation system is failing mineworkers

Lawsuits by those that have contracted the lung disease silicosis have now put spotlight on medical compensation for sick miners.

Popular articles
Retirement: 8 biggest mistakes people typically make…

Retirement: 8 biggest mistakes people typically make…

The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

I was not introduced to Ajay Gupta - Grootes

I was not introduced to Ajay Gupta - Grootes

Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.

Vavi: I can't sleep at night for making Zuma the president

Vavi: I can't sleep at night for making Zuma the president

Zwelinzima Vavi says South Africa is paying dearly for choices they've made in being angry with Mbeki and not thinking logically.

Why the PAC wants South Africa renamed Azania

Why the PAC wants South Africa renamed Azania

Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.

WATCH: Zuma denies crisis at Sassa, won't evaluate isiphithiphithi (chaos)

WATCH: Zuma denies crisis at Sassa, won't evaluate isiphithiphithi (chaos)

Zuma says he cannot be expected to act against Minister Bathabile Dlamini on social grants matter now before the ConCourt.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

5 most important years in anyone’s life (when it comes to investing)

5 most important years in anyone’s life (when it comes to investing)

How old are you? Financial advisor Warren Ingram discusses the five most important ages in anyone’s investment career.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...