Today's Big Stories

Analysts talk mining jobs

Analysts in the mining industry, Peter Major and CEO of the Chamber of Mines, Roger Baxter, weighed in on the jobs task team set up by the Department of Mineral Resources.

A jobs task team set up by the Department of Mineral Resources says it has not been able to secure a moratorium on retrenchments, but the government has agreed to step in and create opportunities for workers whose jobs are at risk.

The task team is made up of stakeholders from mining companies, unions and the government, and on Monday a ten-point agreement on how to manage the looming job cuts was signed.

Major said, “Let’s try and slow down the decline and see what action can follow, we need leaders who lead by action.”

The mining analyst added that at least all the parties admit that there are things going wrong.

“We were the greatest producers on this earth and we kept increasing production, the problem is there is no productivity, no working together and no innovation,” Major said.

Mineral Resources Minister Ngoako Ramatlhodi says they’ve accepted that all mining jobs won’t be saved, but they need to do as much as possible to ensure mine workers can fill different positions.

Baxter admitted that our productivity has fallen and our costs have risen but various stakeholders are trying to find ways to deal with the issue.

Listen: Analysts in the mining industry Peter Major and CEO of the Chamber of Mines, Roger Baxter, weighed in on the jobs task team set up by the Department of Mineral Resources.


Recommended

by THE NEWSROOM
Read More
Veterans and ANC not on same page about terms of consultative conference

Veterans and ANC not on same page about terms of consultative conference

ANC vets want civil society groups present at the consultative conference, which they want held separately from another meeting.

Top SABC journos applauded for brave testimony

Top SABC journos applauded for brave testimony

EWN's Gaye Davis summarises the evidence of the SABC journalists who appeared before the ad hoc committee in Parliament.

If you're gona be a hero (and smash a car window), make sure you can prove harm

If you're gona be a hero (and smash a car window), make sure you can prove harm

A criminal lawyer explains what leg citizens can stand on if they witness a child or pet locked in a vehicle in risky conditions.

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

The DA's James Selfe says it is not clear whether SABC's Hlaudi Motsoeneng will be either fired or suspended pending an inquiry.

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.

The #ConsideredView with @StephenGrootes: Platinum miners Apartheid hell

Stephen shares some insight into the long lived platinum miners strike.

Popular articles
Almost 30 million SA ID numbers compromised after site hacked

Almost 30 million SA ID numbers compromised after site hacked

Independent Marketing Consultant in the Technology Space, Andrew Fraser says this looks like a leak and not a hack.

Signal jammers and other devices confiscated at China Mall

Signal jammers and other devices confiscated at China Mall

Several communications devices were confiscated from businesses in a raid by Icasa at China Mall on Wednesday.

Michael Jordaan (ex FNB CEO, ex Chair of Mxit) bares his soul about money

Michael Jordaan (ex FNB CEO, ex Chair of Mxit) bares his soul about money

The Money Show's Bruce Whitfield interviews Rain Director Michael Jordaan about his money beliefs and history.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

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...

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.