Business In The News South Africa

Competition Tribunal approves Sibanye’s R5billion takeover of Lonmin

JOHANNESBURG, November 22 – The Competition Tribunal, the regulatory body which provides final approval for large mergers in South Africa, on Wednesday approved the proposed acquisition of platinum group metals (PGMs) miner Lonmin Plc by Sibanye-Stillwater, subject to specific conditions. Last December, Sibanye offered R5.17 billion for Lonmin in a deal that would create the […]

Lead South Africa

Marikana celebrates ‘heroes’

MARIKANA, August 16  -The Marikana commemoration at Wonderkop near Rustenburg started on Thursday morning with performances from local artists. The performances ranged from cultural and choral acts to hip-hop. Local group Zayamtefela Cultural Group performed their song called ‘’lalani kahle maqawe akuthi’’ which is Xhosa for ‘’rest in peace our heroes’’. Group members Vuyiswa Mnqinya, Simphiwe Bongo and […]

In The News South Africa

No minutes taken at meeting planning to kill Amcu members, court hears

BRITS, April 13  – No minutes were taken at meetings allegedly plotting to eliminate Association of Mineworkers and Construction (Amcu) members, the Brits Magistrate’s Court heard on Friday. “Several meeting were held at different places, no minutes were taken at such meeting. Several items were discussed including liquidating Amcu at Lonmin. One meeting was held […]

In The News South Africa

Former Amcu members resolved to kill union leaders after election bid failed

BRITS, April 11  – Disgruntled Association of Mineworkers and Construction Union (Amcu) members resolved to kill union leaders after their national office did not respond to their complaints, the Brits Magistrate’s Court heard on Wednesday. Warrant Officer Johannes Montsho, told the court that the disgruntled members closed branch offices and called for election of new leaders, but […]