Former president Jacob Zuma was never going to remain the all-powerful and omnipresent political figure that he thought, writes Pieter du Toit.
Sibanye's SA gold mines produced 24% less year-on-year and its core profit fell 40%.
Power utility Eskom has offered to back down on its refusal to pay employees a bonus in addition to an inflation-beating wage increase to end a deadlock that caused power outages, according to two people familiar with the matter.
The risk of rotational load shedding remains high for Thursday evening but will only be implemented if absolutely necessary, says Eskom.
Eskom and worker unions remain locked in wage negotiations, alongside a warning from Numsa that a CCMA strike certificate might be considered if talks fail.
Eskom and unions representing workers have yet to reach a wage deal nearly a month after negotiations began, with unions describing the talks as "sensitive".
Eskom has raised its wage-increase offer to 7% for 2018, the National Union of Mineworkers has said.
Commuters will, once again, be expected to find alternative means of transport because of a deadlock on backdated pay.
Transport minister Blade Nzimande and labour minister Mildred Oliphant will meet with bus operators and unions today in another attempt to end the deadlocked pay and conditions talks.
The Public Service Coordinating Bargaining Council says trade unions and government are close to reaching a wage deal, but labour representatives insist they’re edging closer to a strike.
Mango pilots have returned to work this morning after a labour dispute with the low-cost airline was resolved on Thursday night.
The Minerals Council has announced the conclusion of a wage agreement between Harmony Gold [JSE:HAR] and unions representing an estimated 69% of the miner workforce.
Solidarity is one of three unions locked in long-running wage negotiations with the power utility, which recently moved to dispute resolution body the Commission for Conciliation, Mediation and Arbitration.
Following a month without load shedding, Eskom warned that the power grid was again constrained due to "instability at several power stations due to acts of intimidation".
The National Union of Mineworkers say wage negotiations with the power utility will resume on July 27.
Wage negotiations between unions and employers in the gold mining industry will start on Wednesday.
Numsa has walked out of the second round of wage negotiations at Eskom, accusing the power utility of 'hostility' and bringing armed security to the negotiation venue.
South Africa is offering unions representing 1 million state employees inflation-busting pay increases at a time when the country needs to rein in spending to help keep its investment-grade credit rating.
The nationwide bus strike continues, as negotiations hit a deadlock. Watch.
South Africa faces a stark choice: risk strikes by as many as 1.3 million government workers or meet their pay demands and jeopardize its credit rating.
The NUM has warned against mining companies bargaining individually, as the Chamber of Mines announced an agreement between unions and miners to continue collective wage talks.
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