Business Day | Only a national concerted effort can rescue Eskom and the economy
Business, in particular coal-mining companies, must participate in ending the power utility’s crisis, and not just be armchair commentators
Business, in particular coal-mining companies, must participate in ending the power utility’s crisis, and not just be armchair commentators
PRESIDENT Cyril Ramaphosa’s first State of the Nation Address after the election was received with some scepticism. Some of his political opponents questioned his dreams and urged him to face reality.
It’s not only the mines and jobs that are at risk; coal is the largest foreign currency earner for SA and contributes immensely to the country’s trade balance
Coal mining company Canyon Coal, a Menar group company, is prepared to offer coal to State-owned electricity utility Eskom at a cheaper price on an open-book basis from two new projects.
It is often said that every difficulty signals an opportunity. The challenges facing South Africa’s coal mining sector are not an exception to the dictum. Three difficulties have the potential to give rise to opportunities in coal mining.
Within a few months President Cyril Ramaphosa has done his best to tackle investor negativity in South Africa. However, creative ways to engage the unemployed must be developed.
President Cyril Ramaphosa’s undertaking in his stimulus package to restore confidence in the mining sector, after former Mineral Resources Minister Mosebenzi Zwane nearly destroyed it, is a welcome development. South Africa’s economic fortunes have always been linked to miningWhenever mining boomed, the rest of the economy was in […]
TWO years ago, just over 1 300 workers in KwaZulu-Natal were about to lose their jobs.The workers who faced this gloomy future were employed by the Zululand Anthracite Colliery and the companies contracted to the mine. Continue reading
You have to be made of stone not to be touched by the piercing questions posed by the “lowly newspaperman” in his piece “We need to stop spitting on our legacy”.
In the late 19th century, when reports emerged of the discovery of gold in the Witwatersrand, Paul Kruger, the president of the Transvaal in colonial South Africa, was dismayed.
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