Joint venture partners Glencore and Merafe Resources could cut up to 665 jobs and have started consultations with workers at their Rustenburg ferrochrome smelter. Local chrome firms on Monday warned of more than 1,200 potential job cuts, citing power cuts, rising electricity tariffs and increased competition from overseas. The potential layoffs highlight the risks posed..
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SA chrome firms warn of more than 1,200 job cuts – Eskom’s unreliability and rising tariffs were some of the main reasons for the layoffs
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Broke SAA – R35-million are splurged on bodyguards ahead of job cuts
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Five top South African Airways “personnel” will be given R10,500-a-day bodyguards as the airline prepares to announce massive job cuts.
A two-year deal with security company Control Risks will cost the airline — which lost R5.6-billion in the 2017 financial year — up to R35-million.
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