Tag: job cuts

Africa’s top publisher to close South African publications, cut jobs

JOHANNESBURG (Reuters) - South African media and e-commerce group Naspers plans to lay off more than 500 employees and close a number of newspapers and magazines, including leading weekly tabloid...

South Africa’s telecoms company Telkom could cut 3,000 jobs -letter to unions

Like other African telecoms firms, Telkom, in which the government holds a stake of about 40%, is trying to keep pace with a surge in demand for the internet and data with growing smart phone usage.

South Africa’s Gold Fields union plans to strike over 1,100 job cuts

Gold Fields said it would restructure operations at South Deep.

More job losses loom at SA’s Group Five firm as company posts year loss of $90.76 million

Group Five cut jobs last year when it began the restructuring process.

Gold Fields CEO Nick Holland opens up on decision to cut 1560 jobs

Gold Fields is set to cut as many as 1,560 jobs at its loss-making South Deep mine, which has taken in investment of R32 billion so far. The company's CEO Nick Holland spoke to CNBC Africa's Rofhiwa Madzena on these developments.

Anglogold announces plans to cut 2000 jobs

Anglogold announces plans to cut 2000 jobs

S.Africa’s Sibanye confirms over 2,000 layoffs at gold mines

South African precious metals producer Sibanye-Stillwater confirmed on Wednesday that it had laid off more than 2,000 gold miners as it shuts its loss-making Cooke shafts where illegal mining syndicates have plagued...

South Africa’s Implats in talks that could lead to 2,500 job cuts

South Africa’s Impala Platinum has started talks with the government and unions that could see up to 2,500 workers laid-off at its Rustenburg operations west of Johannesburg, the company said on Monday. Implats,...