Tag: job cuts
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...
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.
Gold Fields said it would restructure operations at South Deep.
Group Five cut jobs last year when it began the restructuring process.
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.
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 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,...
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