‘Christmas food parcels for former Lily Mine employees not enough’ | Citypress

  • 📰 City_Press
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Former Lily and Barbrook gold mine employees in Mpumalanga were given some festive relief this week when a company that has been struggling to buy and re-open the mines gave them food parcels.

More than 1 000 workers of the mines, which are situated in Louisville outside Barberton, lost their jobs in 2016 when a sinkhole opened up at the entrance of the Lily Mine and buried a container office with three workers inside.The bodies of Yvonne Mnisi, Pretty Nkambule and Solomon Nyirenda have still not been retrieved.The workers been out of work since and were hoping that an investor would buy the mines from the Australian company, Vantage Goldfields and resume operations.

Fred Arendse, CEO of Siyakhula Sisonke Corporation , said the company had spent R1.13 million on food parcels for the former employees and community members. Arqomanzi had to go to court to force business rescue practitioners, Rob Devereux and Daniel Terblanche, to recognise the company as Vantage Goldfield’s biggest creditor following Standard Bank’s ceding of VGO’s R389 million to Arqomanzi.Arqomanzi approached the Mbombela High Court to get this order and another one restraining the business rescue practitioners from making misrepresentations to any prospective buyer during the business rescue process.

The prolonged litigation has left the workers and their families in a difficult situation. Until the container office is retrieved when the mines are re-opened, the families of Mnisi, Nkambule and Nyirenda have said they will not find closure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tax implications of gifts from employers | CitypressTax implications of gifts from employers | Sars may expect to share in your good fortune when your company rewards your hard work At what point is sars going to let us live our best lives and enjoy fruits of our labour? 😭😭😭😭 Sars is the enemy of joy😩💔 I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Leticia_thomas3 on Twitter. She guides me through and i made a return of R15500 after a week of trading, connect with her SARS can GFT
Source: City_Press - 🏆 7. / 72 Read more »