In Business: AngloGold’s mining rights under threat, battle to stop copyright bill, VBS claims more victims

AngloGold Ashanti, one of South Africa and the world’s largest gold mining companies, has been threatened with the loss of its local mining rights by the department of mineral resources.Only President Cyril Ramaphosa can save the South African publishing industry from the disaster that the Copyright Amendment Bill could cause.The general manager of the Public Servants Associations Ivan Fredericks writes for us.

He says the government’s approach to public servants and their vested interests is creating the perfect storm for expanding poverty and causing a situation in which, in years to come, public servants will also be standing in SA Social Security Agency queues.An insurance group destroyed by its exposure to VBS Mutual Bank is going into liquidation – potentially destroying any hope of recovering R86 million in policies belonging to more than 63 000 truck drivers.

CORRECTION:My Complaint to the PUBLIC PROTECTOR is NOT against AGA but against the DMR for having what I would call a CORRUPT RELATIONSHIP with AGA by failing to DIRECT AGA to COMPLY with the CONDITIONS of its MINING RIGHTS by DIRECTING AGA to PAYBACK over R500m to MINEWORKERS.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Industry in renewed battle over mining charterThe minerals council, which represents around 90% of South Africa’s mineral production, is taking the 2018 mining charter on judicial review over provisions in the policy that it says remain “untenable” it announced in a statement on Wednesday morning.
Fonte: mailandguardian - 🏆 2. / 92 Leggi di più »

Nersa increase places 90 000 mining jobs at risk | Business | M&GInitially, when Eskom made its tariff application the council estimated that it would cause 150 000 job losses while hastening the demise of the gold sector and severely impacting the platinum sector. All part of the plan. Close some mines and smelters. Need less electricity, blackout averted, pressure off. Blame mine management, demand they pay higher wages and give away their meagre profit. Reserve margin restored, go beg another bailout from nonexistent taxpayer. SARS a y s
Fonte: mailandguardian - 🏆 2. / 92 Leggi di più »