Mining companies could cease operations should load shedding persist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Labour expert Mamokgethi Molopyane says there is a possibility that mining companies may cease operations in the next coming years if power utility Eskom continues with load shedding.

Labour expert, Mamokgethi Molopyane says there's a possibility that mining companies may cease operations in the next coming years should load shedding continue and this will lead to retrenchments.Labour expert, Mamokgethi Molopyane says there's a possibility that mining companies may cease operations in the next coming years should load shedding continue and this will lead to retrenchments.

Last week, Eskom escalated load-shedding from stage four to stage six. The company blames this on the unprotected strike by workers and breakdowns at power plants.However according to Molopyane, though mines have plans in place to make sure that work is not interrupted by power outages, there is a likelihood that mining companies may restructure or close in the coming years if load-shedding persists.

NUMSA secretary in Rustenburg, Phestus Motshabi says job loses will be experienced if they are unable to supply the mines and that they will not be able to survive as they rely mainly on supplying the mines.

 

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They must stop now n leave the country. That's when the 1st world countries will know the capabilities of the Natives of Africa.

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Wrong narrative and prediction

This is an empty threat from mining companies,capitalism and greed knows no limits,these mining companies have been taking from this continent 4evr,fckem let them go. Let's see where they get their precious metals.

End with the Pushing Of Narratives! ThePeopleWillDetermine

Let’s see how the ANC pays grants once this happens. Then maybe grant recipients will finally see them for what they are.

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 /  🏆 37. in JP

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