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.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met BernardMason07 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks BernardMason07

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.

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:

 /  🏆 37. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines