South Africa: “Power cuts expected to hit South Africa’s GDP” – Goldman Sachs

South Africa: “Power cuts expected to hit South Africa’s GDP” – Goldman Sachs

Severe planned power cuts at South African state-run utility Eskom are expected to shave 0.3 percentage points off first-quarter GDP growth, Goldman Sachs said on Thursday. Advertisements

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Africa Mining: South African court orders suspension of union’s industry-wide strike

Africa Mining: South African court orders suspension of union’s industry-wide strike

South Africa’s labour court has ordered a mineworkers’ union to suspend its plans for an industry-wide strike from Feb. 28 to March 7 until it issues a ruling on whether to block the action, the union and producer Lonmin said on Thursday.

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Mining vs Safety: Calls for more security at SA mines following Gloria coal mine incident

Mining vs Safety: Calls for more security at SA mines following Gloria coal mine incident

South Africa Mineral Resources Minister Gwede Mantashe on Friday said the priority remains to restore ventilation at the Gloria mine, in Mpumalanga, and to reduce flammable gases underground so that the search and recovery process can continue with the necessary speed.

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Africa Mining: South African miner Harmony Gold in talks to build solar power plant

Africa Mining: South African miner Harmony Gold in talks to build solar power plant

South African miner Harmony Gold is in talks to build a 30 megawatt solar power plant in the Free State province to supply power to some of its operations to try to reduce power costs and dependence on struggling utility Eskom.

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