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UASA commends Cynthia Carroll, Anglo American as exemplary corporate citizens

UASA commends mining giant Anglo American Chief Executive Cynthia Carroll for publicly admitting that the mine’s environmental history leaves much to be desired.

Carroll also admitted in the past week that mining activities in Sishen are the reason why farms in the area are becoming increasingly dewatered.

In addition, Anglo was recently singled out as one of 125 mines coal mining without the necessary water permit.

UASA concerned about petrol price increase

UASA is concerned that the substantial increase of 20 cents per litre in the price of all grades of petrol next week, as announced by the Department of Minerals and Energy on Friday, may prove to be just one more blow to South Africa’s still struggling workers and consumers.

Poor economic outlook means workers have the short end of the stick

Workers are increasingly under threat, because since the 2008 great depression the world of work has gradually changed and continues to change

Unemployment, poor economic growth the result of SARB interest rate increases?

The South African Reserve Bank (SARB) should move away from the utilisation of interest rates to keep inflation within its target range.

Hawks’ actions will bring positive growth figures to nought

The release of South Africa’s economic growth figures today must be seen against a background of a looming recession

Shocking SAA losses a call to reality

Finance Minister Pravin Gordhan’s confirmation that SAA had made a shocking loss of R4.7bn in the 2014-’15 financial year, and the projected loss of R1,8bn for 2015-’16 is a call to face reality.

SARB made the correct decision in leaving interest rate unchanged

The South African Reserve Banks Monetary Policy Committee’s decision to leave the repo rate unchanged at 7% per annum is a positive step under the circumstances.