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Low inflationary pressure keeps repo rate unchanged

As expected, the Monetary Policy Committee (MPC) announced yesterday afternoon that the repo rate would be left unchanged.

Gold wage negotiations: Round no 2

Franz Stehring reports that the respective mining companies presented their current financial and life of mine profiles in response to organized labours’ demands, where after the Minerals Council of South gave the following feedback:

We need to break out of the poverty of ambition- And become rich givers

We live in a world where there is a growing tendency of people suffering from a poverty of ambition. Former US President Barack Obama explained this during his Annual Mandela Day Lecture at the Wanderers Stadium yesterday.

In Memoriam: Francois Rossouw

It is with great sadness that we learnt of the passing away of our colleague and union stalwart Francois Rossouw. 

Paper and Pulp members get 7.75% increase

The parties in the Paper and Pulp chamber of the Bargaining Council reached a full and final settlement agreement consisting of the following elements: