After maintaining electricity supply for over 10 months, Eskom has reintroduced Stage 3 loadshedding due to unforeseen breakdowns and the need for extensive repairs. This return to load shedding comes alongside news of an upcoming 12.7% tariff hike approved by NERSA, highlighting ongoing challenges in balancing the utility's financial sustainability and consumer affordability.
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Sibanye-Stillwater is deviating from the traditional collective bargaining process in the South African gold sector by opting for independent wage negotiations. The company is pressing forward solo, following unsuccessful talks with labor unions, which marks a significant change in how wage negotiations have historically been handled. This move could set a new standard within the mining industry, potentially resulting in more individualized agreements as opposed to broad industry-wide arrangements.
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Ray McCauley, the influential founder of Rhema Bible Church, has died at 75. South Africa's President Cyril Ramaphosa expressed his condolences, highlighting McCauley's profound impact on the religious community. McCauley's death was announced on October 9, 2024. His enduring legacy in South Africa's religious landscape is cherished by many. The cause of death remains unspecified.
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