South Africa has softened its anti-trust regulations to allow firms battling high power costs to jointly build energy ...
South Africa’s once dominant ferrochrome industry is on the brink of collapse and requires a government bailout. That decline ...
Bizcommunity on MSN
Govt eases energy anti-trust laws to give companies fighting chance
The new regulations amend the anti-trust law to allow firms to collaborate to "secure back-up or alternative energy supply, reduce energy costs and secure shared or adjacent sites, infrastructure, ...
South Africa eased antitrust rules to allow competitors in industries hit by high power costs to cooperate on negotiating cheaper power supply.
The move comes as South Africa-based processors of ferrochrome and manganese are idling operations and laying off thousands of workers due to high electricity prices.
South Africa has eased its anti-trust regulations, allowing firms to jointly build energy infrastructure and negotiate contracts to combat high electricity costs. This move aims to support distressed ...
The country has grappled with rising electricity costs that have roughly tripled over the past 15 years, far exceeding ...
AAP Newsroom on MSN
Rio Tinto in preliminary talks to merge with Glencore
Current talks involve Rio Tinto acquiring Glencore in an all-share transaction that would create the world's biggest miner.
The operator of South Africa’s last remaining manganese smelter said it may have to cut as many as 600 jobs as high power ...
24/7 Wall St. on MSNOpinion
Gold Is up 70% But Investors Are Overlooking The Refiner Stocks That Could Pop Next
Before the end of the year sell-off for tax purposes in which millions of investors engage, gold prices were up as high as 70 ...
Opinion
16don MSNOpinion
COSATU raises alarm over potential closure of Mozal, threatens 27,200 jobs in South Africa and Mozambique
This is something neither nation can afford. With unemployment already dangerously high at 42.4% in South Africa, we must pull out all stops to avert this potential calamity.
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