Sparks fly as mineworkers meet Khoemacau ExCo
Friday, December 01, 2023 | 1220 Views |
In the news: Khoemacau has changed ownership and is eyeing a $700 million expansion PIC: MINING WEEKLY
BusinessWeek is informed that the mineworkers met with executive management this week in the aftermath of the $1.8 billion (P25.2 billion) deal sealed by MMG to take over the country’s largest copper producer.
In a heated meeting that reportedly ended abruptly, BusinessWeek is reliably informed that BMWU President Joseph Tsimako told the Khoemacau CEO, John Ferreira, that mineworkers do not want him as CEO or in the Executive Committee (ExCo) when MMG fully takes over the operations of the mine.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...