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Platinum Bank
Gazette ‘investment’
backfires -
page 3
The Safety Day was interacƟve with employees parƟcipaƟng to ensure that they understand
the safety messages and are commiƩed towards working safely. The day included Employee
Wellness where they could get a variety of free health tests done.
2 NOVEMBER 2018 NUUS 3
On strike
At the time of going to press members of the South
African Municipal Union Branch in the Fetakgomo
Tubatse Local Municipality were still on a strike
that they had embarked upon last Monday.
The strike is a protected legal strike and
during their protest action outside the municipal
head office in Burgersfort on Monday, they waved
around a hand-written memorandum wherein
linkage between the illegal VBS money invest-
ment scandal and the, according to them, abortive
personnel integration of the erstwhile Fetakgomo
and Tubatse local municiplaities are insinuated.
In the memorandum it is also alleged that several
senior officials are corrupt and their dismissal is
demanded.
Chairperson of the local branch of SAMWU, Mr
Collins Dlamini, told Platinum Gazette on Thurs-
day that following a council meeting at Apel on
Tuesday, the memorandum was still scheduled
to be handed over after the Local Council decid-
ed to give some senior managers seven days to
respond to allegations against them before they
are suspended. A meeting was also due to be held
between employee representatives and the Mayor
later on Thursday.
Last week the mayor alleged in an interview
with a national media organisation that the munic-
ipality and its executives were clueless about the
legality of the Venda Building Society Mutual Bank
investment of more than R200 million.
The Office of the Executive of Mayor Sekhukhune District Municipality represented by MMC
Yvonne Mmakola welcomed MEC of Education Mr Ishmael Kgetjepe at Maswi A Nape Primary
school - Ephraim Mogale Local Municipality to officially launch E - library. This programme will
be rolled out across the whole District and teachers and principals will attend workshops on
E – library to effectively pass on the knowledge to their students.
E-Libraries
take off in
Sekhukhune
District
4 NEWS 2 NOVEMBER 2018
Hard work went into making sure everything went right for the graduation. The event was held at Tubatse Chrome Club and the women enjoyed the morning together.
2 NOVEMBER 2018 NUUS 5
Communities stand
together for water
“We are fully aware of the issues raised by for not beiing able to respond to issues The newspaper requested
the 7 communities and wish to State that directed at Lebalelo. Lebalelo to provide feedback
together with the Office of the Premier, the Regarding water supply in the 7 villages, on the issues raised with the
Office of the Executive Mayor of Sekhukhune so far, we are supplying them with water newspaper in time for next
District Municipality has been part of all the from boreholes. So far, we have not been week’s publication in order to
engagements between the affected commu- made aware of challenges of water short- afford the company enough
nities and Lebalelo Water Users Association ages in those areas. We are however free time to formally respond.
(LWUA),” said Mr Willy Mosoma, Spokesper- to be engaged with if there are challenges
son in the Office of the Executive Mayor of of water supply in those areas so that
the Sekhukhune District Municipality (SDM), urgent interventions can be made”.
this week.
He added: “Our interest in the main was
to facilitate fruitful talks between the two
He reacted after Platinum Gazette came
in contact with both SDM and Lebalelo
after a meeting with representatives from a
Bauba plans continued
parties. So far, we have not been made Working Committee representing the com-
aware of irreparable differences between the
two groups. And we are still confident that
both LWUA and the 7 communities will find
munities of Sehunyane, Shakung, Ga-Ma-
sete, Malokela, Pataneng, Modubeng and
Phala. The group (photo below) raised
chrome growth
each other. We apologize in advance if the various issues they have with the newspa- Bauba Platinum (Bauba; JSE: BAU) Chinese ports, partially due to higher imports
help that we offer is not enough and we will per, including an alleged shortage of water released in its integrated annual report for from South African producers and lower con-
improve moving forward. We apologize again supply to their respective villages. 2018 on 25 October 2018 and stated in it, sumption in June, a consequence of environ-
that it is close to finalising the purchase of mental inspections. Also, market confidence
an opencast chrome ore project. was negatively impacted by the US-China
Bauba has also received an acceptance trade war.
letter from the Department of Mineral Re- In FY2018, Bauba’s focus was on devel-
sources (DMR) in respect of a prospecting oping Moeijelijk from an opencast operation
right application for an opencast chrome with a limited life-of-mine selling only unben-
target that it and its geological advisors be- eficiated chrome ore run-of-mine into both
lieve will yield high prospects for opencast an underground and opencast operation
and underground chrome ore near existing selling premium speciality grade chrome ore
chrome ore operations in the Western Bush- concentrates.
veld Complex. Steady progress was made on develop-
Bauba, which operates the Moeijelijk ment of the underground mine, with 30 000t
Chrome Mine (Moeijelijk) near Steelpoort of stable monthly LG6 chrome ore expected
in the Eastern Bushveld Complex, say it to be reached before the end of calendar
will invest only in assets with a low cost of 2018 or early in 2019. Commissioning of the
production to protect itself against cyclical new wash plant to produce chrome concen-
market downturns. trate, is in progress.
On the state of the chrome market, Bau- Capital expenditure on Moeijelijk in
ba says the chrome ore price has stabilised FY2018 was R72,354 million (FY2017:
and prices are expected to increase towards R9,699 million). Regarding its platinum as-
the end of the 2018 calendar year due to an sets, the company says exploration remained
improved demand outlook. suspended in FY2018 as PGE prices contin-
There was a weak start in the 2019 ued to fall, restricting potential opportunities
financial year with record inventory levels in for raising meaningful funding.
REPRESENTATIVE
Sales
Klein Advertensies
Limpopo
A well-established Retail and Distribution company is currently seeking a
Sales Representative for the Limpopo region. The candidate must have
• Smalls
Place your small advertisement via e-mail or fax or contact Beánnla Celliers on 083 543 1676 or 083 271 9151. E-mail:
matric, sales experience, a drivers license and own vehicle. adverts@platinumgazette.com • Fax: 086 554 9031
Responsibilities include:
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• Growing his/her region by 10% year on year.
• Introducing and growing the Select PPE Brand.
• Research.
Platinum Gazette contact details:
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The Working Earth 10-22254 Human Communications 144073 Tubatse Municipality
2 NOVEMBER 2018 NUUS 7
Matthew
9:13 NIV
“But go and
learn what
this means:
‘I desire
mercy, not
sacrifice.’
For I have
not come
to call the
righteous,
but sinners.”
Platinum Gazette
SPORT
Another win New leadership
elected for Pulana
Burgersfort Masters is still playing every the Burgersfort Masters was on a roll.
weekend. The eventually won the game 2-1.
Last weekend they enjoyed a game of friend-
ly soccer against a team from Mashifane (Information and photographs: K.S. Makgo-
Park. The game took place on Sunday and pa)
Maroga Soccer League
Pulana Maroga Soccer League is enter- also chosen. This group is eager to make
ing a new era after they had their annual their mark and take the Pulana Maroga
general meeting recently. Soccer League to the next level.
At this annual general meeting new leaders Soccer season is back in full swing and
were elected to lead the organisation for teams are facing-off in weekly games at
next three seasons. various grounds around the area. Games
They are Chairperson- Lesese Ace. First rotate between die home grounds of the
Deputy Chairperson - Mohlala Thomas. different teams participating in the league
Second Deputy Chairperson - Tshego competition.
Simon. Secretary - Maroga Jerry. First Pulana Maroga Soccer League results are
Deputy Secretary - Tsie Raidy.Second regularly published in Platinum Gazette
Deputy Secretary - Maroga Venty. Treas- newspaper.
urer - Tsie Judas. Coordinator - Rantho (Information: Pulana Maroga Soccer
Kgodiswana. Ten additional members were League).
Time to enter is
running out!
The 2018 Chrome Masters Golf Tournament for assistance or to enter for the tournament
is set to happen next week. on 082 674 2494.
Only 20 spaces remain available for players Friday evening the vibe at Tubatse Chrome
to come and test themselves against players Club will be fitting of a Masters Tournament
from all over. as Jakkie Louw will be performing at the
Entries can be done online by visiting: https:// Club. This is set to start at about 18:30.
tournament.handicaps.co.za/albport/tourn/ The Tubatse Chrome Golf Club invites all
TournForTudb.jsp?locale=en_ golf players who would like to compete for
ZA&tourn-nr=4060&language=en_ZA&style= this prestigious title to not miss out and
gvnb&sid=#tournList make sure that they are entered to play next
You can also contact Thinus Labuschagne week.