AS DIE HOND DIE HAND BYT WAT HOM VOED…….

Die Anglo myngroep wat op die voorpunt was van die ondermyning van die beginsel van afsonderlike ontwikkeling toe hulle in die werksplek en by sosiale funksies wit en swart saamgedwing het, bevind hulle nou aan die ontvangkant van die gevolge daarvan. Apartheid is nou met hulle samewerking van die tafel af en dienooreenkomstig is die meerderheid nou in beheer!

Veelvuldige waarskuwings dat een toegewing sal lei tot ‘n volgende eis en ‘n volgende toegewing totdat meerderheidsregering verkry is, is in die wind geslaan vanweë die finansiële en politieke oogmerke met Suid Afrika. Die ingrypende nadelige gevolge daarvan sal egter ook nie by die mynbase verbygaan nie!

As Anglo American van mening is dat die weerhouding van steenkoolvoorsiening aan Eskom die ANC regime sal laat afsien van sy eis dat swartes 55% beheer moet hê van die voorsiener aan ‘n staatsinstelling, verstaan hulle nog nie watter jakkals hulle in die hoenderhok losgelaat het nie!

Jan de Lange, Netwerk24

Johannesburg - Anglo American wants to withdraw its supply of coal to Eskom because of government requirements that blacks must own at least 55% of a supplier, Netwerk24 reported on Monday.

It relates to the stubborn refusal by government that New Largo, which is supposed to be the anchor supplier of coal to the Kusile power station, enters into a long term agreement with the owner, Anglo Inyosi Coal, before 60% of the mine belongs to black owners.  

This could have enormous consequences for the supply of coal to Eskom, because large investments would have to be done in new coal mines over the next five years in order to meet Eskom's future coal needs.

READ: Kusile reaches critical milestone - Eskom

In December 2014, after years of uncertainty, Eskom agreed with Anglo Inyosi Coal on a framework to prevent delays in building the mine from causing the power station to take even longer to go into operation.

The framework simply means that Kusile will obtain coal from New Largo. A final supply agreement will only be signed when Anglo Inyosi Coal is in control of black shareholders.

Shortly afterwards it was revealed that the first unit of Kusile could only supply power in 2017.

READ: Eskom: We made mistakes at Medupi and Kusile

Mark Cutifani, CEO of Anglo, was diplolmatic when he announced on Friday that Anglo is withdrawing its supply of coal to Eskom.

It is good business, he said, but does not make a big contribution to their headline earnings. Anglo owns 63% of Anglo Inyosi and black shareholders own 27%.

"We are going to reduce our shareholding in the mines to less than 50%, including in New Largo," said Cutifani.

Anglo will, however, not supply any financing or other support to increase the BEE shareholding.

"It will have to happen purely on a commercial basis."