COAL CLOUT
Coal and power are synonymous in South Africa, which is why the unprotected strikes at Exxaro’s Eskom-serving Matla and Arnot coal mines, in Mpumalanga, and the Grootegeluk coal mine, in Limpopo, were concerning. All resulted in production stoppages but fortunately with no immediate threat of electricity-supply disruption. Eskom’s Matla power station is shown above in more tranquil times, before the performance bonus issue burst onto the scene. The JSE-listed Exxaro reports that the bonuses were not paid at Matla and Arnot because the operations failed to achieve their performance targets. Exxaro added that contingency plans were in place and that the company was in constant touch with Eskom to ensure full communication.
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