businesstech.co.za Dec 02
Plot to oust Ramaphosa, and one of South Africa’s major employers to issue retrenchment notices
businesstech.co.za/news/5-things/845189/plot-to-oust-ramaphosa-and-one-of-south-africas-major-employers-to-issue-retrenchment-notices/
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South Africa Faces Political and Economic TurmoilGlencore-Merafe issues retrenchment warnings amid Eskom tariff disputes on 2 December 2025; ANC probes plot against Ramaphosa.
Key FactsDec 2, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: businesstech.co.za
Summary created with AI assistance · Source: businesstech.co.za
- ANC national officials are investigating a factional plot to remove President Cyril Ramaphosa.
- Glencore-Merafe will start retrenchment notices due to Eskom's failure to provide competitive electricity tariffs, risking over 2,400 direct jobs.
- Pick n Pay announces CFO Lerena Olivier’s departure in August 2026, with Tina Rookledge set to succeed her.
- A report suggests sweeping financial reforms could unlock up to R5 trillion in investments for South Africa’s energy transition.
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Key FactsANC Faces Internal Conflict Over Ramaphosa’s Leadership
Nov 16, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businesstech.co.za
Summary created with AI assistance · Source: businesstech.co.za
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- Advisors and analysts highlight Ramaphosa’s strong popularity and dedication to fighting corruption and promoting unity.
- An early resignation could cause instability and negatively impact the ANC’s performance in the 2026 municipal elections.
It would be mad for them to let him go now.— Dr. Frans Cronje on the political situation surrounding President Cyril Ramaphosa.
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