Big Read

Beacon of hope now fading into the gloom

Arnot OpCo, created by former miners and regarded as a new worker co-operative model, is in business rescue

03 September 2023 - 00:02

By Dineo Faku

What was supposed to be an exemplary employee equity model where workers used their own money to acquire a 50% stake to save a mine that was going to close and retrench, has instead turned into a nightmare.

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