south africa mining strike to spread to at least 15 firms

South Africa: Key Issues and Challenges | Mark Mobius

 · The South African state owns about 700 firms, including railways, ports and a whole range of companies operating in various industries which are called "parastatals." Pay for civil servants has increased much faster than inflation, and perks for …

Rising palladium demand tightens Russia''s hold on precious ...

 · At least 15 mining firms in South Africa have received notices of strikes to be held later this week. Production of palladium is very concentrated, much like that of its sister-metal, platinum. Russia and South Africa are collectively producing about three quarters of the world''s mined supplies.

Mining Health and Safety in South Africa | The African ...

But these resources are blighted by a tumultuous mining health and safety record. "The number of deaths due to mining incidents for the period of June 1, 2008 to June 1, 2009 were 142 deaths of miners lawfully employed (and) 135 deaths of illegal miners" South Africa''s Mines Minister Susan Shabangu said in a written reply to government on ...

Where Apartheid Lives On – Foreign Policy

 · Specifically, to create five million jobs by 2020, South Africa would have needed a growth rate of at least 5 percent per year just to make a dent in current levels of unemployment, and ...

End of Apartheid in South Africa? Not in Economic Terms ...

 · More South African businesses are shuttering than opening, according to a report from the Global Entrepreneurship Monitor at London Business School. Only 2.5 percent of firms …

Gold markets: Palladium, South African mining, dollar in focus

 · At least 15 mining firms in South Africa have received notices of strikes to be held this week in support of colleagues at Sibanye-Stillwater who downed tools over wages and job cuts, Minerals ...

Finance and real estate helped economy grow 0.8% in 2018

 · South Africa''s economy grew by 1.4% in the fourth quarter of 2018‚ contributing to an overall growth rate of 0.8% for the entire year. ... South Africa mining strike to spread to at least 15 ...

South Africa Over the rainbow

 · Industrial action has now spread beyond mining. In September 20,000 lorry drivers went on a three-week strike, affecting deliveries of petrol, coal, cash and other goods.

Coal miners strike deal in South Africa | Business and ...

 · More than 80,000 miners, or 15 percent of the industry''s workforce, have walked off the job in recent months [EPA] Coal companies in South Africa have signed a …

Zimbabwean Private Equity investing in other firms in ...

 · The COVID-19 pandemic has not helped matters. Private equity final closes across Africa as a whole dropped to $1.2bn in 2020 from $3.8bn in 2019 as the pandemic hit. The region''s economies have been ravaged – Zimbabwe''s GDP shrank by 8% last year, South Africa shrank by 7% and Botswana by 8.3%. Still, there have been green shoots.

Talks as South Africa strikes enter second week ...

South African energy companies held talks with union officials on Monday in a bid to end a strike that has forced more than 200 petrol stations to run out of fuel and triggered panic buying by ...

''Ghost town'' fears haunt South Africa''s mining heartland ...

"If miners can get R12,500 nobody in South Africa will accept less." In the towns, people are hesitant to assign blame for the strike – some single out the companies, others Amcu. Some also ...

9 reasons to feel better about the South African economy

 · Weak levels of investment and more than 270 hours of loadshedding as well as a gold mining strike and a weak grape harvest wreaked havoc on the economy. At the time, there was little hope that we would escape a recession (two consecutive quarters of a shrinking economy). But it looks as if South Africa may just pull it off.

South Africa mining strike to spread to at least 15 firms ...

At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday.

Palladium ETF Pushes Toward New Records on South Africa ...

 · Fueling the spike in palladium prices on Monday, at least 15 mining firms in South Africa, the location of the world''s largest platinum group metals deposits accounting for over 90% of …

High wage claims seen spreading in S Africa | Financial Times

The unrest - which started at Lonmin''s mine in mid-August following a prolonged strike at one of Impala''s mines earlier this year - has spread through South Africa''s mining industry ...

South Africa''s Lonmin miners accept pay rise to end strike ...

 · Striking platinum miners at Lonmin''s Marikana mine in South Africa accepted a hefty pay rise offer on Tuesday, ending six weeks of violent labor unrest that killed 45 people and rattled Africa''s ...

Jacob Zuma calls on striking miners to return to work

 · Many of the mining firms in South Africa are UK listed. In all, analysts say that about 75,000 miners are currently on strike in the gold and platinum …

Police crack down on striking South African miners | CNN

 · Police in South Africa used stun grenades to disperse a gathering of hundreds of people early Saturday in the Marikana area, in the latest crackdown on striking mine workers, according to police ...

South Africa''s platinum mining firms, top union end ...

 · South Africa''s biggest platinum mining union sealed three-year wage hike agreements with Anglo American Platinum, Impala Platinum, and Sibanye-Stillwater on Friday, ending months of …

South Africa: Stallion Security Staff Fired After Strike ...

 · When Simon Kgatla earned a job with Stallion Security guarding one of the major stadiums in Johannesburg, he thought that he would also get a piece of the 2010 World Cup cake promised to all South ...

Concession Stands: How Mining Investments Incite Protest ...

 · The mining sector in South Africa has been anecdotally linked to xenophobic violence. Jamasmie Reference Jamasmie 2015. However, the prevailing narrative suggests that such violence has been exacerbated by falling commodity prices and cutbacks in employment, which generates more competition between local and foreign workers.

Mining Engineering Online

 · South Africa''s platinum mining firms, top union seal wage deal November 15, 2019 Anglo American Platinum, Impala Platinum and Sibanye-Stillwater reached an agreement for a three-year wage hike agreement with the Association of Mineworkers and Construction Union (AMCU), South Africa''s largest platinum mining union.

The 10 Largest Companies In South Africa By Market ...

 · 7. Anglo American PLC (AGL) - ZAR505.19 billion. Headquartered in London, England, Anglo American PLC is an international leader in the mining industry. Anglo employs more than 64,000 people worldwide, with operations across South Africa, the Americas and Australia.

Palladium | Aussie Stock Forums

 · At least 15 mining firms in South Africa, home to the world''s biggest platinum group metals deposits accounting for over 90 per cent of global output, have received notices of strikes next week in support of colleagues at Sibanye-Stillwater who downed tools over wages and job cuts.

Foreign Direct Investment Flows into Sub-Saharan Africa

source of FDI in Africa. According to UNCTAD (2013), South Africa was the second-most important investor in Africa (from developing countries) in 2012 after Malaysia. The rise in outward FDI flows from Africa in 2012–to $14 billion–was mainly due to large flows from South Africa in mining, the wholesale sector and healthcare products. South ...

STRIKE

and Newmont'' Mining. The strike has also spread t~ service trades, construction, ... spread to the oppressed workers in South Africa. How The Strike Spread The press in Windhoek, the capital, reported on December 10 that Walvis Bay workers ... with at least four other U.S. and South African corporations. American Metal

South African healthcare workers strike before budget ...

 · The South African Federation of Trade Unions (SAFTU) and the Socialist Revolutionary Workers Party (SRWP) urged their members to stay away from …

South Africa''s largest trade union plans nationwide strike ...

 · South Africa''s largest labour union group, with more than a million and a half members, said on Wednesday it would stage a nationwide strike on …