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In Part II of a series on South Africa 2013: The Year of the Strikes, Advocate Ilene Power highlights six main reasons your employees will go on strike. If you''re an executive on a fat package, some of these risk factors will not be music to your ears – as, ultimately, your income is a major risk factor.
Jul 15, 2014· The country''s economy has battled to fully recover from the impact of the 2009 recession due to low productivity in the mining and manufacturing sectors. The sluggish growth has mainly been attributed to the bruising strikes in both sectors that have led to contractions in the first quarter. Thi ...
South Africa is home to 80% of the world''s known platinum reserves, and produces about 70% of the world''s supply. Platinum prices have been flat since 2009 or so, due to weak demand for catalytic converters, the primary use of platinum in industry. Meanwhile, other costs have risen, putting pressure on the mining industry. In 2013, roughly half of South Africa mining shafts operated at a net loss.
South Africa''s largest platinum mining companies this week warned of potential job losses, while 400 workers were sacked at a chrome mine and at least one mining contractor confirmed that it ...
Miners'' Strike. South Africa 1922. Synopsis. In early 1922, white South African workers in the Witwatesrand gold mining region went on strike. The strike soon became a violent rebellion—sometimes known as the Rand Revolt—that pitted the white miners against the mine owners and the government.
Labour market dynamics in South Africa, 2014 report. PRESS STATEMENT APRIL 2015. Highlights. The effects of the 2008–2009 global financial crisis on the South African economy continued to linger in 2014. This, combined with factors such as constrained electricity supply and labour unrest, has negatively impacted on the performance of the economy.
Rustenburg profited immensely from South Africa''s rising platinum output between 1994 and 2009, which grew by 67% over that period. Before the 2012 strikes, Rustenburg had the third fastest growing economy out of the eight metropolitan municipalities in South Africa.
Mining: a brief history. The 1970s are best remembered for disco, bellbottoms, and the mesmerising lava lamp. It was also the decade that saw South African mining forge ead in its influence on the economy and employment.
Why South Africa''s Mining Strikes Are Symptoms Of A Much Bigger Problem. ... To better the understand causes of the strikes and their political and socioeconomic ramifications, ...
May 12, 1995· "The cause cannot be attributed to a natural unforeseen event." ... Mining is South Africa''s largest industry, and gold is the largest earner among a list of mining .
Mining Machines might not take miners'' jobs, but could save their lives Feb 07 2020 05:01. Simine consultant Antony Mello told Fin24 that the company served assisted the mining industry to define and understand the "organisation of the future", using tech to simplify tasks and help save lives.
Aug 24, 2012· South Africa''s mining industry has lost 131,000 jobs since 2001 because of underinvestment and poor performance, according to the agency. "Growing militancy and .
Labour Unrest in the Mining Sector in South Africa Chitja Twala University of the Free State, South Africa Introduction and Historical Background This article is aimed at explaining and interpreting the events, causes, and the aftermath of the Marikana Massacre which happened on 16 August 2012 in South Africa. Furthermore, the article
Mar 27, 2017· The truth about South Africa''s illegal mining industry It''s a multibilliondollar transnational business empire with its own financial targets, .
Mining in South Africa was once the main driving force behind the history and development of Africa''s most advanced and richest economy. Largescale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later.
As South Africa''s biggest postapartheid mine strike marks its eighth week on Thursday, it is already denting growth and export earnings, and many of those affected are having to sell their most ...
Jun 25, 2014· After five months, South Africa''s platinum miners strike has ended with a deal that will see the lowest paid workers receiving increases of R1,000 (£55) a month.
The white South African State was mobilised and rampant in defence of its cheap labour policy and big dividends for the mining magnates and big business. This marked the opening of a phase of intense repression by the racist regime of the day, led by Field Marshal Smuts, against the forces for change in South Africa.
Oct 10, 2012· Disclaimer. This paper is about underlying causes, social trends and possible solutions to address the causes of the mining strike wave crisis. It is an opinion piece that does not seek to detail the exact quantitative degree to which these trends have impacted on various commodity subsectors of the mining industry.
The five month long strike affected both the workers and the mining companies. The South African mining industry shed 20,000 jobs in the 12 months leading to June 2013, and that trend was set to continue due to low margins, cost pressures and volatile commodity prices.
These giants in the mining industry were so powerful that South American currency, the Rand, was named after them (2). Even though the rule of the Randlords happened a long time ago, the mining industry still feels some of the effects today. The current conditions of mining in South Africa are improving, but still poor.
Dec 24, 2018· South Deep is the world''s second largest goldbearing ore mine, but has been unprofitable for a decade, due to deep deposits and rising strike which began on November 2 ended on December 13. The mining house reached a settlement with the workers, with retrenchments going ead as planned. SibanyeStillwater
Amcu president Joseph Mathunjwa said that his union would close down the entire South African mining industry once they embarked on this strike. ... Amcu secondary strike ''will shut down mining ...
strike in South Africa''s platinum industry. The strike lasted .ve months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long
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