South Africa

Anglo American fires 643 workers for staging illegal strike

South Africa’s platinum giant Anglo American Platinum said Monday it had sacked more than 600 workers at its mine in northern Limpopo province for staging an illegal strike over health insurance. Why did Anglo American fire its workers? The company said the 643 workers had embarked on the strike over changes in[…]

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South Africa targets Uganda for bilateral relations

South African companies in the agro-processing, capital equipment, energy and furniture sectors will show off their wares while on an Outward Trade and Investment Mission (OTIM) to Uganda. The OTIM, which is organised by the Department of Trade and Industry (dti), will get underway on Sunday. “The mission will also introduce[…]

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Presidential inauguration: Cyril Ramaphosa cuts costs by R100m

The presidency confirmed that plans were in place to host a successful, but minimalist, presidential inauguration to install Cyril Ramaphosa as the leader of South Africa. As reported by Sowetan Live, minister of the presidency, Nkosazana Dlamini-Zuma detailed the costs involved in hosting this auspicious occasion that is taking place at[…]

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‘Unemployment can only be alleviated if the economy improves’

Chief economist at Nedbank Dennis Dykes says unemployment in South Africa can only be alleviated if the economy improves. Statistics South Africa revealed an increase in the unemployment rate on Tuesday. It reported that the number of unemployed people increased by 62 000 to 6.2-million in the first quarter of the year. The country’s[…]

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