South Africa’s Impala Platinum has started talks with the government and unions that could see up to 2,500 workers laid-off at its Rustenburg operations west of Johannesburg, the company said on Monday.
Thousands of jobs and the future existence of South African based paint manufacturers are at risk because of a government decision to negotiate the abolition of Chapter 39 import duties, specifically resins, from the East African Community (EAC) and Egypt.
The Coega Development Corporation (CDC), operator of the award winning Coega Special Economic Zone (SEZ) announced that over 450 much needed jobs have been created as a result of the booming construction in the SEZ.
The Waste Recyclers Project, which will be launched on Sunday in Ekurhuleni, is expected to create jobs, establish new enterprises and stimulate the local green economy.
The reasons for the high level of youth unemployment have been discussed ad nausea, and, of course, the downgrade of South Africa’s sovereign credit rating by the three most important ratings agencies, Moody’s, Fitch and S&P, come into play, as does the country’s nosedive towards a full-blown recession.
Unemployment in the second quarter of 2017 stayed steady at 27.7% from the previous quarter, but declined by 1.1 percentage point year-on-year, Statistics South Africa announced on Monday.
South Africa’s Pick n Pay initiated a voluntary severance package (VSP) in April to remove 10% of roles and functions in its business because of improvements in technology.
About 3 000 jobs have been saved in the mining sector following Mineral Resources Minister Mosebenzi Zwane’s approval of Lonmin’s application to acquire Anglo Platinum’s 42.5% stake in Pandora, a joint venture between Lonmin and Anglo Platinum.
Jobs in the Western Cape’s agriculture sector have increased by 17%, according to the latest figures from Statistics South Africa. Alan Winde, Minister of Economic Opportunities, said Stats SA’s Quarterly Labour Force Survey, released recently, showed that 250 000 people were employed in the province’s agriculture sector.