Mining Industry to Cut Jobs Next Year; Calls for Strikes

Though, the mining industry in South Africa was recently rocked by a number of strikes. A recent report has shed light that many more strikes could be seen in the first quarter of the coming year for the reason that thousands of jobs are to be shed.

Almost 9% of GDP of the country is contributed by the mines, as per the findings. And the sector was highly hit from August when paralyzing wildcat strikes took place. The strikes were backed by already tough conditions hitting profitability. It has been told now that the jobs to be removed can be more than ten thousand in number.

Besides, there could be higher stayaways on the card since rival unions had largely gathered for power. This effort was there to be observed on Thursday at Harmony Gold. Two miners had even lost their lives in a turf battle.

Bheki Sibiya, Chamber of Mines CEO, affirmed that the industry is going to struggle while getting NUM and AMCU for negotiation. Also, the next year would be really tough for negotiations.

"Some people above ground are going to be retrenched and some people below ground are would be retrenched because the industry is literally between the rock and the hard place", he was quoted as saying.


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