It’s been a terrible week for mining, with 11 workers killed in a mine shaft accident at Impala’s Rustenburg operations, while several mining companies announced plans to cull jobs amid a commodities downturn and deteriorating efficiency at South African ports. The situation has become so dire that the ANC has asked Anglo American to hold off on planned job cuts in South Africa until after the 2024 elections.
ADVERTISEMENT CONTINUE READING BELOW Read: Anglo American begins global head office job cuts in SA Anglo American consults on potential SA job cuts The deteriorating state of SA’s ports is just the latest in a series of mishaps at state-owned companies that have left many firms contemplating their future operations in SA. Volkswagen SA has refuted recent rumours that it is planning to leave SA due to the deteriorating business environment, but firms across the country dependent on reliable energy and speedy access to ports are having these fateful discussions in privat