Thousands could lose jobs in mining sector - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Thousands could lose jobs in mining sector via SABCNewsOnline

Speaking in Johannesburg, the council’s CEO, Roger Baxter said 90 222 jobs would be at risk due to the tariff hikes granted to Eskom over the next three years.

Baxter said coupled with ongoing power outages, Eskom’s impact on the mining sector is not just a crisis but a potential disaster. According to the Minerals Council, 71% of all gold mines and 65% of platinum mines in the country were making a loss or were marginal at the end of last year. Last week, Statistics South Africa data showed that gold production contracted for the 15th month in a row, shrinking by more than 22% in January, while platinum output was up almost 9% in the same period.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Bad news Eish.

people are losing jobs everyday in every sector and Eskom is the contributing factor to it as well.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 32. in EG

مصر أحدث الأخبار, مصر عناوين

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