The instability in KwaZulu-Natal’s Richard’s Bay area –where avarice for tenders and jobs has led to a wave of violence – could batter the country’s image in the eyes of investors.
The world’s largest mining company, Rio Tinto, has been forced to stop its operations and declare a force majeure. This may render the province a pariah to foreign investors as the company prepares to pack up and go should a solution not be found.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: