Over the past few years, various mining companies have retrenched thousands of their employees as they either close some of the old shafts or embark on restructuring processes.economy, facing large-scale retrenchments, the province is faced with tough challenges. Over the past few years, various mining companies have retrenched thousands of their employees as they either close some of the old shafts or embark on restructuring processes.
“The problem with job-losses and retrenchments is that workers are not made to be ready with skills so that post life of mining, they could easily be ‘absorbable’ to other industries that the company would have contributed to.” “The companies themselves, I mean, it’s not in their interest to lose people that they’ve trained. When that sort of decision happens, it’s sad. The importance is that the footprint of the mining companies in this area will hopefully stimulate enough or other economic activities, which may last longer than the mine itself because we all know mine starts and the mine ends. It dies and then you often have ghost towns.
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