Mining Strike In South Africa

Introduction: Background to the Strike. The formation of the Union of South Africa in 1910 was a development that had vastly different consequences for the various groups in the four former colonies. The union was a victory for the British – especially for the ‘uitlanders’ (foreigners) and mining magnates – who wanted to unite the country; but it was a defeat for Afrikaners such as Paul Kruger who wanted to

Oct 08, 2020 South Africa’s National Union of Mineworkers (NUM) threatened on Friday to call a strike at mining companies De Beers, Exxaro, and Petra Diamonds after failing to reach wage agreements. NUM, one of the biggest mining unions in South Africa, said it had secured a certificate to stage a strike after talks on a wage settlement

Mar 05, 2014 South Africa is a world leader in mining, and mining remains the back bone of the country’s economy. It has been so since the precious metal was discovered in Johannesburg around 1887. The country’s huge and varied mineral reserves play a vital role in the economy, accounting for nearly half of the country’s merchandise exports, including

the strike to disappear. We conduct our analysis using a dynamic CGE model of South Africa. JEL codes: C68, J52 Keywords: Platinum mining strike, computable general equilibrium, UPGEM 1 Introduction The labour strike in South Africa’s platinum sector that started on 23 January 2014 became the country’s largest and most expensive in history

Dec 01, 2015 In this paper we measure the economy-wide impact of the 2014 labour strike in South Africa's platinum industry. The strike lasted 5 months, ending in June 2014 when producers reached an agreement with the main labour unions.The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative impacts on the South

Jul 18, 2014 Effects of the Mining Strikes on the South African Economy. A wave of violent, wildcat strikes that erupted periodically in 2012 rooted in a turf war between AMCU and the National Union of Mineworkers, cost platinum and gold producers over R16-billion that year, when the current account gap was 5,2% of gross domestic product (GDP). Mining

Aug 31, 1987 The strike, although ostensibly over wages and working conditions, was widely seen as the beginning of a battle for South Africa's wealth between powerful white mineowners and black miners

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Aug 29, 2021 South Africa is awaiting a decision on its requests for Interpol Red Notices in respect of the four Guptas. DM168 Workers at Gupta-owned Optimum Coal Mine during a protest on 21 February 2018 in Middelburg, Mpumalanga, South Africa

Feb 27, 2019 The world’s biggest platinum miners won a reprieve after a South African court reserved judgment on whether to block a week-long industry strike that was scheduled to start Thursday night

May 19, 2015 The long read: In 2012 a strike at the Marikana mine in South Africa ended in the killing of 34 miners. Investigations have revealed one man emerged who

Over that period, there was either a service delivery protest or wildcat strike or march every second day that impacted mining operations in one way or the other

Oct 05, 2015 The strike is expected to worsen, and comes at a time when South Africa is facing a severe shortage of electricity. The country meets approximately 77% of its energy needs from coal. South Africa consumes almost three quarters of the 255 million tonnes of coal produced domestically

Apr 08, 2015 The move comes ahead of wage talks in South Africa’s coal, gold and diamond sectors expected to begin next month. In March, the NUM said it may

Aug 21, 2012 South African police shot dead 34 striking workers at platinum mine last week, setting off a wave of protests. In what has been described as “South Africa’s first post-apartheid massacre

Feb 22, 2019 South Africa is home to the world's biggest platinum group metals deposits and accounts for just over 90 percent of global production. The mining firms were considering the notices and vowed to everything in their power to prevent a strike, including legal action, the council said in the statement