job losses

The National Union of Mineworkers (NUM) has expressed outrage at the potential loss of around 3,000 jobs at Glencore and Samancor’s ferrochrome operations in South Africa. The proposed retrenchments, linked to high electricity tariffs and falling ferrochrome prices, have been labelled “premature and disingenuous” by the union. NUM chief negotiator Lefty Mashego accused the companies […]

South Africa’s unemployment rate climbed to 33.2% in the second quarter of 2025, up from 32.9% in the previous quarter, marking the third consecutive increase and the highest level since Q2 2024, according to Statistics South Africa. The labour force grew by 159,000, with 19,000 more employed (reaching 16.8 million) and 140,000 more unemployed (totalling […]