Loading...
See More

ANC fuming over Amplats job cuts

Jan 16 2013 08:04 Sapa
Jackson Mthembu

Jackson Mthembu. Picture: Sapa

Company Data

Anglo American Plat Ltd [JSE:AMS]

Last traded 300
Change -9
% Change -3
Cumulative volume 412977
Market cap 0

Last Updated: 27-03-2015 at 04:18. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Amplats job cuts dangerous - ANC

Amplats jobs bloodbath shocks govt

High risk, high reward

Amplats overhaul not a reprisal, says CEO

Amplats closes shafts, 14 000 jobs to go

Amplats workers down tools

 

Johannesburg - Global platinum miner Anglo Platinum [JSE:AMS] wanted to divert its business from South Africa and send the country's mining industry "to the dogs", the ANC said on Wednesday. 

"The ANC condemns the action taken by Anglo American Platinum Limited who have exploited and then mercilessly created conditions to eliminate 14 000 jobs of which 13 000 are in the Rustenburg area," said spokesperson Jackson Mthembu

The company warned on Monday that it would axe 14 000 jobs in a major restructuring of its operations. 

The party called the decision "cynical and dangerous in the extreme". 

Minister of Minerals and Energy Susan Shabangu should call an urgent industry meeting to have companies who wanted to mothball mine shafts surrender their licences. 

"Such licences can be put on a public auction for new owners who are still hungry to mine, to put them to good use."

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

anc  |  anglo platinum  |  jackson mthembu  |  mining

 
 
 
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

People who fall victim to Ponzi scams are:

Previous results · Suggest a vote

Loading...