Job Market Monitor
South Africa
Anglo Platinum / Job-reduction target cut by 31%
Lowering the headcount to 4,138 at most, less than a target of 6,000 jobs. Continue reading
South Africa’s Sibanye / To cut another 2 000 jobs
Dual-listed Sibanye Gold was set to shed a further 1 500 to 2 000 jobs through “rightsizing” the organization Continue reading
South Africa / Unemployment rises to 25.6%
South Africa – Unemployment rises to 25.6%, as the number of unemployed people reaches 4.73-million – the highest level recorded since the QLFS started in 2008. Continue reading
South Africa / Government Employees Pension Fund / $1.3 Billion to Job-Growth Funds – Bloomberg
South Africa’s Government Employees Pension Fund, Africa’s biggest, said it allocated 13 billion rand ($1.3 billion) to three new funds targeted at boosting employment and economic growth. The Public Investment Corp., which manages most of the GEPF’s money, committed 5 billion rand to an environmental sustainability fund, 3 billion rand for a “priority sectors” fund … Continue reading
Sibanye Gold / To Cut 1,110 Jobs
Sibanye Gold Ltd. (SGL), South Africa’s second-biggest producer of the metal, will cuts 1,110 positions at its Beatrix West mine in South Africa, fewer than first proposed, in a bid to return the operation to profit. The company will stop development at the mine, resulting in 330 job cuts and an additional reduction of 780 … Continue reading
South Africa / Minimum Wage / 1 988 farmers seek exemption
Nearly 2 000 farmers, many from the Western Cape, have applied for exemption from the minimum wage for farm workers. Labour Minister Mildred Olifant told a press briefing on Thursday, following her department’s budget vote speech, that 1 988 farmers had applied for exemption from the new R105-a-day wage included in the sectoral determination for … Continue reading
SA / Unemployment rate to 25.2%
The number of unemployed increased by 100 000 people to 4.6 million between the fourth quarter of 2012 and the first quarter of 2013, Statistics SA (StatsSA) said on Monday. This took the country’s official unemployment to 25.2% from 24.9% in the fourth quarter of 2012, StatsSA said in its Quarterly Labour Force Survey (QLFS). … Continue reading
Mining / South Africa / Amplats to cut 14,000 jobs
Anglo American’s platinum arm is expected to cut 14,000 mining jobs as part of the loss-making business. According to industry sources, the mining company is under pressure from South African government. Anglo American Platinum, the world’s top platinum producer, is battling to restore profits and is planning to cut back production and mothball two mines … Continue reading
South Africa / Massive crowd for 900 cleaning jobs
The plight of the unemployed in the city and around the country was highlighted yesterday when hundreds of job hunters flocked to the City Hall in the hope of landing one of 900 cleaning jobs. Since the beginning of the week, people have been queuing at the office of a private cleaning company in Paul … Continue reading
SA / Struggling to keep skilled workers
COMPANIES that employ people with skills classified as essential and scarce are in a dog-eat-dog situation, maybe not so much in the private sector but the public sector is surely feeling the pinch. Yesterday, state arms manufacturing company Denel complained to Parliament about how it was training engineers only to have them leave the company … Continue reading
South Africa / Minimum Wage / Farm layoffs start after wage hike
South African farmers have started laying off labourers just two days after the government raised the minimum wage for the sector by 50 per cent in response to a wave of violent farm strikes, an industry official said on Wednesday. The government hiked the base wage to 105 rand (US$11.86) a day on Monday but … Continue reading
South Africa / New minimum to take effect from March 1
The new rate, R36 more than the current minimum wage of R69 a day, would take effect from March 1. “The new minimum wage… is R105 per day for employees who work nine hours a day, or R11.66 per hour, R525 weekly, or R2274.82 per month,” Oliphant told reporters in Pretoria. This new sectoral determination would … Continue reading
South Africa / Amplats shafts closure could lead to the loss of almost 14,000 jobs
Anglo American Platinum has said it will cease production at four mine shafts in the Rustenburg region of South Africa, which could lead to the loss of almost 14,000 jobs. The world’s biggest platinum producer said lower demand for the precious metal and higher costs meant the shafts were unprofitable. Amplats said it proposed to … Continue reading
South Africa / Mining bleeds 15,000 jobs in quarter
THE beleaguered mining sector shed 15,000 jobs in the third quarter, reflecting the extent to which the slowdown in global demand for commodities, coupled with disruptive wildcat strikes, had on the sector, a Statistics South Africa jobs survey released on Tuesday showed. The job losses in mining do not bode well for South Africa’s already … Continue reading
South Africa / State’s fund creates only 745 jobs in 18 months
Since its launch last year, the government’s R9bn Jobs Fund has placed 745 unemployed youths into jobs through one of the projects that have benefited from the fund. The fund, promised by President Jacob Zuma last year in his state of the nation address and launched in June, provides grants to government departments, companies, municipalities … Continue reading
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