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The President of Steel and Engineering Industries Federation of South Africa SEIFSA, Elias Monage, says the possible closure of ArcelorMittal operations in South Africa could have devastating impacts on employment, industrialization, and livelihoods acros
Manage episode 461591914 series 2825637
Government is holding urgent talks with ArcelorMittal amid the company's plans to close down its operations. Labour Minister Nomakhosazana Meth is meeting the management of ArcelorMittal South Africa today. ArcelorMittal South Africa announced that it would close facilities that produce long-steel products in the towns of Newcastle and Vereeniging and a rail-fabrication facility in eMalahleni because it couldn't make them profitable. This would lead to as many as 3 500 jobs loses. To discuss the challenges facing the steel sector, Sakina Kamwendo spoke to the President of Steel and Engineering Industries Federation of South Africa SEIFSA, Elias Monage.
8477 епізодів
Manage episode 461591914 series 2825637
Government is holding urgent talks with ArcelorMittal amid the company's plans to close down its operations. Labour Minister Nomakhosazana Meth is meeting the management of ArcelorMittal South Africa today. ArcelorMittal South Africa announced that it would close facilities that produce long-steel products in the towns of Newcastle and Vereeniging and a rail-fabrication facility in eMalahleni because it couldn't make them profitable. This would lead to as many as 3 500 jobs loses. To discuss the challenges facing the steel sector, Sakina Kamwendo spoke to the President of Steel and Engineering Industries Federation of South Africa SEIFSA, Elias Monage.
8477 епізодів
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